Delta 9 Cannabis Inc DLTNF

Looming Debt Issues

[Debentures]

Highly leveraged business model 

Debt > Equity and it continues to lose 2-4 mill in real dollars that are non-biological assets. Be extremely cautious here and play it safe.

[golfyeti]

  I have a big favor to ask...could I get you to make your bash-and-buy campaign a little less obvious?  Its so obvious its getting embarrasing...LOL  

[Debentures]

No position short or long positions will be held in Delta 9. Over leveraged business - only saving grace will be a buy-out. If you're expecting gains on organic movement you're betting on dead money.

[Debentures]

I'll add in penny stock land you trade the market not the company. This company has 0 momentum.. why? No one cares about pure Canadian cannabis companies. Over taxed, low margins.. bad taste in investors mouths after the crash.  DEAD STOCK

[golfyeti]

  LOL, I guess we all should thank you for trying to save us from a DEAD STOCK with 0 momentum.  Why would you waste another second of your time here then.  So then 'Bye -Nice knowing ya'  LOL

[Debentures]

I like you viewed Delta 9 as a delusional value opportunity until you dig deeper. There is a lot of fancy accounting that has led to skewed numbers when it comes to net income, gross margins. This is primarily given through the biological asset adjustments.  It's important to share this information to help financial literacy (ability to read statements) No momentum, dead stock.

[Deltauser]

Now I'm curious, If you don't have any DN positions, No long, no short, why are you posting here? Why follow the company at all? If you are just trying to 'educate' us dummies with long positions, surely there is a better forum for that (personal finance blogs, stock trading for beginners, etc.) I like this company. I like their products, I like the expansion (in revenue, store

[theanonymous1]

And I would argue that not all debt is created equal.  A large portion (roughly 1/3) of their debt is nothing more than their future lease payments that are required by International Accounting Standards to be capitalized and reported on the face of the financial statements (rather than as information in the footnotes to the financials).   Yes - it is debt.  Yes - it will