# ![@spodniewkant Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1335265630019268612.png) @spodniewkant B

B posts on X about $avntto, $avtbf, balance sheet, business the most. They currently have [---] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.

### Engagements: [---] [#](/creator/twitter::1335265630019268612/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1335265630019268612/c:line/m:interactions.svg)

- [--] Week [-----] -49%
- [--] Month [-------] +251%
- [--] Months [-------] +4,273%
- [--] Year [-------] +1,977%

### Mentions: [--] [#](/creator/twitter::1335265630019268612/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1335265630019268612/c:line/m:posts_active.svg)

- [--] Week [--] -9.10%
- [--] Month [--] +6.30%
- [--] Months [--] +24%
- [--] Year [--] +4.50%

### Followers: [---] [#](/creator/twitter::1335265630019268612/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1335265630019268612/c:line/m:followers.svg)

- [--] Week [---] -0.61%
- [--] Month [---] +1.20%
- [--] Months [---] +5.20%
- [--] Year [---] +39%

### CreatorRank: [---------] [#](/creator/twitter::1335265630019268612/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1335265630019268612/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  42% [stocks](/list/stocks)  13% [cryptocurrencies](/list/cryptocurrencies)  13% [countries](/list/countries)  4% [social networks](/list/social-networks)  1% [technology brands](/list/technology-brands)  1% [travel destinations](/list/travel-destinations)  1%

**Social topic influence**
[$avntto](/topic/$avntto) 32%, [$avtbf](/topic/$avtbf) 31%, [balance sheet](/topic/balance-sheet) 12%, [business](/topic/business) 11%, [$game](/topic/$game) #36, [debt](/topic/debt) 10%, [avant](/topic/avant) 9%, [market cap](/topic/market-cap) #1486, [crypto](/topic/crypto) 8%, [$ogi](/topic/$ogi) 8%

**Top accounts mentioned or mentioned by**
[@ragingbullcap](/creator/undefined) [@nubtraderr](/creator/undefined) [@rodbhar](/creator/undefined) [@aegialeuz](/creator/undefined) [@nestbetter](/creator/undefined) [@markemerritt](/creator/undefined) [@thepoorbg](/creator/undefined) [@atom0w](/creator/undefined) [@tylerwiedwald](/creator/undefined) [@badonde](/creator/undefined) [@latinmines](/creator/undefined) [@gptbioversion](/creator/undefined) [@sportellosprea1](/creator/undefined) [@plumshameful](/creator/undefined) [@realjordancage](/creator/undefined) [@rfabsulous](/creator/undefined) [@robertonaranjo1](/creator/undefined) [@cannacanadian](/creator/undefined) [@nort604](/creator/undefined) [@casperdros](/creator/undefined)

**Top assets mentioned**
[GameCredits (GAME)](/topic/$game) [GameSquare Holdings (GAME)](/topic/gamesquare) [Ethereum (ETH)](/topic/ethereum) [Avantis (AVNT)](/topic/$avnt) [BITMINE IMMERSION TECH (BMNR)](/topic/bitmine) [Cronos (CRO)](/topic/cronos) [Sigma Lithium Corporation Common Shares (SGML)](/topic/$sgml)
### Top Social Posts
Top posts by engagements in the last [--] hours

"@aegialeuz @nubtraderr After reading the full lawsuit Im glad Schwartz is out The new Kenna pay package does a good job of incentivizing [----] performance IMO If you were a 50% honest micro cap executive youd probably negotiate your new pay + bonus targets first and finally get off your ass after"  
[X Link](https://x.com/spodniewkant/status/2013380347883360470)  2026-01-19T22:37Z [---] followers, [---] engagements


"New tax loss season pick up is Gamesquare $GAME Holds $55M of crypto ($45M of which is eth) against a market cap of $40M with no LT debt And it has an esports/media operating business with run rate $70M revenue 40% gross margin and EBITDA positive as of Q4 2025"  
[X Link](https://x.com/anyuser/status/2006793666518765664)  2026-01-01T18:24Z [---] followers, [----] engagements


"Gamesquare $GAME is +20% in the first [--] trading days of [----] As of todays close: Eth value: $50M (15600 eth * $3200) $GAME Market cap: $45M The $70M revenue operating business NFT holdings alts cash still being priced at zero New tax loss season pick up is Gamesquare $GAME Holds $55M of crypto ($45M of which is eth) against a market cap of $40M with no LT debt And it has an esports/media operating business with run rate $70M revenue 40% gross margin and EBITDA positive as of Q4 [----] https://t.co/4tsHuAT3L6 New tax loss season pick up is Gamesquare $GAME Holds $55M of crypto ($45M of which is"  
[X Link](https://x.com/anyuser/status/2008286665249280027)  2026-01-05T21:17Z [---] followers, [---] engagements


"Another 500k shares repurchased at $0.46/share Almost 4% of all shares outstanding repurchased since October [----] $GAME"  
[X Link](https://x.com/anyuser/status/2008546696616440184)  2026-01-06T14:30Z [---] followers, [---] engagements


"Content Creation x Crypto has some legs Maybe Tom feels like throwing a bid at Gamesquare $GAME next JUST IN: The largest corporate Ethereum holder on Earth just acquired a stake in the most powerful content creator in human history. $200 million from Bitmine into MrBeasts Beast Industries. Heres what every analyst is missing: This isnt a crypto company buying brand https://t.co/cmv0XBNYQ9 JUST IN: The largest corporate Ethereum holder on Earth just acquired a stake in the most powerful content creator in human history. $200 million from Bitmine into MrBeasts Beast Industries. Heres what"  
[X Link](https://x.com/anyuser/status/2011953145857921056)  2026-01-16T00:06Z [---] followers, [---] engagements


