Replies to post #1620 on Halo Collective Inc (HCANF)

[happyglass]

It could be, I can see that for Aurora with a billion shares outstanding, these guys only have 1/4 of that and I see this arrangement with Hi tide as more of a cooperative win win than dilution. 2 small companies joining forces to mutual benefit in a very weird market. Hi tide wins by having an avenue for their brands in the US jurisdictions eventually and Halo gets a foothold in Canada when no one else can. Pretty neat way to make lemonade of the lemons the weed industry gas been throwing around of late

[Scumbag Fraudsters]

How's that legal?


It's one thing for unforeseen circumstances or gross negligence to ruin a company (Boeing).


But it's another thing altogether for top executives to intentionally act in a manner that is so reckless and detrimental to both the company and shareholders, that it devastates them financially and drives the company to the brink of insolvency.


Anyone tried contacting the company for answers (or excuses)?



I'm still curious how a R/S would affect all the partners who've received shares, including Bophelo.

If they entered into those agreements with Halo during a time in which Halo knew, or should have known, that Halo might need to execute a R/S in the near future but failed to disclose that information, then they'd all have reason to take legal action against Halo.

I don't know jack about stock issuance and corporate deals, but it seems to me that having brought so many other partners on board in exchange for shares valued at recent prices, makes it unlikely or impossible for the company to now R/S and cut the value of those issued shares in half (if that's how it works). Seems like that would lead to some very unhappy partners - partners needed for the future prosperity of the company.

It would be quite a fiasco for Halo to be labeled as untrustworthy and barred from doing business in Africa.