Bullboard - Stock Discussion Forum Sunniva Inc C.SNN

Alternate Symbol(s): SNNVF

Healthcare Biotechnology Cannabis

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

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Sunniva Inc > Some details on the latest mess

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Post by sunrize on Dec 04, 2019 10:35pm

Some details on the latest mess

If and a big IF that CannaPharmRX buys the OK Falls property, it will not buy it for 16 million cash.
At best, you can expect 7 million. And you can bet ALL OF THAT 7 million will be gobbled up by Matrix Venture Capital.

Why is the sale a BIG IF? Because Matrix Venture Capital is going to put a lien hold on the OK Falls site. What that means is that the title to the property will not be clean. It means CannaPharmaRX will not close the deal until that lien is released. The only way to release that lien is for Sunniva to pay the 7 million. Read more at the link below:

https://thedeepdive.ca/sunniva-finds-itself-in-legal-battle-over-okanagan-falls-property/

PS: Leith, CFO and Wilkerson washed their hands off the muck that Sunniva is in. Barker too.

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Comment by DIY2018 on Dec 05, 2019 9:20am

Matrix said they did not put OKS as security when lending money. So do not spread fake new.

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Comment by sunrize on Dec 05, 2019 2:27pm

Hey DIY2018: It is quite apparent that English is not your native language. That is OK. But you really need to take some language courses in comprehension. I am not spreading fake news. Get some help in reading yesterday's press release from the company. Do not be the village idiot. Matrix did not put a lien on the OK Falls facility when they loaned the money but they are doing it now. Read ...more

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