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Chemesis International Inc C.CSI.U


Primary Symbol: CADMF

"Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia. Chemesis is developing a strong foothold in key markets, from cultivation to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost-effective production and distribution of its products. In addition, Chemesis leverages exclusive brands and partnerships and uses the highest q


OTCPK:CADMF - Post by User

Post by guyf1963on May 10, 2021 12:44pm
122 Views
Post# 33165558

Why expect anything different with CSI

Why expect anything different with CSI
The company has again gone through debt settllement as per the details on the CSE filing below:
 
 
As shown on page 5 of the above link, the company issued  396,913 shares at $0.59 CDN.  as usual, the share price always is under a downward pressure when financing is done, debt settlement or acquisition. You will note that $0.59 is the minimum closing price in the month, another of the "coincidences” per the link below. In my opinion, these  part of the january 2019 share lending agreement to reduce their average cost base due to the RS. This is just my opinion as the info never shows who the party is or are but has to be very close to the company. See link below for the closing price in april showing that the minimum was $0.59
 
 
Financials are due (Q3) in 3 weeks. We will see by then gsrx Q4 and probably Q1. They will likely start the upward movement the week before.  Keep in mind that this quarter will exclude all of natural ventures, all puerto rico dispensaries, caribbean green and all og gsrx. Still think all was delayed til that quarter is released which coukd surprise us, i hope. 

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