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Bullboard - Stock Discussion Forum Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and... see more

TSX:XLY - Post Discussion

Auxly Cannabis Group Inc > It'll be fun to watch
View:
Post by autofocus111 on Nov 22, 2021 3:04pm

It'll be fun to watch

When the IMB debt comes due in a couple more years. I give XLY very low odds they'll be able to raise new debt to pay IMB off. Without another white knight to come to the rescue guess what happens...
Comment by bull_runz on Nov 22, 2021 3:09pm
They'll have so much income now that they can finance their own growth.  This industry is much like mining that way.
Comment by UniqueKitty on Nov 22, 2021 3:48pm
autofocus111, you are soohhhh full of shyte!    Your crystal ball is all fogged UP. You were spewing the same line of BS gloom and doom last year before IMB extended the term of the debentures and made changes to to methods for covering interest.  That reads as a vote of confidence in my book. Just like the banks being willing to make adjustments for AUXLY's  ...more  
Comment by autofocus111 on Nov 23, 2021 4:02pm
Rainbow Kittie I smell alot of doo-doo talk. But hey, you just keep right on dreamin' for that pot o' gold. Fact is IMB's new CEO had no problem cutting back costs on vaping biz that was flailing. I seriously doubt he will accept continued poor results at XLY for more than another year or so. When the debt comes due, if XLY is not showing strong positive EBITDA trends the plug will be ...more  
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