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.