No quinlash - debt was paid with combo if cash and shares. 'Google it'
And where paid promoters - just months ago - posted continually about Tikrays huge cash position of $400 million (never mentioning debt) they now post about reducing debt, but not mentioning Cash is down to $200 million and short term debt is stil $200 million.
Which is why there was a $250 million ATM financing.
Replacing debt by issuing shares thru yet another financing is hardly a sign of competent management.
And increasing revenue - but lowering gross profit - by buying failing companies isn't either.
Have You checked the nightly rates at Simple Simons hotel in The Hamptons? You have to be a millionaire - any average Joe retail investors of Tilray stay there? Was it nice?
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quinlashon Aug 20, 2024 7:59am ![](https://assets.stockhouse.com/kentico-cms/0345-00/images/Sprite.svg#id_Post_Views_Icon)
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RE:RE:RE:I wonder how much Simple Simon
Debt was paid with cash.
Net Revenue for trailing 4 qtrs = apx 800mil USD
See Press Release Section