Bzam Ltd (BZAMF)

[Rockhall]

Hopefully a takeover bid or merger then.
We should have done a deal with a big player when we had a nice evaluation, now we either can’t get a deal or the deal would suck.
The best outcome would be for them to get by until their revenue ramps up, then make a deal much later down the line at greatly better terms, hopefully with Whole Foods or something.

When you capital raise over $400 million and your market cap is only $150, build-outs uncompleted, greatly scaled back product estimates, banks saying no, ran out of cash lol (how did this happen, we had so much cash on hand not too long ago, I know buildout rampup, but then right after, buildout rampdown lol) now we have something we were told wouldn’t happen, esp at these prices: dilution, overpaid execs that may or may not have sufficient business acumen. The latest CBD scare by the FDA isn’t helping either.

Let’s face it, this company hasn’t executed well.
Then again, most Canadian LPs haven’t either.

However, you are most likely correct: no lawsuit or bankruptcy.