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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > huge debt, declining revenue, overvalued assets..
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Post by MirrorWorldMan on Oct 13, 2016 6:16pm

huge debt, declining revenue, overvalued assets..

$350 MM in new cash, delayed Cinvin instalment, new BoD member. Smells like we are buying time to breath and prepare for new launches, acquire new products, ladies.   There is strength with product diversity. Time for a new business model. Sell generics at fair prices, be sole provider of drugs at a fair price to treat rare diseases. Offer packaged pricing deals for a bag full of generics under Contract with 3rd party providers and govt health service. Higher market share with fairly priced products. Sounds pretty unstoppable. via more pills per prescription. Just loaded up again. I will have another million dollars with my current share count at 2015 prices, lol. Oh and btw shorty. No new share offerings or private or placements to your pirate equity. Nor did I see new options or warrants to anyone. Pleasant. All shares at this point have to be purchased on the open market. Fact.
Comment by PROtrading on Oct 13, 2016 6:19pm
Clown of HouseofMirrorMan, the title was good, the body of you post was garbage again! ;-) LOL
Comment by YOLO77 on Oct 13, 2016 6:21pm
This post has been removed in accordance with Community Policy
Comment by PROtrading on Oct 13, 2016 6:28pm
Are you guys completely stupid or you're just playing the part really, really well? Of COURSE the markets aren't buying the news about the cash, it's provided to Notes holders who now have priority over the bondholders!  Bond holders are just waking up going, YIKES there won't be anything for us!  The assets are in Barbadoes and the debt is in Canada???? All you longs ...more  
Comment by rad10 on Oct 13, 2016 7:33pm
I think that is more to do with the unsecured bonds shunting down the pecking order in the capital structure with a first lien secured issue.  I was skeptical they would find a lender - but I am sure the holder of the new notes is near and dear....................  
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