VIVO Cannabis Inc. VVCIF

debt and raise

[couver]

the recent comment about the approx 20m in debt coming due in Feb (date?) seems to be the most plausible reason why the sp is where it is

if vivo owes 20m and they only have approx 20m then surely there will be a raise coming correct?

If they can access a debt solution that would be great but they will still need $ to maintain expanion momentum into EU and AUS, the quesition will be how many shares for how much

if the sp is being held where it is then the likely raise will be around 20c (with or without warrent)

any thoughts? 


not looking for someone to rant or rage here, I am genuinely interested in your thoughts, hard to find any discussions about this weed co in the US.

[Schaffhausen]

I would look at this situation like a mortgage renewal. The 20million on hand is like your chequing account and is not the cash you would use to avoid resigning into another mortgage. You woikd want to have this cash so as to not detriment your household liquidity. Therefore to expand on this example lets say you choose to renew your mortgage. When you renew your mortgage your ability to obtain a

[couver]

ya ok I get it, but they are not profitable and eventhough they may be 'soon' they will need money to move the business forward. so you don't see a raise coming? would it not be in their best interest to do a raise while the balance sheet is in good shape? not trying to be combative, just trying to decide if I should try and get my average down now or wait for a better opporunity, I

[YUNGGUN2121]

11. Convertible Debentures December 2017 Debentures In December 2017, the Company issued senior unsecured convertible debentures in the aggregate principal amount of $30,000,000 (the December 2017 Debentures), bearing interest at the rate of 7% per annum and maturing on December 21, 2020. The December 2017 Debentures and accrued interest can be converted at the option of the holder into common

[Schaffhausen]

Hey look, they might already be profitable through Q3, just that we aren't privy to that info until nov.14...with the growth stats on cannabis retail showing big growth and the concentrates market being strongly in VIVOs command. Could be that 20M is just sitting pretty. Cheers, Schaff