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BREAKING:  Hollister Biosciences Provides Update on Q2 2020, Generated Record Quarterly Revenue of CDN$ 11.5 Million

  • CDN$ 1.375 million in EBITDA
  • Bureau of Cannabis Control officially renewed its cannabis distribution license for the next year through August 2021
  • "We are very pleased with our revenue growth year to date.  Sales of cannabis related products have proven to be resilient throughout the COVID-19 pandemic.  We hope to continue to deliver strong results as the year progresses" stated Carl Saling, CEO.

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Message: 2019 Potential Events

Pretty much everything has been beaten to death at this late stage. 

While the MD&A and financials are due out by the end of July that still leaves 4 days for the company to deal with the renegotiated maturity date on the loan.  I for one would be very shocked if the loan situation is put to be before August rolls around....its the way Resverlogix rolls. 

End of July we should have a better idea as to the outstanding balance, but not how it will be dealt with.  Will they negotiate another extension? 

We don't even know who the lenders are.


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