Post by
BCStock on Apr 03, 2020 9:45pm
True Leaf projections
Present Status and projections: True Leaf has no money, lots of debt, a piece of land and an empty building never used. The value of the Canadian cannabis grow op licence is unknown. The American loan sharks have stepped in and made sure their USA buddies administer the investigation of True Leaf and charge tonnes of management fees. The True Leaf main financial bean counter dude has fled the scene. The CEO is jumping up and down exclaiming he could save the company by making face masks for dogs. Present creditors, should as soon as they can, pry it out of whomever is caretaking True Leaf, a complete list of all the creditors and what is owed. Shareholders of non-preferred shares sadly are at the bottom of the heap and likely nothing will be left. You might have to wait until True Leaf is formally declared bankrupt to find out the collateral damage to suppliers and shareholders. The CEO is retained and given a nice salary during this time, as the investigator hired firm and later the bankruptcy managing firm try to figure out what exactly was going on. The directors are busy researching if they have any True Leaf liabilities, and pondering when to jump ship. Interesting business idea, but history repeats itself. Due your due diligence always and keep your emotions at bay. Happy investing again some day.
Comment by
Weston on Apr 04, 2020 5:27pm
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Comment by
steve957 on Apr 04, 2020 9:50pm
no offence if you buy this your fuken dumb!!!!! if you are still holding this you fuken brain dead !!!!!!!!!!!!! this will be delisted very soon good luck
Comment by
Weston on Apr 04, 2020 10:32pm
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Comment by
pvtinvestorguy on Apr 13, 2020 1:02am
yup History repeats itself... . https://www.newswire.ca/news-releases/darford-agrees-to-enforcement-of-hsbc-indebtedness-and-security-if-alternative-transaction-is-not-entered-into-by-september-13-2012-510697171.html