Post by
lou64 on Oct 11, 2024 6:58am
What happened to that 250 million ATM ?
Back in June Klein announces that Canopy was in need of 250 million and the stock was 10.50 plus cad ..... last remember 30 million was the part filling of ATM before the collapse in share price leaving this ATM in LIMBO ... Canopy needed the money for the light bill and corporate affairs and if lucky they'd have some in the kitty to help pay for Wana or or or ... but sadly Klein dream vanished !!!
I see Klein with a new improved brain wave idea of a new REVISED ATM coming at a MUCH REDUCED rate and a MUCH HIGHER rate of " DELUTION " is coming !!
Question will be ... does Klein announce it pre-earnings or post-earnings ?????
November will be a UGLY month for sahareholders