Bullboard - Stock Discussion Forum Slang Worldwide Inc C.SLNG

Alternate Symbol(s): SLGWF

Healthcare

SLANG Worldwide Inc. is a Canada-based cannabis consumer packaged goods company with a portfolio of various brands. The Company owns, licenses and/or markets five brands, which serve three categories: flower, inhalable concentrates and ingestible. Its portfolio consists of three distinct consumer packaged goods (CPG) brands, one retail brand and a product portfolio of 30 stock keeping units... see more

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Slang Worldwide Inc > Maybe another reason about the selling

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Post by Miroslav2 on Mar 05, 2021 4:51pm

Maybe another reason about the selling

Chris our CEO has also sold shares but only a fraction of what he holds, He bought rights at .35 and sold in the .50's days apart, I understand it's easy money and there might be other reasons why he sold it just doesn't look good to the share holders when insiders are selling especially CEO's... If I'm wrong please correct me.

https://m.canadianinsider.com/node/7?menu_tickersearch=SLNG+%7C+SLANG+Worldwide

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Comment by Seleucus on Mar 05, 2021 5:03pm

Slang's PR is so terrible. Yes, he did sell shares...but also he's only been compensated in shares (no wages), and it's March, which is before April when taxes are due...It would be so easy for Slang to issue a brief statement stating the CEO is selling some shares as a part of his personal tax obligations (whether or not the $ was used for that or not...people would understand ...more

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Comment by Miroslav2 on Mar 06, 2021 11:49am

I agree, they need to communicate more with shareholders about these things... People tend to sell when they see insiders selling but maybe would think twice if this was the case

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Slang Worldwide Inc