IDontUseTwi1tter321

Just for support

[IDontUseTwi1tter321 @twi1tter321]

@markemerritt Yes true. selling equity to institutions at a discount at shareholders expense also rubbed me wrong. Managements argument of benefits through better capital stack is hard to quantify. I dont think theyre lying about their reasoning but they can still be wrong. Thx for your answer

[IDontUseTwi1tter321 @twi1tter321]

@markemerritt Yes many shareholders have been extremely upset about this. Big headscratcher initially, dropped almost 35%. However stocks reaction since the buyers were identified seems to provide some redemption to managements decision. VFF has strongest institutional + insider stack IMO.

[IDontUseTwi1tter321 @twi1tter321]

@PeachFinancial You cant back out the cash and not add back the debt. Thats just insane, wtf...

[IDontUseTwi1tter321 @twi1tter321]

@PeachFinancial They dont have $2 per cash in net cash. What you are saying is not correct.

[IDontUseTwi1tter321 @twi1tter321]

@markemerritt Night and day difference in margins & balance sheet between VFF and GLAS... Dont know what he's talking about

[IDontUseTwi1tter321 @twi1tter321]

@markemerritt Thanks for the reply. I'm long VFF on a sizable position so trying to figure out if this means anything... YOLO and more recently MSOS have held outsized VFF position for a long time. I wonder why they are now reducing exposure as margins are now best in class alongside Auxly

[IDontUseTwi1tter321 @twi1tter321]

@markemerritt Thx. Why do you think this is? Overexposure? At some point VFF was 20% of YOLO. It is curious seeing them sell after what I think was one of the strongest quarters in cannabis land