Of course quinlash posts misleading and uninformed opinion.
Otherwise he'd be able to name the acquisitions and related revenues - rather than vague no substance statements.
Debt wasn't paid down through 'substantial' revenue gains - profit and positive cash flow would do that, Tikray doesn't have that - and their gross profit has dropped significantly.
Shares were issued to pay down debt, not increased revenue - and that was because the f Tikrays negative cash flow. They don't have the extra cash to pay down debt, let alone regular expense
Post by
quinlashon Nov 02, 2024 9:26am 
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Post# 36293492
RE:Tilray being sued - again
Looks like a desperate BS lawsuit, likely funded by the same group that hired trolls to trash the company on forums.
The company used shares to fund acquisition deals that substantially increased revenues, allowed the company to pay down debt and now has the EPS the closest to positive it has been in years.