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Msg  6356 of 7301  at  11/5/2019 9:35:57 AM  by

Riskyinvestor


GH's next move?

 With the growing likelihood that this year's hemp crop is toast, TURV finds itself without a revenue source.   Given the ST debt obligations they have used to finance ongoing operations, it look to me like they will all come due before TURV can harvest a hemp crop.   So the guestion is: what can GH do to finance TURV operations going forward?  I think there are very few choices.  Asset sales or a major financing are the options.  I don't view a major financing that would get the dam built and provide working capital as very likely.  I believe we will find out soon just what unencumbered assets TURV has to sell.  We should also hear soon about the UST Mexico merger.  You have to wonder how many shares will be issued if it closes. The Q3 filing should  have some entertainment value. Until we get the filing or a new PR, there isn't really much to talk about. 


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Msg # Subject Author Recs Date Posted
6357 Re: GH's next move?---------and where is Carl, TTC? nealhugh 1 11/5/2019 1:09:01 PM






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