"Gamesquare President/CEO has a flashy new pay package and should now feel motivated to fix the stock And if he delivers it will actually look like a steal If $GAME is a $82M Revenue and $5M EBITDA business with $50M+ DAT holdings it wont be a $42M market cap for long $GAME $GAME Leadership Change: GameSquare Holdings Inc. appointed Justin Kenna as President effective January [--] [----] alongside an amended employment agreement guaranteeing a $660000 salary and potential bonuses. https://t.co/Povts6eklV $GAME Leadership Change: GameSquare Holdings Inc. appointed Justin Kenna as President"  
[X Link](https://x.com/anyuser/status/2013026926420430891)  2026-01-18T23:13Z [---] followers, [----] engagements


"If Gamesquare $GAME keeps trading in line with its ethereum holdings they can always pull the plug on the DAT and still buy back the operating business at effectively [--] The silver lining to this crypto flush is that it feels slightly more likely to happen #bagholderquotes"  
[X Link](https://x.com/anyuser/status/2017619470970233172)  2026-01-31T15:22Z [---] followers, [---] engagements


"If ethereum goes to zero gamesquare $game is still a $80M revenue / $5M EBITDA business trading at 0.3x revenue Except at current eth price theres $35M liquid assets they can direct to the buyback. than current mcap A once in a career opportunity for a micro cap CEO"  
[X Link](https://x.com/spodniewkant/status/2019442746398740761)  2026-02-05T16:07Z [---] followers, [---] engagements


"@Badonde_ Has a very slight Gamestop feel to it lol. Not that this one needs rescuing. But the share price running up letting the co raise money / cash in warrants and fix capital structure is a funny self fulfilling prophecy"  
[X Link](https://x.com/spodniewkant/status/1880269419160756405)  2025-01-17T15:02Z [---] followers, [---] engagements


"If this gets done points for savvy management plus a better balance sheet makes this thing even more investable for a general audience Maybe even some excess capital left over for a buyback One can dream Each $100K buys almost 1% of the equity"  
[X Link](https://x.com/spodniewkant/status/1886163034839662794)  2025-02-02T21:21Z [---] followers, [--] engagements


"@ragingbullcap Its getting silly they still havent done anything with the cash. Do you think theyre more likely to take a big swing $100M $200M+ and are waiting for the right one"  
[X Link](https://x.com/spodniewkant/status/1886446280433447225)  2025-02-03T16:06Z [---] followers, [---] engagements


"If the big LP shares continue to run odds go up that one or more of these empire builders starts using their stock for M&A Negative for $OGI + $CRON still sitting on those cash piles. The chance to buy dirt cheap is slipping away and theyll just get outbid on the best stuff"  
[X Link](https://x.com/spodniewkant/status/1887515808571457640)  2025-02-06T14:56Z [---] followers, [---] engagements


"Organigram and Cronos shares probably do okay from here but I dont think these guys grow up to be the capital allocators you want them to be $90M for Motifs 5% EBITDA margin business was the best you could do in this market See ya later"  
[X Link](https://x.com/spodniewkant/status/1887515810366689538)  2025-02-06T14:56Z [---] followers, [---] engagements


"$OGI not so exciting to have all that cash if you cant get anything good done with it Its still probably a buy but theres more interesting options out there $100M market cap"  
[X Link](https://x.com/spodniewkant/status/1889322981223985578)  2025-02-11T14:37Z [---] followers, [---] engagements


"I dont really post specific positions but on relative value decisions: Jan [--] when Avant was at all time low and Rubicon had just run from $0.30 to $0.50 I owned no $ROMJ.V $ROMJF Now with $AVNT.to $AVTBF closing at $1.35 and Rubicon back to $0.39 I own more Rubicon Avant"  
[X Link](https://x.com/spodniewkant/status/1893791578679878079)  2025-02-23T22:34Z [---] followers, [---] engagements


"@latinmines I think pain is in the past Any math experiment shows just how the crazy the valuation is If 0.5% of 3Q is C$40M the 0.9% is $72M If mkt says $SGML is C$2B the 0.9% royalty is at least C$100M imo +C$50M cash and thats basically mkt cap today The rest for free + Thacker"  
[X Link](https://x.com/spodniewkant/status/1901776543493292496)  2025-03-17T23:23Z [---] followers, [---] engagements


"$LIRC.to call confirmed tres quebradas close expected today. $50M in the bank - time to put it to work through SIB or new deals $50M + Sigma 0.9% + 3Q 0.9% justifies market cap Thacker alone justifies market cap + [--] other royalties incl Mariana + Das Neves. you see my point"  
[X Link](https://x.com/spodniewkant/status/1902376354416304413)  2025-03-19T15:07Z [---] followers, [---] engagements


"Is $GRUSF $GRIN.cn a no brainer buy here"  
[X Link](https://x.com/spodniewkant/status/1907426500929814948)  2025-04-02T13:34Z [---] followers, [---] engagements


