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Re: tmonkey post# 4730

Sunday, 04/10/2022 2:03:21 PM

Sunday, April 10, 2022 2:03:21 PM

Post# of 4862
Dispensaries might be a good in the long run, but in the meantime we spent 11.5 million to open just ONE.

And now that NoHo is open and selling, more dilution comes into play (it's a drop in the bucket, but the bucket is overflowing).

The Halo common shares for C&B will only be issued upon the completion of two pre-determined performance milestones:

1. 3,216,124 Halo common shares when LKJ11 is licensed by all applicable state and local regulatory agencies and the first legal sale of cannabis is made; and

2. 3,216,123 Halo common shares when LKJ11 is granted a lease extension for an aggregate of 5 years or a new location lease for a term of at least 5 years from the closing date.