RE:RE:RE:WEED Smaller Quarterly loss, Reiterates Going Concern Doubtyp01048 wrote: Correct me if I am wrong, but this was as of June 30th.
July 14 they issued a whole slew of notes etc to deal with the debt.
Judy just said on th call that they have paid off all the principal notes of whatever due in July. Also, the remaining 70 million or so would be used to pay off debt from the facility sales.
Also, seems like BioSteel will be sold so I imagine some of that money will be used to paid down debt and for investments.
Companies report their numbers every 3 months but can only report on changes that occured with that reporting period. Anything that occured outside of the period will be captured on the next QTR report. This is why you don't see sales figures show up on recent acquistions as anything within apx 1 month of a report is something that very likely will be captured in the next period.