Some US investors are looking for a huge chunk of BLOZF15,500,000 on the bid! So what do they know or believe is going to happen with this company????
To me, this has a Redditt/Gamestop event written all over it because of the amazing potential that Cannabix has for being first to the finishline with a THC breathalyzer.
I'm just a small retail investor who believes that there is a lot of money to be made by the winner of the THC breathalyzer race and the current shareprice is inviting for the potential upside of getting a true working model into the hands of law enforcement and private industry.
Lifeloc BAC manufacturer pushed the $40 shareprice for their blood alcohol breathalyzer and took a short run at a THC model but seem to have given up on their efforts.
They were still @ $1.50 ish last I looked.
Cannabix started with a THC breathalyzer and recently developed a BAC unit to meet the tender for a dual purpose device that could detect 2 vices.
I believe that Cannabix is on the right science to develop the holy grail breathalyzer device that can detect all things that could cause impairment because Mass Spectrometry is the current "go-to" for detecting all kinds of things.
15 million share bid is huge and close to the ask.
glta and dyodd