Aleafia Health Inc ALEAF

Realistically I dong see aleaf being bought out

[sthinei]

For anything above .75 cdn or about 340 million including debt. Bidders would be crazy to offer more. Sad. Incredibly poor job done by management.

[rad10]

what interest has there been?   Pure speculation, but I think debenture holders will take under this company.  Debt for equity with dilution of existing shareholders into the crapper. How the "game changing" CEO retains his job is beyond me.  

[sthinei]

Rad many of the other names that were bought out were in even a worse position when it came to their debt and cash on hand.  I addition to that their losses were astronomical compared to Aleafs losses.  So realistically and comparatively there should be a good opportunity to sell.  What is required is a desire to do so.  Did you ever look at the financials of Supreme or Zenabis

[Toweringmars]

Dare I say that you hit the nail on the head with this one. The M&A activity suggests that the big players are watching closely. Wonder what happens when they see a full year full acerage harvest when boasting 60% margins on already price compressed outdoor. Hmm.

[IMB]

Stinei how much do you think they have on their order book? That could make a difference.

[sthinei]

Well clearly they are going to have seek some new orders/ customers. Cant go back to some of the same deadbeats who reneged on $7 million in orders. I was hoping that fires out west smokes out a lot of that outdoor grow op. I was speaking to resident from Vancouver today who is in toronto for 2 months and she says does not want to go back until these fires havd abated because you can smell it in

[IMB]

Geoff has already stated the their international customers have already reordered so that is a good sign. Geoff has also stated that they will exceed last year sales. He has eluded to this in various interviews so go back a look. He has also stated that the shipments are the largest they have sent so that is more than 1 mil per shipment. He has also eluded to 2000 kg so work it out. This decrease,

[Toweringmars]

Agreed, it could even be services rendered that for some reason they cant put on the books yet. I would argue however that the company should come out and address the bad debt expense. Who knows, maybe it gets paid in Q3, would be a nice 7m bump to top line. If I were a betting man, id wager that the company has seen the price collapse here and will issue a NR next tuesday. Lets wait and see I