Thanks for the summary. I haven't listened to the interview, and probably won't since interviews staged by Q management are done strictly for the purpose of selling shares.
Q has been going to have millions in revenues every year since they came into existence, but regardless of the revenue, they always seem to lose money.
You are correct about the mj market. The news is filled with headlines about how there is an oversupply of product now, and many in the business will be closing their doors because prices have fallen so much they can't turn a profit.
She's leaning towards increasing the AS now, because that is more favorably looked upon than the dreaded RS. But guess what: she doesn't have a choice. Q is just one tick away from being NO BID, so she will have NO CHOICE but to do the RS, and it will have to be fairly steep to leave room for the converted debt to be dumped on the bid and still have a bid.
She hasn't been burned nearly as badly as the common share purchasers....
I wouldn't be surprised to see debt left in Q and any profitable assets stripped (again). After all, debt is its only asset, since it is the conversion of that debt that is bringing in the profits (but not to shareholders or the company).
Have a nice day.