Sunniva Inc C.SNN

Out of money experiences

[thetis88]

Benedictus, you could be right and  Sunniva’s new cash could last past
May. But, it’s very hard to see in my humble opinion ,Sunniva not being taken over by the owners
of the California building, sometime in the early summerr of 2019, when they will 
be down to what  me thinks is their last cent.


What really bugs me is the statement by the CFO on the conference 
call that that they were going through .5 million in cash a month, which as you say 
was complete BS. My guess is that some investors
believed that statement, and bought  their stock on it. Also, the analysts on that
call never challenged that statement.

Also,, you are right that the debenture deal is far better for investors 
with  management participating , but It could be
that in order to  sell these debentures, Managemnt participation was
required. I don’t  known of course, but,I didn’t see insiders jump in and buy when the
stock was down to 2 dollars, whereas non management investor groups
were screaming it was the buy of a life time .

Last, we should have a contest.

It’s been about three weeks since  the first press release on future sales of Sunniva
Branded Products was put  out. It says on Jan 4 th , if I am reading It correctly, that delivery 
and sales commenced this week for  flower .I find both of these press 
releases very confusing.,but they did do their work, and jazzed up the stock price,

The contest would be simply who can be the first 
to identify the retail store, the product, and the price of a Sunniva 
Branded Product in California sold by a retail store. We 
There must be hundreds of California investors in the Discord group,
so I would expect them to win this easily.
As the press release seemed to say, sales started week of Jan 4 2019
so it must be an easy find.

[NoMansGhost]

There are no Sunniva products currently on store shelves. A lot of people seem to be getting this confused, probably due to the title of the press release, but I'm not sure it's Sunniva's fault since it clearly states it in the first sentence. Here is the exact quote from the first sentence of the press release announcing the initial $2.4 million "

[thetis88]

No mans ghost - great name by the way-If you read  further down in the Jan 4 th press release on sales. it says quite clearly, and I quote .... Flower: various sized packages (initial delivery and first sales commenced  this week) end quote. As  press release was dated Jan 4 th and the wording was very specific .. they said sales commenced this week- not sales  WILL commence

[NoMansGhost]

Wow, great catch! I read that part when it was initially released, but then completely disregarded it like a fool until you just pointed it out. You're right, the flower should be on a store shelf right now unless it sold out. Either way, someone should've purchased it by now.  

[SwingTrader149]

Thanks for pointing that out - I imagine a lot of people (including myself) had to read that twice because the first time it seems like there products are avalaible.