Started By
Message

re: Let’s talk weed stocks in this thread

Posted on 8/21/19 at 3:39 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
35574 posts
Posted on 8/21/19 at 3:39 pm to
I just used the number for “stock payable” listed under liabilities and divided by current share price. The way it’s listed on there makes it look like they owe those shares to somebody, not as treasury stock or anything like that

I’m assuming you’re correct on that IF for some reason they followed GAAP (for once), that it is for a variable amount of shares which will be no less than 109 million. Also, that liability went up around 500% since q1
This post was edited on 8/21/19 at 3:49 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 8/21/19 at 3:47 pm to
The SCF says it was issued with the debt …. you know the debt that theoretically doesn't have a stated conversion term but everyone and their dog knows it will be converted…. there are hundreds of millions of CSEs out there, if not in name.

Hell the one note they borrowed in Q1 for $500K already matured... we all know that will settle in equity eventually but folks like Dad can be tricked with no dilution in the meantime.



first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram