CV Sciences Inc (CVSI)

[GE_Jim]

Well, you posted “We have retired all of our outstanding convertible debt which strengthens our balance sheet and helps us with our long-term strategic initiatives,"
Well, yes, it’s better, still have the short- and long-term debt, but no longer the conv. Also, there is still those notes.
You may wish to look at the balance sheet yourself.
CV SCIENCES, INC. CONDENSED BALANCE SHEETS
Accumulated deficit neg 85 million.
Explanation
If the balance sheet deficit does represent a serious financial problem, there are steps the company can take, such as borrowing money or selling shares. The shareholders are safe, though. At worst, they lose what they've invested, but they're never liable for the company's debts beyond that. However, that doesn't mean they'll be okay with it.
Your going to need a lot of lipstick for this one if you think they don’t have problem with it.IMO