"On cannabis side of things Im liking $GTBIF $CRON $OGI here Scale + cash on hand + ability to deploy that cash (ie low / no debt) in this environment will be king I think did I miss anyone Special mention to $ROMJ.v for hanging in so well to fund the reshuffling"  
[X Link](https://x.com/spodniewkant/status/1907887457443500518)  2025-04-03T20:06Z [---] followers, [---] engagements


"@GPTBioVersion Yeah none of this looks rational. Green Thumb at 4x EBITDA OGI trading like its going under CRON trading like it holds zimbabwe dollars"  
[X Link](https://x.com/spodniewkant/status/1907908248046547148)  2025-04-03T21:29Z [---] followers, [---] engagements


"@Rodbhar Huge news. Wonder what % they will ultimately sell down and at what valuation / stage of development"  
[X Link](https://x.com/spodniewkant/status/1919516252650774748)  2025-05-05T22:15Z [---] followers, [---] engagements


"1) Tricon / Bx own 75% of the [--] Canary projects. Cherry House will be complete [----]. Sell 25% share to Tricon 2) Sell Impacts 50% of Zibi to Unlimited 3) Sell down another 40% of 49O Other than the long game one of these [--] should finally wake up the BV discount $mpct.un"  
[X Link](https://x.com/spodniewkant/status/1939800258529083731)  2025-06-30T21:36Z [---] followers, [---] engagements


"1) Feels like the most likely Q1s accounting would put the price tag of Impacts 25% share of those [--] projects at $50M (hello current market cap already) And that number should rise as Maple House and Birch House lease up + Cherry House reaches completion $mpct.un"  
[X Link](https://x.com/spodniewkant/status/1939800265323954377)  2025-06-30T21:36Z [---] followers, [---] engagements


"@Sportellosprea1 Maybe the conclusion of the DRR review is to create a combined North American resi REIT and both sets of shareholders get to lose their minds"  
[X Link](https://x.com/spodniewkant/status/1939815956781629728)  2025-06-30T22:38Z [---] followers, [---] engagements


"Constant flow of small lots hitting the bid on Impact all day last few days and eventually breaking through lows. On track for another 20k volume day today but did get a $2.50 gap fill Technical analysis on illiquid michael cooper stubs is a good use of time right $mpct.un"  
[X Link](https://x.com/spodniewkant/status/1940820510973276331)  2025-07-03T17:10Z [---] followers, [---] engagements


"@Rodbhar @ragingbullcap @NestBetter Agree by Q4 [----] itll be mainly construction loans moving the portfolio along. I think a path to a reinstated dividend (smaller) is not crazy once you have that + cherry house lease up starts late [----] especially if they sell more % of 49O and use to clean up other pieces"  
[X Link](https://x.com/spodniewkant/status/1944451509519032535)  2025-07-13T17:39Z [---] followers, [---] engagements


"@Rodbhar @ragingbullcap @NestBetter [----] NOI $19M excluding projects in lease-up (weird they disclose it this way) Multifamily quarterly NOI (includes lease-up) has been: Q3: $2.1M Q4: $2.5M Q1: $2.6M MF NOI will be $10M in [----] vs $7.7M [----] still ramping Cherry House to add $5M/yr Path to $30M pre-49O"  
[X Link](https://x.com/spodniewkant/status/1944481209456988512)  2025-07-13T19:37Z [---] followers, [---] engagements


"Impact used to pay $27M/yr distributions pre-2023 then reduced to $11M then paused Over shot it but income was clearly part of the strategy/pitch to investors [----] NOI was $15M [----] likely $25M [----] $30M + Odenak +49O in pipeline with no/minimal equity required $mpct.un @Rodbhar @ragingbullcap @NestBetter [----] NOI $19M excluding projects in lease-up (weird they disclose it this way) Multifamily quarterly NOI (includes lease-up) has been: Q3: $2.1M Q4: $2.5M Q1: $2.6M MF NOI will be $10M in [----] vs $7.7M [----] still ramping Cherry House to add $5M/yr Path to $30M pre-49O @Rodbhar @ragingbullcap"  
[X Link](https://x.com/spodniewkant/status/1944496339775357297)  2025-07-13T20:37Z [---] followers, [---] engagements


"+$14M liquidity coming in Q4 from the already announced 49O deal (10% of $145M) Selling another 40% at that time would likely yield $56M+ (potential for more given development progress) No material capital spend on the horizon that isnt covered by construction loans $mpct.un"  
[X Link](https://x.com/spodniewkant/status/1944518907177411008)  2025-07-13T22:06Z [---] followers, [---] engagements


"If Avant cant put up $10M revenue quarters without stuffing the quarter with off spec (see Q4) they will never win the race against the wall of payables and debt Simple as that $AVNT.to $AVTBF Avant Brands Announces Results for Q2 [----] Read the full news release: https://t.co/A8YofXxlgG #AvantBrands $AVNT $AVTBF https://t.co/GzobfqDtrR Avant Brands Announces Results for Q2 [----] Read the full news release: https://t.co/A8YofXxlgG #AvantBrands $AVNT $AVTBF https://t.co/GzobfqDtrR"  
[X Link](https://x.com/spodniewkant/status/1945235054755467356)  2025-07-15T21:32Z [---] followers, [---] engagements


"@PlumShameful @ragingbullcap @realjordancage The other thing too is amortization on the note. From here its 6.5% less principal to convert every quarter and at a higher rate I think they can do better on the equity from $1.25 vs the 10% interest + principal for rest of term. Letting it rise to $1.50 already costs 20%"  
[X Link](https://x.com/spodniewkant/status/1957081928164646971)  2025-08-17T14:07Z [---] followers, [---] engagements


