Ayr Wellness Inc. AYRWF

Sea=cease

I got clarification on the sea trading order. It hasn’t taken effect yet, but Will once the paperwork is done.

What isn’t clear to me is when they will issue this Cease Trading order. Is it if they fail to meet the June 13th date or anytime between now and then, depending on when the have done their paperwork or something? I kind of thought it was happening right away but then it was trading all of Friday.

I think in fact, this is good news from the standpoint as investors that we know that reality has set in with this company and it really has to get. It’s all together. So continuing to be involved in holding shares of a company that just seems to be acting as though there’s nothing wrong when we all know or many of us know that there’s something terribly wrong is worse than having the facts come to light and knowledge that the company is dealing with them because that’s the only way that there’s any chance that we can actually salvage whatever we’ve invested in this company. We also have to remember that the two people that are in the driver seat are interimso what’s coming there?

Somebody asked why it would bounce on big volume (for this stock) yesterday and there would be buyers today. Possibly the news is exactly waht they said and they obviously trying to chart a course to stay viable and the people who are holding them accountable are the debenture holders who they’d love to cut a deal with. What would you do if you held debentures that you already extended for 2+ years and no sooner had the ink dried on that deal, the company that negotiated it went and committed a whole bunch of money to building a grow op on speculation that the Florida vote would pass. And then in August 2024, prior even to that ballot vote your president quit. And then your CFO quit. Maybe people who knew it was going to get halted bought shares yesterday and continue to buy today because they don’t know when the halt is gonna go into effect and they wanna own it going into the announcement that no it isn’t going bankrupt and maybe they have a dealmaybe they have a deal. I’m

I am not sure that this means it’s going bankrupt. That’s not to say that it ultimately won’t. But I think first on its list is refinancing and restructuring the debt which sounds to me like what is the delay here. Remembering that the president resigned last August and the CFO left in February That means the new CEO and the new CFO are left holding the bag about how to move forward. I don’t know ultimately what the outcome is here but they say they expect to have their financials available June 11th or 13th or something like that so… Let’s see how the story unfolds

Don’t understand why it’s trading

Whoops, I didn’t read far enough to see the cease trading order, but that makes sense given their inability to have produced the documents that were required. It’s kind of how it happens in the real world.

OK, so on first blush when I read this, I think it is positive from the standpoint that they are taking their situation seriously enough to be reconsidering everything they always thought which is long overdue. It’s a sign that they maybe are going to be acting like grown-ups instead of kids that have the world in their camp. The writing’s been on the wall for a long time now that the Debt situation with his company needed to be addressed in a real way, regardless of any hopes and dreams of rescheduling or anything else. The senior debebture holders are not gonna just keep extending the due date for their investment without accountability that the company is going to be acting in their very best interest to make sure that their investment is not lost

Pam J

Well, well well. I thought there was something a mess with the delayed earnings. Haven’t had a chance to read the post.