Choom Holdings Inc CHOOF

ACB will not let this die

[Dicksink]

they will use the cover of the pandemic to throw more cash here
- they have readjust their debt such that ACB is on the hook for 20 million
-ACB has sold more stock last week to generate 500 million in cash

ACB will keep throwing money into choom
choom is ACB retail exposure

[wheeler100]

ACB will get their piece in the bankruptcy settlement. No one wants this dumpster fire. No one cares if the cannibis store is 1m or 50k they want knowledgeable staff that can direct them to a product to suite their needs and get on with their day. This high end cannibis branding is a joke and a waste of time and money. It was part of the bogart scam blow cash in high end stores and line his

[Dicksink]

tell me this? why did ACB take a 20% stake in Choom why did ACB restructure debt so about 25 million was cleaned out why did ACB re invest another 10 million during bankrupcy protection if there goal was to collect bankrupcy settlement? why did ACB do a warrent/stock offering to free up 500 million?

[wheeler100]

ACB is sitting at 1.62 with a 425 mill market cap with more dept than you can shake a stick at picking up Choom isn't exactly in their best interest and if I'm not mistaken there is a cultivating and distribution conflict of interest is there not ? This is absolute garbage that we are kept in the dark with no news while all this unfolds. I'd like to see something happen other than it

[JakeVegas]

They have not had an IR for at least two years. They also have not really responded to calls or emails at the best of times ever. They dont G A F about shareholders other than them being the cash cow that kept filling their pockets.

[Luc1979]

Even months ago they never replied they are not the best for the position to ignore shareholders

[wheeler100]

Yep pretty pathetic on their parts. No news, no statements no FA. Only hope is they get taken over by real entrepreneurs and we can all recover some of our investments. If not a learning experience to say the least.

[ggrellette]

Where has ACB been. They watched like the rest of us to our amazement in how this mgt. ran it into the ground. Sadly ACB is struggling at best to stay afloat and some here think they will not let it die. You would think they would have stepped in long before this debacle occurred. Maybe they were going to step in and got talked out of it by Corey and Chris.