WELL Health Technologies Corp T.WELL

Not As Bad

[Duster340]

as budfoxx would have you believe
MCI that are expected to generate annual revenues of more than $21M and contribute positive EBITDA in fiscal year 2024.

[BudFoxx2020]

So why are they going bankrupt and selling off asset at dirt cheap prices.  Oh that's right you are one of those guys that only read company's NR but never bother to do any real and actual DD.  Do you even know what MCI does or even looked at their financials.  You don't have to answer that, just keep reading company NR and take them as gospel.  Cheers.  

[davgro]

Bang on response.  MCI has been bleeding cash and looking desperately for someone to delay their inevitable bankruptcy. Well has been bailing them out going back to May when they bought their failing Alberta operations.  MCI stock price has plummeted since April when they announced that they were looking for strategic alternatives to prolong their operations. MCI on March 31st

[SunsetGrill]

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[BudFoxx2020]

This post has been removed in accordance with Community Policy