Post by
GreenWave85 on Dec 07, 2021 3:24pm
Waiting for The Spin & The BS
Hahahaha. OMG. This company doesn't surprise me anymore. Can't wait for the spin and hard selling tactics trying to convince shareholders that this is Actually a good thing and that "NL is very happy with the position they are in and are very excited about the future." Same BS everytime Recycle, Rinse, Repeat. Do they have a track record of DELIVERING financial results? NO! But hey.... "this time could be different" blah blah blah. They always hint (or sometimes say) that profitability is around the corner. I expect the same tune and forecast that they've always had to countinue. I also predict that by next week they will Pay proactive investor to interview Paul again so he can try to save face, say the right things, while convincing us he's done a fabulous job driving the ship upto this point.
Comment by
shneps on Dec 07, 2021 6:23pm
I do have to say that if the anticipation of closing quickly was based on people, like myself that wanted to participate, but I can buy cheaper on the open market. Hum, maybe the advice we received was poor.
Comment by
Soopyspoon73 on Dec 07, 2021 4:27pm
Glacial gold it took 2 years for them to launch a vape pen companies came out of the wood works with vape pens flooding the market Nextleaf is behind and the ip is not that valuable it's based on a basement project built by Ryan ko he patented Hes invention
Comment by
lscfa on Dec 07, 2021 4:21pm
"The Company intends to use the net proceeds of the Offering for the procurement and delivery of its cannabis products to various provincial markets nationally, for the partial repayment of principal and interest on a senior secured convertible note of the Company, for general and administrative expenses and for working capital and general corporate purposes."
Comment by
shneps on Dec 07, 2021 6:33pm
Question is - "In what proportion do they intend on utilizing those proceeds?"