"And yes its a gift thats been given to them at the expense of previous shareholders but at this stage its a huge tailwind on the path to a net cash $10M+ annual EBITDA business"  
[X Link](https://x.com/spodniewkant/status/1957481347968344097)  2025-08-18T16:34Z [---] followers, [--] engagements


"Cannabis stocks getting [--] minutes of fame off yet another rescheduling rumour just as the bull market ends unfortunately feels just about right NVDA and crypto rolling over into the worst month of seasonality with tariff realities about to hit is not what you want to see"  
[X Link](https://x.com/spodniewkant/status/1961430133350289481)  2025-08-29T14:06Z [---] followers, [---] engagements


"Impact +39% off the lows with [-----] now on the ask at $2.00. A nice position waiting for someone to join the Michael Cooper experience Jokes aside skimming Birch House site looks like very nice progress from Q2 43% occupancy. Just [--] units listed available (of 238) $mpct.un"  
[X Link](https://x.com/spodniewkant/status/1975619845682307122)  2025-10-07T17:50Z [---] followers, [---] engagements


"When Cherry House finishes construction in Q4 the [--] distillery projects (Maple Birch Cherry) will be one of the best new residential communities in the entire city No risk of living at a construction site for tenants at this point and Id expect leasing momentum to continue"  
[X Link](https://x.com/spodniewkant/status/1975619848484102452)  2025-10-07T17:50Z [---] followers, [---] engagements


"$3/share would mean $30M market cap and $35M EV for Avant. IMO still undervalued at that point (1x Revenue and 3.5x EBITDA) Whats interesting for any balance sheet skeptics is the 1.3M warrants exercisable at $3/share which is +$3.9M cash if exercised $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1879959135959281855)  2025-01-16T18:29Z [---] followers, [----] engagements


"Of course 1.3M new shares would be issued too But if the main potential question mark on Avant is the balance sheet that $3.9M cash would address those concerns And I think the stock can still keep climbing after with those risks off the table $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1879959138463281596)  2025-01-16T18:29Z [---] followers, [---] engagements


"Im just a part time squiggly line enthusiast but Ill say this looks like a healthy pullback with a close above $1.00/share Volumes been consistently strong (by Avant standards) since Jan [--] forming a decent looking chart is good to see +85% YTD $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1882176073930252560)  2025-01-22T21:18Z [---] followers, [---] engagements


"Avant Brands posts on Twitter / X have really taken off YTD IMO theres a few tiers to the path for the stock from here depending on how the next few months play out Just one opinion and some imagination on a Sunday night $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1883704396330185039)  2025-01-27T02:31Z [---] followers, [----] engagements


"Scenario 3: The last scenario plays out PLUS the tide turns for cannabis stocks across the board Some combo of US news more international legalization momentum CAD mkt price rebound Takeover offers Expansion projects 10x EBITDA or higher $10.00/share+"  
[X Link](https://x.com/spodniewkant/status/1883704408028086328)  2025-01-27T02:31Z [---] followers, [---] engagements


"I think there are some people on here pulling for a similar meme run like in [----] All Im saying is that kind of move in the share price would still be reasonable and grounded in reality re: fundamentals and valuation It should be an interesting [----] $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1883704409986892077)  2025-01-27T02:31Z [---] followers, [---] engagements


"With no rescheduling in the US and now tariffs ex-North America markets should be even more in focus for cannabis operators with capital ($CRON $OGI others) Im betting on owning the targets vs the acquirers. $AVNT.to $AVTBF isnt the only one but its still my top pick"  
[X Link](https://x.com/spodniewkant/status/1885355022063399394)  2025-01-31T15:50Z [---] followers, [---] engagements


"An earnings beat driven by international revenue Yeah Im looking forward to Avant at the end of Feb $AVNT.to $AVTBF Aurora Cannabis Announces Fiscal [----] Third Quarter Results $ACB https://t.co/447CLtCAnI Aurora Cannabis Announces Fiscal [----] Third Quarter Results $ACB https://t.co/447CLtCAnI"  
[X Link](https://x.com/spodniewkant/status/1887158924672963042)  2025-02-05T15:18Z [---] followers, [----] engagements


"This was interesting from the Aurora $ACB $ACB.to call 1) There is still a ton of money to be made in flower as a product category 2) Having product already on shelves today is a huge advantage given regulatory Whats Aurora gonna spend their $180M cash on $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1888395002964775126)  2025-02-09T01:10Z [---] followers, [---] engagements


"$ROMJ.V $ROMJF deserves a look after this international announcement The things Ive been calling for Avant to do - clean up the balance sheet refi debt - Rubicon has done This is just day [--] for Rubicons intl business but like Avant its too cheap to ignore $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1889337631730774354)  2025-02-11T15:36Z [---] followers, [---] engagements


"Avant is still my favourite name - so much legwork already done in international - licenses partners commercial deals - and we should get a real ramp in [----] And all those balance sheet upgrades are still to come. Tons of potential torque on the name $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1889337634213765124)  2025-02-11T15:36Z [---] followers, [---] engagements


