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re: Let’s talk weed stocks in this thread
Posted on 8/21/19 at 3:39 pm to igoringa
Posted on 8/21/19 at 3:39 pm to igoringa
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
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 on 8/21/19 at 3:47 pm to Thib-a-doe Tiger
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.
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.
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