Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Fincanna Capital Corp C.CALI.X

Alternate Symbol(s):  FNNZF

FinCanna Capital Corp. is a Canada-based investment company. The Company is focused on targeted sectors of the cannabis supply chain through direct royalty or equity investments and strategic joint venture partner relationships. It has no active business operations.


CSE:CALI.X - Post by User

Comment by Amputechtureon Feb 20, 2021 11:41am
189 Views
Post# 32618662

RE:RE:RE:RE:RE:Volume Way Up Today

RE:RE:RE:RE:RE:Volume Way Up TodayHi,

Last raised through debentures was at .15$. Fully diluted float will go from 190M to max 210M. Not the end of the world, although it does look self-serving. It's not like this stock's been jammed in the low under .10$ for 2 years because of that. And I'd rather have half of the shares issued in the hands of management, as I don't recall any of them selling a single share since it went public.

The big question is whether or not that money is spent in a good way. Nothing wrong with adding a new royalty agreement/vertical business to the porfolio. I do hope they don't invest in a start-up. Takes way too much time (see QVI, CTI, EzGreen).

There is something else behind the huge volume spike of recent days. Probably new investors coming in, which won't hurt the SP in the medium-long run.
<< Previous
Bullboard Posts
Next >>