RE:King Cannabis Irwin Simon Ahead of his Game"No real concern here" - other than that Tilray stock will trade at a new all time low today. Salvage97 has likely lost 97% of his money - all invested in marijuana stocks that he shamelessly pumps and warns about the dreaded shorts stealing your shares. Look at any three year chart of companies he posts about - they are all down dramatically. He is one broke, desperate soul who is up to his eyeballs in losses. Sad.
Savage97 wrote: This offering is not one of common stock, which triggers actual dilution of the stock shareholders own and/or trade. Other than interest payments, Tilray will not be obligated to pay back this money until 6-15-27 (four years) and the stock being issued to the institutional investors will not be convertible to common stock prior to that date unless the price moves above 130% from the price at the time of the offering, which I believe was $2.39 -/+ Therefore - no real concern here unless we do not see close to $5 before the conversion obligation date of 6-15-27.