"I didnt think wed see $OGI $OGI.to under $2 (TSX) again but hard to see how you lose here at this valuation Im now positioned Avant - big gap - Rubicon - big gap - Organigram $AVNT.to $AVTBF $ROMJ.V $ROMJF"  
[X Link](https://x.com/spodniewkant/status/1889700899481616653)  2025-02-12T15:39Z [---] followers, [---] engagements


"The upcoming close of BAT tranche [--] might clear the overhang thats keeping $OGI $OGI.to from running Seems today most people looking at this space are in for big swings not 8% / yr and OGI wont go on a multibag run when theres a contractual agmt to sell equity at $3.20"  
[X Link](https://x.com/spodniewkant/status/1890107692578140254)  2025-02-13T18:36Z [---] followers, [---] engagements


"Two things I cant quite get comfortable with on $HITI $HITI.V Why are they borrowing at 12% (2029 maturity debentures) And Why are they tapping their ATM program at all but especially selling 1.057M shares for C$3.15M is a pretty uninspiring avg C$2.98/share Any thoughts"  
[X Link](https://x.com/spodniewkant/status/1890511306832146621)  2025-02-14T21:19Z [---] followers, [---] engagements


"Avant recent outperformance has been impressive YTD: Avant +127% Cannara +55% Auxly +50% ACB +38% MTL +9% Hash -5% Cron -5% MSOS -14% Hiti -22% Rubicon -22% OGI -25% Canopy -36% Tlry -37% Ofc the bounce comes after a terrible [----] for Avant and YTD here is a bit cherry picked"  
[X Link](https://x.com/spodniewkant/status/1891535015244173339)  2025-02-17T17:07Z [---] followers, [---] engagements


"My view is this move has created some interesting relative value questions Its not as easy to keep pounding the table on Avant only I think the stock is still undervalued but Im also taking a closer look at $ROMJ.V $ROMJF and $OGI $OGI.to as [--] interesting names on the list"  
[X Link](https://x.com/spodniewkant/status/1891535017219604841)  2025-02-17T17:07Z [---] followers, [---] engagements


"Its worth remembering Q4 [--] is the Q that tripped up Avant last year While I think mkt conditions and balance sheet are different today the earnings release in [--] wks will be key In the past theyve also given Q1 guidance along with Q4 results so extra attention on this one"  
[X Link](https://x.com/spodniewkant/status/1891535019161620612)  2025-02-17T17:07Z [---] followers, [--] engagements


"All that to say today imo: - There are other ways to get exposure to the same themes that can make Avant a winner (has been true) - With less balance sheet headaches and/or mgmt question marks (has been true) - At similarly dirt cheap valuations to Avant (this is new-ish)"  
[X Link](https://x.com/spodniewkant/status/1891535020818411696)  2025-02-17T17:07Z [---] followers, [---] engagements


"$AVNT.to $AVTBF earnings next week hoping to see: - continued revenue ramp ($8.9M $9.4M $9.6M last [--] q) - OCF and cash generation (need to navigate balance sheet situation without more dilution) - colour on international deals signed last year ramping up - bonus debt refi"  
[X Link](https://x.com/spodniewkant/status/1893764249890996653)  2025-02-23T20:45Z [---] followers, [---] engagements


"$OGI $OGI.to Organigram touching C$1.67 in the same week theyre expected to close a fresh $40M from BAT at C$3.22 Didnt have that on the bingo card for 2025"  
[X Link](https://x.com/spodniewkant/status/1894413266517901543)  2025-02-25T15:44Z [---] followers, [----] engagements


"1/n Avant Brands FY [----] is out The good: $12.1M () Gross Revenue for Q4 is a new quarterly record The bad: Revenue timing no Q1 guidance and cash $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1895608220028453323)  2025-02-28T22:53Z [---] followers, [----] engagements


"2/n We know export sales are lumpy. Im concerned Q4 benefited from highly convenient timing Through Q3 YTD production vs sales: Produced - 9858kg Sold - 8580kg Q4 2024: Produced - 2785kg Sold - 4950kg Im concerned these results are not sustainable for Q1 2025+"  
[X Link](https://x.com/spodniewkant/status/1895608222326931953)  2025-02-28T22:53Z [---] followers, [---] engagements


"@markemerritt I think inventory comment is spot on but ASP also declining q/q for a while. $3.48 $3.11 $2.43. Either the premium stuff doesnt fetch enough they grow too much off spec etc but its a tough trend to paint a different way"  
[X Link](https://x.com/spodniewkant/status/1896403199252443292)  2025-03-03T03:32Z [---] followers, [---] engagements


"@markemerritt Can they eventually figure it all out Sure. Unfortunately the balance sheet makes this a quarter by quarter stock. I think by the time they do the lenders may own another chunk of the company like in [----] or a separate capital raises might be needed to plug a short term hole"  
[X Link](https://x.com/spodniewkant/status/1896403529298038874)  2025-03-03T03:33Z [---] followers, [---] engagements


"Triple Flag paid C$40M for a 0.5% royalty on Tres Quebradas. LIRC can take the C$40M and buy back 12% of everything in its 30+ royalty portfolio Unless current pipeline includes another potential crown jewel (does PMET need more $) Id say time to crank the buyback $LIRC.to Lithium Royalty Corp. Completes Partial Sale of Tres Quebradas Royalty to Triple Flag Precious Metals for $28 million (C$40 million) $LIRC #EV #Lithium https://t.co/TvKgWjnTPR Lithium Royalty Corp. Completes Partial Sale of Tres Quebradas Royalty to Triple Flag Precious Metals for $28 million (C$40 million) $LIRC #EV"  
[X Link](https://x.com/spodniewkant/status/1902719554108731729)  2025-03-20T13:51Z [---] followers, [---] engagements


