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Bullboard - Stock Discussion Forum Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap... see more

GREY:BLEVF - Post Discussion

Beleave Inc > Shaxon recently started accumulating shares in Beleave
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Post by chrisgoodwin79 on Jan 27, 2020 10:13am

Shaxon recently started accumulating shares in Beleave

Shaxon recently started accumulating shares in Beleave at 2, 2.5 and 3 cents. "My personal opinion, this is the absolute bottom for Beleave. I believe, it’s going to be one incredible year for all!" Don Shaxon

 
Comment by Wallhalla on Jan 27, 2020 12:44pm
This explains why Beleave actually press released this information (and not any of the other key updates we are looking for). They viewed this information as material (or at least felt it could be viewed as material) and announcing it allowed Saxton Enterprises to acquire shares at what they obviously view as being the bottom price.  Best practice would have been to restrict the purchase of ...more  
Comment by TheResurrection on Jan 27, 2020 12:59pm
This post has been removed in accordance with Community Policy
Comment by chrisgoodwin79 on Jan 27, 2020 1:32pm
Beleave doesn't have any cash to buyback shares. Shaxon seems to. And volume has been heavy, over 5M shares Friday, over 1M so far today, when BE has Ave Vol of 500k. Shaxon does want to own an LP. Lets see where this goes.
Comment by Azt3kk on Jan 27, 2020 2:04pm
there are 8 million more buys than asks right now and you're askin "where the buyers are" but yet you have eyes clearly, since you posted the "level 2 quote" Clearly showing a surplus in buyers. Some people, guys probably shorting this stock at 2 cents and losing money
Comment by Eastcoaster16 on Jan 27, 2020 2:19pm
Shaxon has no material information, the company hired him.
Comment by Wallhalla on Jan 27, 2020 2:35pm
Hiring Shaxon in and of itself could be material if it might influence an investment decision of a reasonable conservative or speculative investor, or it could significantly affect the share price. This would seem to be the case as the share price and volume jumped up after the announcement. Therefore, trading with knowledge of tihs information is potentially a violation of exchange and ...more  
Comment by Stalkhouse on Jan 28, 2020 12:12pm
This post has been removed in accordance with Community Policy
Comment by TheResurrection on Jan 28, 2020 12:57pm
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