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Bullboard - Stock Discussion Forum Eureka 93 Inc LXLLF

Eureka 93 Inc is a Canada based company involved in hemp cultivation and CBD extraction operations in North America. The product offerings of the company include Wholesale CBD Products, Full Plant Extract and Isolate Powder.

GREY:LXLLF - Post Discussion

Eureka 93 Inc > 72 million shares oustanding
View:
Post by bullmarkets on Jul 22, 2019 9:41am

72 million shares oustanding

with a bunch of cheap paper.  they have no licenses -- does the montana facility even exist anymore ?  i heard it was gone.. moved.
Comment by lscfa on Jul 22, 2019 9:45am
    At June 30, 2019   Common shares 73,138,424   Pref shares 3,604,744   Options 6,589,936   Warrants  ...more  
Comment by bullmarkets on Jul 22, 2019 9:51am
thanks..  its garbage.. they burn 1 million a month and have a bunch of debt due.  which means more dilution coming.. 
Comment by StocksOfFun on Jul 22, 2019 10:57am
The facility is gone and there’s no sense in just posting things that aren’t even true. I know you’re frustrated and I’m sorry... but making unfounded statements helps no one
Comment by StocksOfFun on Jul 22, 2019 10:58am
I meant to say the FACILITY ISNT GONE... and the one in New Mexico there too
Comment by bullmarkets on Jul 22, 2019 11:01am
how do you know?   they have lawsuits for over 8 million in the state.. and the inventory they have on the balance sheet is ZERO not 22 million.   so what would scum bag management do ?  leave the state.. 
Comment by StocksOfFun on Jul 22, 2019 11:03am
I know because I know people who go there regularly. It’s up and running and functional. And again... you’re making unfounded statements. It helps no one
Comment by bullmarkets on Jul 22, 2019 11:07am
why would you support a bounce of crooks?  the sooner everyone dumps and gets out of this DOG the better.  its going a lot lower.. 
Comment by zen2twenty on Jul 22, 2019 7:06pm
It helps his agenda
Comment by bullmarkets on Jul 22, 2019 11:04am
the reason for the original deal was that there was 400 million of crop value ( lie)..  where did all that go?   now its 22 million .. but really its close to nothing..  the whole pitch was montana.. now they are in another state, because they are getting sued. anyway with all the debt, they are pretty much F$#k ...
Comment by StocksOfFun on Jul 22, 2019 11:06am
They’re in another state to add to production and increase capabilities, but they didn’t leave Montana. It’s still in operation
Comment by zen2twenty on Jul 22, 2019 7:04pm
Management believes that the Issuer’s current assets of $36.9 million are sufficient to timely service the near-term debt obligations even if the holders of the secured convertible notes do not convert to equity. The Issuer’s current monthly cash requirement to continue operations as presently conducted is approximately US$1.1 million. Based on recent production and sales activities ...more  
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