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Bullboard - Stock Discussion Forum IM Cannabis Corp C.IMCC

Alternate Symbol(s):  IMCC

IM Cannabis Corp. is a Canada-based medical cannabis company. The Company operates in Israel through its commercial relationship with Focus Medical Herbs Ltd. (Focus Medical), which has a cultivation license to breed, grow and supply medical cannabis products in Israel. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centres and logistical hubs in... see more

CSE:IMCC - Post Discussion

IM Cannabis Corp > Insider Gabay Still Selling....
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Post by steveM45 on Feb 12, 2021 4:15pm

Insider Gabay Still Selling....

I guess E-Wave and their other business ventures are not as succesful as they claim?

Why else would this guy be selling these tiny amounts just before an uplisting? Maybe he doesn't see much potential above the current price? 
This brings doubt on anything they say.

IR not getting back to me either. 

Not willing to add under these circumstances. 
May need to dump it if enough volume is on the Nasdaq next week and while I'm still green.
Comment by Badtrader2008 on Feb 12, 2021 10:37pm
Insiders see for many different reasons, perhaps because a short while ago this stock went up four times its value with the past few months and that's with little to no PR. As soon as it gets uplisted to the NASDAQ, just watch for the PR to follow.
Comment by steveM45 on Feb 17, 2021 1:55pm
I know that what's good for the goose is good for the gander so why wouldn't we all sell now too? If Gabay is so desparate for a measly $100k, why can't he borrow if he has any neans to?  He can pay it back in a couple weeks/months when we're uplisted and appreciating in price. That's IF he has no other options.  EWave must not be doing well, so do they actually ...more  
Comment by steveM45 on Feb 22, 2021 2:42pm
Now we know.....from today's news: "In conjunction with these appointments, Rafael Gabay and Steven Mintz have concurrently resigned from the Board." The question remains, how long will he be selling on the open market?  Also, the new board members will need some shares/options too.  Uplisting seems imminent.
Comment by Badtrader2008 on Feb 22, 2021 10:07pm
There we go as you said, Gabay was selling because he was resigning :) I have a lot of confidence in this company and knew there had to some logical reason for selling and not out of fear of future performance. We can breath now lol. Just a few more steps and it's on the NASDAQ and legal rec use is on the horizon in Israel in under six months! Not to mention they are well vaccinated against ...more  
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