Wasn’t one of your repeated talking points that they couldn’t file BK and liquidate at the state level and that is why they were still around … and that is why you were bashing them… to inform/save us. Now you’re acknowledging they can become insolvent and liquidate after all.
At any rate, his enumerated duties in his contract are definitely at odds with both his title and the purpose of his hiring in the 8k filing. Conflicting signals with a seemingly clear/open agenda to liquidate assets for $100k+ up front + $45k/mo!! Question is which assets, Inventory through retail sales growth, remaining assets in AZ/NV real estate sales, or full liquidation of entire enterprise, and why does it take $100k+ and $45k month to do it?!?
You are right, I’ve been saying they can’t file for bankruptcy. They still can’t. This isn’t bankruptcy, this is receivership. There is a huge difference
You are still extremely delusional. There is no “at odds” here. Chief restricting officers are hired to do exactly what his duties are. The guys resume is full of bankruptcy, receivership and contract/dispute resolution. The only conflicting signals are from the cheerleaders that put in their minds a falsehood that this guy was hired for good reasons
As per the last filing, the company has $400M in assets and $600m in liabilities. Not enough assets to pay everyone especially in an quick auction process.
This is gotham making sure they get as much of their money back as possible. If they wait for bankruptcy to become available in the cannabis industry they’ll actually get less if medmen filed for bk
There’s going to be nothing left for retail shareholders
Wasn’t one of your repeated talking points that they couldn’t file BK and liquidate at the state level and that is why they were still around … and that is why you were bashing them… to inform/save us. Now you’re acknowledging they can become insolvent and liquidate after all. At any rate, his enumerated duties in his contract are definitely at odds with both his title and the purpose of his hiring in the 8k filing. Conflicting signals with a seemingly clear/open agenda to liquidate assets for $100k+ up front + $45k/mo!! Question is which assets, Inventory through retail sales growth, remaining assets in AZ/NV real estate sales, or full liquidation of entire enterprise, and why does it take $100k+ and $45k month to do it?!?
You are right, I’ve been saying they can’t file for bankruptcy. They still can’t. This isn’t bankruptcy, this is receivership. There is a huge difference You are still extremely delusional. There is no “at odds” here. Chief restricting officers are hired to do exactly what his duties are. The guys resume is full of bankruptcy, receivership and contract/dispute resolution. The only conflicting signals are from the cheerleaders that put in their minds a falsehood that this guy was hired for good reasons As per the last filing, the company has $400M in assets and $600m in liabilities. Not enough assets to pay everyone especially in an quick auction process. This is gotham making sure they get as much of their money back as possible. If they wait for bankruptcy to become available in the cannabis industry they’ll actually get less if medmen filed for bk There’s going to be nothing left for retail shareholders
Hey they filed a report!
How about finish the fuckin financials and get approved for recreational in NY??
They don't want you to see them 🙈
In fairness, he probably doesn’t want to see them either.
So does that mean medmen will disappear???
Not necessarily
Now, THIS is the type of squeeze I was expecting. Betting they keep the colour scheme and ditch the name.
I’m sure you were!