Post by
Wrywisdom on Aug 29, 2022 2:15pm
Strong Productivity/Revenue+Multiple Structural Improvements
'...we undertook key upgrades to our greenhouse facility to bring more premium products to market over the coming months. We also made significant strides to improve our capital structure, debt and liquidity position during the period. Additionally, with the recent $8.9 million in additional funding capacity from a LiUNA Pension Fund affiliate, we settled the repayment of our unsecured convertible debentures and obtained extensions to our secured credit facilities’ maturity dates for increased financial flexibility.”
Plus soon to be Released Boston Beer Teapot and Irwin Naturals Products.
As indicated above and in the main detailed press release, a phenomenal increase in working capital and a major financial reset as well.
Solid Performance and broad structural Improvements reaffirms the extraordinary ENTG investment opportunity with further demonstrated nil downside and virtually unlimited upside.
Comment by
Nicksonsnowboar on Aug 29, 2022 2:46pm
Yep, more excuses as it fades into the sunset. Lucky it sitting at .05 . That probably because most shareholders are seeing this as a loss liter. No newbies are buying as volume would indicate.