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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Labs vs Hexo
View:
Post by Hound2010 on Feb 03, 2021 10:17am

Labs vs Hexo

So prior to acquisition Hexo had an opportunity to see the books, and all contracts. You cant complain what new strike paid Labs for the bulk.
Comment by allibabba on Feb 03, 2021 11:29am
I agree that LABS should win the suit hands down .  However, this will not improve their current financial situation because it's still in their financials as receivables.  It will only avoid it from getting much worse.
Comment by alleyesonme on Feb 03, 2021 11:51am
Of course it will improve their financial situation. 10 mil from the suit is 10 mil they currently don't have. It's 1/10th of their market cap. Big volume today. Short selling? Oz news continuation?
Comment by allibabba on Feb 03, 2021 11:54am
It's already on the books.  It's not going to add 10 million, it's only going to prevent them from writing down 10 million.
Comment by Righttothetop on Feb 03, 2021 12:12pm
See what the board can become if people all approach it as positive info sharing....well done all.
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