"@ThePoorBG We really need an update on the advanced discussions re loan facility and liquidity in that Aug 12th PR $13M cash as of Q2 is good +$14.5M coming from 49O. I think () only Quayside is eating cash / equity at this point after 49O so those $ shouldnt disappear over night"  
[X Link](https://x.com/spodniewkant/status/1975640404784554199)  2025-10-07T19:12Z [---] followers, [--] engagements


"Looks like Impacts doing a call this quarter on Nov [--]. Hopefully more to talk about than just fairfax deal Would love an update on advanced discussions re: [----] liquidity facility Seems like 49O demo is underway if you scroll Urban Toronto loan draw / rate lock coming up"  
[X Link](https://x.com/spodniewkant/status/1980661035943227658)  2025-10-21T15:42Z [---] followers, [---] engagements


"@ThePoorBG On first glance the PR looks pretty good. The $15M loan from DAM at 10% with discussions to expand in Q4 is positive. Expand to [--] [--] With that and 49O cash think the fairfax cash option likely will be viable"  
[X Link](https://x.com/spodniewkant/status/1985480984855261242)  2025-11-03T22:55Z [---] followers, [---] engagements


"$GAME share buyback is ongoing. Company has bought back 3% of outstanding shares in the last [--] months To date the buyback has been funded with monthly eth yield ($0.5M/month). CEO has also shared the company is weighing sales of other crypto holdings to accelerate repurchases"  
[X Link](https://x.com/spodniewkant/status/2006793672902521332)  2026-01-01T18:24Z [---] followers, [---] engagements


"On Dec [--] the current CEO stepped into combined Chairman & CEO role & previous chairman is departing $GAME already divested from outgoing Chairmans prior business in [----] (Frankly Media) so this feels like a natural step CEO has been clear about buybacks and shareholder value"  
[X Link](https://x.com/spodniewkant/status/2006793678824812570)  2026-01-01T18:24Z [---] followers, [---] engagements


"@atom_0w @TylerWiedwald Disgruntled shareholder believed some flaky guidance years ago lost $5M trying to win it back in the courts. Not gonna happen. Welcome to volatile micro cap land"  
[X Link](https://x.com/spodniewkant/status/2011962011010171107)  2026-01-16T00:41Z [---] followers, [--] engagements


"@RFabsulous @nubtraderr @robertonaranjo1 @aegialeuz Im glad the CEOs bonus targets have nothing to do with growing the DAT. At todays valuation just plow the crypto into the buyback easiest win for shareholders (including the CEO with $100k bonus riding on share price growth in [----] + the 500k new RSUs he just received)"  
[X Link](https://x.com/spodniewkant/status/2013652527762280724)  2026-01-20T16:39Z [---] followers, [--] engagements


"CAD headed down. How many TSX companies are heavy on exports and also completely dont rely on the US for any business and therefore actually stand to benefit from this I can definitely think of one $AVNT.to $AVTBF BREAKING: Trump has announced he will place 25% tariffs on Canada and Mexico. BREAKING: Trump has announced he will place 25% tariffs on Canada and Mexico"  
[X Link](https://x.com/spodniewkant/status/1885068349362606378)  2025-01-30T20:51Z [---] followers, [---] engagements


"Is every macroeconomic event about Avant Brands No. On this account Yes. Lets see them refinance the 10% convertibles this year then print cash for the next [--] yrs The notes total $5M = $0.5M/yr. Lets leave a few hundred K in shareholders pockets $AVNT.to $AVTBF BMO's economics team revises its outlook for Canada rates amid Trump's 25% tariff. BMO now expects six-straight quarter-point cuts from the Bank of Canada until the policy rate reaches 1.5% in October. BMO's economics team revises its outlook for Canada rates amid Trump's 25% tariff. BMO now expects six-straight quarter-point cuts"  
[X Link](https://x.com/spodniewkant/status/1886163032302088373)  2025-02-02T21:21Z [---] followers, [---] engagements


"Canopy up 20% on no news Im thinking we might be off to the races $CGC $WEED.to $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1887154278592118916)  2025-02-05T15:00Z [---] followers, [---] engagements


"Bumping this in case helpful for others Ive been bullish Avant but Q4 was a thesis killer for me - Jamming 5000kg into one Q is not real growth - C$2.43/g is not premium - Q4 production below [----] kg should have been scaling to [----] - No Q1 guide is the guide $AVNT.to $AVTBF @canna_canadian The last time they put $/g in the PR was Q2 [----] Q2: $3.48/g Q3: $3.11/g Q4: $2.43/g To make this worse Q4 was a terrible production quarter and the lowest since Q4 [--] No Q1 guidance provided no volume to move pricing declining Not what I expected or hoped for - its ugly https://t.co/3Bd1YhVpAy"  
[X Link](https://x.com/spodniewkant/status/1895824556704886994)  2025-03-01T13:12Z [---] followers, [----] engagements


"If youre going to stay invested in this one do it with eyes wide open I dont think the scenario I originally bet on will play out anymore so Im out But when management is busy showing you who they are in real time you should take note $AVNT.to $AVTBF @nort604 @casperdros Certainly one way to put it. Not missing a payment because you hand your lenders equity to renegotiate instead is not quite the same thing So that last convert was with MMCAP. Wonder why that name was left out of the PR and every disclosure since. Any guesses anyone @nort604 @casperdros Certainly one way to put it. Not"  
[X Link](https://x.com/spodniewkant/status/1896544107784540503)  2025-03-03T12:52Z [---] followers, [----] engagements


