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Bullboard - Stock Discussion Forum Emerald Health Therapeutics Inc EMHTF

Emerald is committed to creating new consumer experiences with distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation and production excellence.

OTCQB:EMHTF - Post Discussion

Emerald Health Therapeutics Inc > Flickering Lights?
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Post by DanielDarden123 on Jun 19, 2020 9:04am

Flickering Lights?

With negative working capital of ~$10M and negative cash flow, time seems to be of the essence. The vendors of Verdlite must be getting antsy as their loan ($8M) gets deferred and the value of their EMH shares diminish. Could some of PSF be up for sale soon? Desperate times require desperate measures.
Comment by DanielDarden123 on Jun 20, 2020 11:09am
If the Company defaults on its obligations under the Convertible Debentures, the holders could foreclose upon the Company's assets securing its obligations under the Convertible Debentures, appoint a receiver and receive an assignment of accounts or pursue other remedies generally available to secured creditors, all of which could result in a material adverse effect on the Company.  (From ...more  
Comment by CrystalGreen on Jun 20, 2020 8:47pm
This post has been removed in accordance with Community Policy
Comment by rrrrrrrrrrrr on Jun 21, 2020 9:28am
Or the debenture holders could take everything and and hand Verddite back over to the original owners to clear that liability.  If you are the debenture holder that is the way you do it.
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