Well first off quinlash - that $100 million Is gone.
Tikray is a cash burning machine - and the money raised so far (from issuing news shares) didn't go toward a U.S. acquisition that would accommodate entry into the US cannabis sector - it was spent to pay operating expenses as well as acquire 4 hemp slough water beverages - that no one wants.
But to suggest this $100 million-raised by selling shares at higher prices - will be used to buy shares is absurd.
Are you actually THIS uninformed about investing and finance, as well as Tikray and the greasy CEO known as Simple Simon?
Stay in school, quinlash - investing is not a fall back career for people such as yourself
Post by
quinlashon Nov 20, 2024 11:50am 17 Views
Post# 36321888
RE:RE:Yes quinlash - shorting is a perfectly
Last mention by CEO was that they raised 94 Million USD from ATM. Plan was to use that for M&A however if M&A is deferred it could be 94 Mil USD to buy shares from the open market
Review the CEO interviews on YouTube, you're missing some good content