InvestorsHub Logo
Followers 27
Posts 3829
Boards Moderated 0
Alias Born 12/10/2011

Re: Excalibur13 post# 10816

Friday, 12/13/2019 6:29:27 PM

Friday, December 13, 2019 6:29:27 PM

Post# of 11473
VFF wants control and Emerald is making it easy. They are obligated to buy it, nothing wrong with it because it was sold. The problem is they agreed on a price instead of spot price whatever that may be at the time. There is a bunch of weed being grown now driving the price down due to slow roll out with Government If it gets down to 1.00 Emerald will be responsible for the difference and that will get expensive. If Emerald was getting half the profit they would be fine but D2 is a year out from being done and Emerald has to pay 5 million more I think or around there to complete it and they are burning 5 mill a quarter or so on there own business. They need a lot of cash and its hard to get right now. It will probably cost us 100 million shares if they find the investor. If they don't find money they will loose PSF for pennies. If anyone knows more than on this please share. IR will not return my call probably because he lied to me BIG TIME. GLTA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.