"$0.2M EBITDA 3% q/q dilution cash + AR vs AP deficit growing q/q. See you in tax loss season old friend $AVNT.to $AVTBF Avant Brands Announces Results for Q3 [----] Read the full news release: https://t.co/0O7MvvBPRy #AvantBrands $AVNT $AVTBF https://t.co/7JwdxopP8y Avant Brands Announces Results for Q3 [----] Read the full news release: https://t.co/0O7MvvBPRy #AvantBrands $AVNT $AVTBF https://t.co/7JwdxopP8y"  
[X Link](https://x.com/spodniewkant/status/1978572594283516281)  2025-10-15T21:24Z [---] followers, [---] engagements


"@TylerWiedwald @atom_0w If you poke around for Reid v Gamesquare youll find the [--] page filing. Theres one site where a free trial lets you download The details mainly show that Lou Schwartz is an idiot. Good thing hes out unfortunate we are paying his legal bills"  
[X Link](https://x.com/spodniewkant/status/2011989023401685380)  2026-01-16T02:28Z [---] followers, [--] engagements


"@nubtraderr @aegialeuz New exec announcements today too. I think we will get [----] guidance released very soon its already in the new Kenna contract essentially"  
[X Link](https://x.com/spodniewkant/status/2013607510469435392)  2026-01-20T13:40Z [---] followers, [--] engagements


"$AVNT.to $AVTBF Feels like nearly the entire sector is catching a bid again but not Avant. Didnt see this coming after back to back record Qs and positive developments on the financing front. Volume has been nearly non-existent ($-wise) relative to the big boys"  
[X Link](https://x.com/spodniewkant/status/1815476474813542770)  2024-07-22T19:58Z [---] followers, [---] engagements


"Id add that during the stocks [----] run Avant didnt start its major move until late January [----]. Others like Canopy $WEED.to started running earlier in October [----]. Lets see if history rhymes"  
[X Link](https://x.com/spodniewkant/status/1815477976739217686)  2024-07-22T20:04Z [---] followers, [---] engagements


"Revenue down Y/Y of course negative on profitability and a large net Debt number And yet this trades at 4x EV/Revenue while Avant sits at 0.5x $CGC $WEED.to $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1821921746011763040)  2024-08-09T14:49Z [---] followers, [---] engagements


"Ugly stuff overall but even one of the worst operators managed to grow international medical revenue 14% y/y $CGC $WEED.to Canopy Growth Reports Third Quarter Fiscal Year [----] Financial Results $WEED $CGC $YOLO https://t.co/HY4cEZkMoa Canopy Growth Reports Third Quarter Fiscal Year [----] Financial Results $WEED $CGC $YOLO https://t.co/HY4cEZkMoa"  
[X Link](https://x.com/spodniewkant/status/1887838013130203451)  2025-02-07T12:17Z [---] followers, [---] engagements


"A few weeks late but the repricing amendments seem to be the lesser of [--] evils for $AVNT.to $AVTBF Better than raising new equity $1.00/share today and the business could hit near $0 net debt in a few quarters But either one = substantial dilution to todays equity holders"  
[X Link](https://x.com/spodniewkant/status/1921212939811369162)  2025-05-10T14:37Z [---] followers, [---] engagements


"Avant Brands meeting day $AVNT.to $AVTBF Waiting for: 1) Confirmation of repricing resolution passing 2) Confirmation of convert holders converting And because its Avant: 3) Either warrant conversion (unlikely) or small equity raise to backstop $1M cash (likely)"  
[X Link](https://x.com/spodniewkant/status/1928474683357245878)  2025-05-30T15:32Z [---] followers, [---] engagements


"1/x. The Avant Brands convertible amendment suggests the holder is interested in becoming a shareholder They pushed for a higher % of the pie and got it There was no change to the debt terms just a repricing of equity conversion for the note + the warrants $avnt.to $avtbf"  
[X Link](https://x.com/spodniewkant/status/1956878588344414346)  2025-08-17T00:39Z [---] followers, [---] engagements


"3/x. Dropping repayments would free up cash and would be material to driving equity value and share price Its a bankruptcy valuation rerate story not a growth story (yet) $1.25 implies something like 2.5x EBITDA. Which still materially lags what other producers trade at today"  
[X Link](https://x.com/spodniewkant/status/1956878597991305251)  2025-08-17T00:39Z [---] followers, [---] engagements


"If you wanted to draw up perfect storm for the stock: cannabis macro + Canadian market improvement + balance sheet transformation Avant would have room to grow again and would be one of the few prime canadian M&A targets with enthusiasm firmly back in the sector $avnt.to $avtbf"  
[X Link](https://x.com/spodniewkant/status/1956878600700912067)  2025-08-17T00:39Z [---] followers, [---] engagements


"If they execute from here that should be the last round of dilution for $AVNT.to. Market Cap 1x Sales EBITDA and CF +ve torque to intl markets balance sheet shored up. Still a standout in the cannabis public markets. $30M for this or $1.5B+ for $weed.to $CGC incl debt"  
[X Link](https://x.com/spodniewkant/status/1777702383524466777)  2024-04-09T14:17Z [---] followers, [---] engagements


