RE:RE:Excellent news for Auxly !!! :)SCQuin wrote: This actually don't do much to improve the situation. It does however, extend existing debt with more punitive and costly terms. Auxly just borrowed more money from another lender... something like 5m @ 18% and so it goes. You can tell by the SP action today that no one is impressed.
Better than a chapter 11 or Bankrupcy as many other weed companys have already done !!
They obviously see a future or then would not have renewed.
If you dont see a future then sell your stock....myself Im not going anywhere at this level, plus they have Imperial Brands that is sticking by them which speaks volumes !! Just sayin.... :)
Cheers :)