RE:Skulduggery As pointed out several times by posters, in order to fulfill the requirements of the KAOS Backstop financing (a max of $5 million per month for 36 months - to sevice the Tilray debt) - Hexo has to maintain a min. of a .30 cent share price.
They were sitting around .15 cents - tonto bought at .155 based on his faulty technical analysis - and without the KAOS money, Hexo would default of the Tilray covenant.
You continue to ask the same questions over and over - maybe read the answers and it'll save you some grief.
Mukulu20 - (12/27/2022 3:18:24 PM)
Skulduggery
knows no bounds at HEXO. Reverse split wiped almost 100% worth of the value of our holdings. What was the purpose of reverse split if the stock can't stay above $1 within 6 business days of the reverse split. Pure malfeasance and no propriety. Disgraceful management. No justice.
Mukulu20 - (12/27/2022 3:18:24 PM)
Skulduggery
knows no bounds at HEXO. Reverse split wiped almost 100% worth of the value of our holdings. What was the purpose of reverse split if the stock can't stay above $1 within 6 business days of the reverse split. Pure malfeasance and no propriety. Disgraceful management. No justice.