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Good cause they are paying MEDIF 9.8 mil
MediPharm Labs Awarded Payment Of $9.8M By Ontario Court Of Justice
https://www.otcmarkets.com/stock/MEDIF/news/MediPharm-Labs-Awarded-Payment-of-98M-in-Connection-to-a-2020-Statement-of-Claim-Against-a-Previous-Customer?id=366187
Hexo Corp $HEXO has $14.22 Million in cash. Book Value is at $.81
Canada: Retail Cannabis Market Generated $11 Billion in Sales, More Than 90,000 Jobs.
https://norml.org/news/2022/02/17/canada-retail-cannabis-market-generates-11-billion-in-sales-more-than-90000-jobs/ $HEXO
$HEXO Schumer's legal weed bill is finally here
https://www.politico.com/news/2022/07/21/schumer-legal-weed-bill-00047058
You said it would be over $1.00 by now. It's 0.27
M-O-R- R-O-N
they changed half a dozen CEOs in 6 months, the biggest mistake they made is the acquisition of a co almost costed close to 200m or more!!..
corrupt CEOs must be jailed, there is no question about it, but when companies reorganizing and making progress, one must look into those changes that are being made!....
And keep in mind this stock should be over $33/share just to get back to where it was pre-RS that happened in what 2018?
Sebastian, the CEO lied and told the investors they were on track to hit $400MILLION revenue in the Q3 2017(?) and when the actual sales came in, it was $32MILLION.
He should be in jail.
This company has been bleeding nonstop for years now, it's not even close to being profitable.
you can live that for sure, it is a matter of time for a realization to kick in...!!
There is no breakout, nor is there a bottom.
Hexo lost something like $150MILLION last quarter - they are bleeding steadily and will run out of cash soon. This is heading for an RS soon and they will also need to further dilute.
We aren't even halfway to the bottom yet.
a--h-o-l-e
Breakouts Breakout alert!
Bottom is in, confirmed, here is my alert:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169257170
0.205
Pretty Close
They did an RS a few years back - this stock should be trading at $30 per share if you go back to that value - that's how badly this company has performed. The CEO Sebastian should be in jail for the false statements he made to pump the stock to the sky.
The value shown here is just wrong - they haven't done an RS recently.
However, part of the company announced today they're going into bankruptcy and my guess is it will not be long before this company does yet another RS so they can stay listed. I would expect to see a 20 to 1 RS coming soon.
This is one of the most violent scams ever perpetrated against private investors.
Because the stock quote here on IHUB is showing $2.55
Why do you ask that
Did HEXO just execute an R/S?
19.75 was a good year
0.2566
It'll be at $1.00 any minute now, you watch. lol
0.257
Down and down she goes, where she stops, nobody knows.
0.3
Big move up today! This is a WINNER just like you said!
SHM............
0.2837 U can hear a pin drop in here lol.
Still very quiet. Hmmmm.
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