THE GREEN ORG.DUTCH.HLDGS Forum: Community User: Tycoon5605

https://seekingalpha.com/news/3704989-the-green-organic-dutchman-inks-sale-and-leaseback-agreement-for-its-quebec-facility The Green Organic Dutchman inks sale and leaseback agreement for its Quebec facility Jun. 10, 2021 8:46 AM ETThe Green Organic Dutchman Holdings Ltd. (TGODF)By: Khyathi Dalal, SA News Editor3 Comments The Green Organic Dutchman's (OTCQX:TGODF) wholly owned Quebec subsidiary Medican Organic entered into a binding agreement of purchase and sale with Cannara Biotech for the sale of the majority of its assets in Valleyfield, Quebec. It includes all industrial and agricultural land, main hybrid greenhouse, rooftop greenhouse, all support buildings and certain related equipment. The processing and manufacturing equipment currently utilized by Medican for the production of its cannabis 2.0 portfolio in the Quebec facility is not subject to the agreement. Post the agreement, the purchaser will have deposited the full $27M into escrow prior to the close of the sale which is scheduled to close on or before June 22. Medican will enter on closing into a lease with the Purchaser, for ~80K sq. feet of cultivation and processing space in the Quebec facility. Additional $5.7M deposit will be refunded to Medican on completion of the transfer to the Purchaser of a utility pricing agreement with Hydro Quebec, to occur along with closing. "This is a major transition point for the company, as we continue to execute our plans, allowing us to significantly reduce our debt while right-sizing our operations in Quebec without disruption. Our balance sheet is being strengthened through the sale of excess assets and the elimination of term debt, and we expect annualized net cashflow savings of ~$4M in interest and overhead costs," CEO & interim CFO Sean Bovingdon commented.

Interessantes Interview! Danke fürs posten Mhe

https://www.google.com/amp/s/mjbizdaily.com/green-organic-dutchman-ceo-sean-bovingdon-talks-turnaround/%3famp=1

Der ganze Markt hat gerade Aufwind, glaube nicht dass diese Entwicklung TGOD spezifisch ist

Hat einer Infos finde nichts was mich jetzt so Flasht für diese Woche

To the moon, 🚀🤣

Was ist denn hier los ? 🥳🎉🍻

🚀

Wunderschöner Wochenchart. Nur noch etwas über 300% 😅😁

🤦🏼‍♂️

wenn hemp poland und Quebec facilities sind weg,Vielleicht tgod ist ein take over kandidat

👆🏻 Das ist das Einzige, was ich von TGOD noch im Depot habe. Ein Mahnmal🤷‍♂️😂

Stimmt. Das steht bei mir auch noch im depot

Was ist eigentlich mit meinen tollen Warrants, die ich damals eingelöst habe, aber im Depot keinen Wert haben? Passiert da noch was damit, oder haben die die Kohlen auf den Kopf gehauen? 🙈