Replies to post #3024 on MedMen Enterprises Inc (MMEN)

[JohnCM]

1/12/2021
The Company has been advanced an additional US$10,000,000 in gross proceeds (the "Third Restatement Advance") under the amendments to the Facility. In connection with the Third Restatement Advance, the Company also issued to the lenders 62,174,567 share purchase warrants of the Company (the "Third Restatement Warrants"), each of which is exercisable to purchase one Share for a period of five (5) years from the date of issuance at an exercise price equal to US$0.1608 per Share.

This company is a trainwreck!!!

[jsnhgns]

You are not wrong. But, many good companies at many dollars have 1b+ shares.

[MIMadman]

MY TD Ameritrade has both Medmen and High Tides at around 440 million outstanding shares...

MADLONG2029