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What a turd, got out this AM
Not in one of the sexy categories, if it was ev, fintech or cloud based computing it would probably have taken off by now. My opinion is this one will be more of a slow and steady mover.
Not for long ????
They bought a loan that pays 14% yearly and matured march 2025. They also get royalties which are listed below.
Pursuant to the terms of the Senior Loan, Zenabis will also pay Sundial a royalty (the "Royalty") based on quarterly sales revenue from its medical, recreational and wholesale cannabis lines net of value added or sales taxes ("Net Cannabis Revenue"), which will be payable each fiscal quarter as follows:
(i) 3.5% of Net Cannabis Revenue where Net Cannabis Revenue
does not exceed $25
million;
(ii) 3.0% of Net Cannabis Revenue where Net Cannabis Revenue
exceeds $25 million but
not $30 million;
(iii) 2.5% of Net Cannabis Revenue where Net Cannabis Revenue
exceeds $30 million but
not $37.5 million; and
(iv) 2.0% of Net Cannabis Revenue where Net Cannabis Revenue
exceeds $37.5 million.
The Royalty is payable for 32 fiscal quarters and is payable for quarters in which Zenabis accomplishes certain Net Cannabis Rvenue targets and maintains certain debt service ratios. If those targets are not met, the Royalty is not payable for the applicable fiscal quarter but the term of the Royalty is extended another fiscal quarter.
Hallelujah my 5 1/2 million shares got bought
Looks like they have till Dec. july 9th filing
Most states will need tax rev due to all the shortages due to covid......gambling and MJ are quick ways to get more tax rev, imo states will expedite legalizing of both.
Cant find any new info from the last vote....any knowledge of what is going on here?
Id love to see tilray come in and buy nugs outright.
Sorry should have said looks like only owners........
Doesnt look like only owners of the stock can trade it right now, at least on TD. Neither symbol shows up yet
I just bought warrants on td and was not charged
Bought yesterday, should have bought today, added after hours at 2.30. Getting my popcorn ready
Is there a date yet for merge to be official?
I was able to sell my warrants today, surprised me at 4.32.
Htz is getting delisted jcp is already delisted and trades on the otc. Very few Otc stocks are available on robinhood and jcp is not one of them last I checked..... do u just make this up?
TD updated the cusip to OLENW in my acct, hopefully something shows up tomorrow
Where did u hear that? TD told me they dont have instructions from the company yet
How long did it take vtiqw shares to switch over to nklaw after the merge?
I believe its 30 days from merger date so 7/11/20?
Anyones warrants showing up? Mine are not tradeable yet.
Does anyone know if the shares have to be held a certain amount of time once converted?
Any proof of the rising share count?
I kindly asked to know when we can expect an earnings report.
Its cute that u think management looks on here.
Been a while since we had pre market volume.....hopefully a good sign.
Bid seems to be slowly creepin up ????
Partial fill at .0019, lets see if I can recoup some of my losses from earlier this year. Thankfully I took my loss at .02 earlier
Lets see if the industry momentum helps out NUGS today.
Are earnings due this month?
They tweeted b4 both of the last 2 pr’s
They moved it out a week
Delayed for another week....???????
Earnings today?
Good luck to all here I had enuff and took my loss today....better places to put my money
Is disappointing for sure
Predictions for today?
Wish I had some free cash :(
I bought a small position yesterday also, added a little today
Opened a small position here today