...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
AGORACOM NEWS FLASH

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.

Hollister large

Hub On AGORACOM / Read Release

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.

 

Share
New Message
Please login to post a reply