LIkE a ShephERD CIA CaMetO sILenCE tHe neGaTiVVVVe & sHeD liGhT
Post by CaneIsAbel on Jun 02, 2023 2:46pm
We paid a lot less for Hexo after all
Tilray will receive 12.5 million from a previous placement hexo had arranged. Tilray aquired a Canadian LP with significant market share for less then 45 million. Wonderful strategic move and another mile stone for Tilray's growth strategy and consolidation of the Canadian market. The synergies and money saved shows management is on point
Here’s the facts about the offering
Carl Morton’s Explanation of the 38.5 million shares borrowed.
The new offering will be used to pay down debt at a lower interest rate. When investors purchase a convertible note, they do so on the belief that the Company’s stock will increase. When the stock does increase over an extended period and at a high enough level, they convert the notes into shares of the company and when they convert the note into shares, they also have to return the shares they used to hedge their position. When they return those shares, they have to buy them on the open market, further increasing demand for our shares.
When the shares come back, the investors have to buy them in the open market, increasing demand. When they come back to us, they will come back as Treasury shares. It is our understanding that during the period the shares are lent out, they will not count against our shares outstanding for EPS purposes. When they come back because they are Treasury shares, they will also not count against our shares outstanding for EPS purposes.
Many of the questions were answered.
I posted the links last night to the ama. I been telling this board over and over again Irwin Simon is not using money from Tilray to buy hotels and basketball teams. He came to this company a wealthy man founder of Hain Celestial a billion dollar market cap publically traded company. Irwin Simon has exercised far less which can be seen on yahoo financial details pay less then two million. Should certain mike stones be reached his pay could be significantly higher with shares alotted from bonuses and retaining his services and connections he had. I been telling you Cash right now is king all week and the CFO himself reiterated what I been telling you guys before the CFO himself. It was a refinanced deal and it doesn't support short sellers in the way the rumors are describing. We have a rock solid company in its aggressive growth stages. I hope my posts serve to help some people with anxiety understand the market conditions and the agressive short tactics being employed right now by institutions to profit off retailers.
It’s impossible to get any refinancing or cash
In cannabis. It's unheard of for better part of a year now yet Tilray closed its refinancing rather quickly. Generally institutions don't invest in what they see is a failing company or a company that will never see 2.66 again since that's when a portion of the notes can be converted. It results in some dilution but also increased institutional investment. It's so painfully obvious they are working on another purchase. That's why they held on to the cash. A purchase that will add to our margins and grow the company. As for stock price volatility I won't bother predicting that. Let the jac@ assss below this comment be a clown. I'm not getting into SP predictions