"Cannabis momentum is back Avant has had a balance sheet problem not a business problem I think Convert B converts 50% in August to lock $1.25 rest of term Convert A will roll off and this becomes a cash machine 0.3x Revenue 1.5x EBITDA I think were back $avnt.to $avtbf"  
[X Link](https://x.com/spodniewkant/status/1956425279263429015)  2025-08-15T18:38Z [---] followers, [---] engagements


"Nice run up for Avant but if these dominos fall this might be just the warm up As an M&A Target / synergies perspective theres probably $12-$15M EBITDA here What multiple 5x Several Canadian producers trade higher now. So $60-$75M Just $11M market cap today $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1957473773042725147)  2025-08-18T16:04Z [---] followers, [---] engagements


"Convert B can get $3M of equity at $1.25. The stock has already run from $0.70 to $1.08 off of just $150K of volume If the holder wants the equity its an absolute gift and would be impossible to build up a comparable position in the open market $avnt.to $avtbf"  
[X Link](https://x.com/spodniewkant/status/1957481344872698320)  2025-08-18T16:34Z [---] followers, [---] engagements


"It doesnt look like Avant will get the August conversion with share price $1.00 and this tape In theory it can be long-term positive if they can get through this without dilution but now you have to hang on quarter to quarter to see if you get dumped on $AVNT.to $AVTBF"  
[X Link](https://x.com/spodniewkant/status/1961436846845485216)  2025-08-29T14:32Z [---] followers, [---] engagements


"If this turns out to be a gap fill to the high $1.60s and we start the climb to $3+ Ill name my first born [--] Ontario"  
[X Link](https://x.com/spodniewkant/status/1981023829234155837)  2025-10-22T15:44Z [---] followers, [---] engagements


"No idea exactly how Rubicons expansion will pan out but that stock chart is saying itll be wait and see until H1 [----] Does not seem to be interested in breaking out of that multi year range $ROMJ.v $ROMJF"  
[X Link](https://x.com/spodniewkant/status/1984336814577246308)  2025-10-31T19:08Z [---] followers, [---] engagements


"Some of pre-ER Dream Impact selling is probably scars from that massive (but unwarranted) Q2 drop & avoiding potential round [--] Seems set for big move in either direction tmrw Watching for: Liquidity discussions Asset Sales Quayside PBR occupancy % 49O close + draw $mpct.un"  
[X Link](https://x.com/anyuser/status/1985415105064972502)  2025-11-03T18:33Z [---] followers, [---] engagements


"The market liked that Onex deal for about five seconds. On the watchlist. Still sitting at significant discount to investing capital /share"  
[X Link](https://x.com/anyuser/status/1986848216902738370)  2025-11-07T17:28Z [---] followers, [--] engagements


"Death taxes and a couple hundred shares of Dream Impact getting sold at 3:59PM to hit a new daily low"  
[X Link](https://x.com/spodniewkant/status/1986902282110128134)  2025-11-07T21:03Z [---] followers, [---] engagements


"I was almost worried today after the mid day run to $1.50 but was relieved to see $1.44 at 3:59:59. See you tomorrow Death taxes and a couple hundred shares of Dream Impact getting sold at 3:59PM to hit a new daily low https://t.co/QsAYahMnRH Death taxes and a couple hundred shares of Dream Impact getting sold at 3:59PM to hit a new daily low https://t.co/QsAYahMnRH"  
[X Link](https://x.com/spodniewkant/status/1987990120264294668)  2025-11-10T21:05Z [---] followers, [---] engagements


"1x value on the crypto assets + 1x revenue multiple on the operating co would = $120M = a 3x from todays prices A lot of ifs If the business is inflecting 1x could be low. Or not. Eth is 40% off its ATH where does it go next How much stock gets bought back $0.50"  
[X Link](https://x.com/anyuser/status/2006793681823846708)  2026-01-01T18:24Z [---] followers, [---] engagements


"The stock has bounced around its eth-only value for the last few months of [----] as if its just an ethereum DAT when its not However you slice the math IMO the potential upside here is multiples more exciting than the potential downside from current valuation $GAME"  
[X Link](https://x.com/anyuser/status/2006793683857977403)  2026-01-01T18:24Z [---] followers, [---] engagements


"$mpct.un proposing to settle [----] AM fees by issuing converts. Dont love that. This and the $50M 10% loan with Dream not exactly aligned with MPCT equity holders"  
[X Link](https://x.com/spodniewkant/status/2009274556184142183)  2026-01-08T14:42Z [---] followers, [----] engagements


"If he fails = $600K cash and 500k RSUs worth $250K today = $850K If he delivers = $1M cash and RSUs could be worth $1M+ = $2M+ You would hope thats enough motivation Salary is probably too high but the extra equity per year should keep him on shareholders side"  
[X Link](https://x.com/anyuser/status/2013026929545249181)  2026-01-18T23:13Z [---] followers, [---] engagements


"The bonus targets look achievable to me Pro forma H2 [----] revenue was $36M or $72M annualized. Breakeven Q4 EBITDA. $82M and $5M in [----] doable Run the ship continue the monthly buyback sell the non-yield crypto to accelerate buybacks and everyone can win here $GAME"  
[X Link](https://x.com/anyuser/status/2013026931147415584)  2026-01-18T23:13Z [---] followers, [---] engagements

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