InvestorsHub Logo
Followers 3
Posts 604
Boards Moderated 0
Alias Born 05/02/2019

Re: None

Friday, 10/25/2019 10:38:39 AM

Friday, October 25, 2019 10:38:39 AM

Post# of 5594
this all leads to bankruptcy...convertible debentures, cost cutting, layoffs, the chance of turnaround is very slim and this goes into receivership.

Hexo said a group of investors, including the company's cofounder and chairman, as well as several board members, agreed to buy, on a private-placement basis, C$70 million of 8% unsecured convertible debentures.