Entourage Health Corp V.ENTG

Best Case...

[shenry24]

Maybe they changed the terms of the loan.  I mean, I'm sure it was drafted and set to release BEFORE the stock price actually reached .83.  They probably intended it to be more forward looking to INCREASE the share price, as opposed to but a big barrier on it climbing further.....  Just a thought...

[prested]

Yes Henry, a big barrier to climbing further. Also, doesn't bode well for what is in the next release either IMO. A company that needs to borrow for working cappital rather than, say, expansion, is not likely to be near making a profit. I'm afraid this is very disadventageous to current shareholders and will not be pervieved well. I see us going below the .82 to start with and falling away

[shenry24]

When you put it that way, it's hard to see a positive spin.  Maybe there is enough fired-up Reddit users that will help this soar in light of this, lol. If nothing else, at least raising equity with the shares has eased doubts associated with going concern. And I'll finish on a positive note- the next two years HAVE to be better than the last.

[shenry24]

Da*n, I called it!  lol WeedMD Inc. Announces Increase in Bought Deal Equity Financing to $17.5 Million 10:34 AM ET 2/11/21 | GlobeNewswire WeedMD Inc. Announces Increase in Bought Deal Equity Financing to $17.5 Million Not for distribution in the U.S. or to U.S. newswire services TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- WeedMD Inc. ("WeedMD" or the "Company"

[shenry24]

UGH...NM.  Seen the $1.64 and $1.00 and got prematuraly excited, overlooking the .82. Here's to another crappy holding period.....