OTCPK:CADMF - Post by User
Comment by
guyf1963on Jul 15, 2020 11:40am
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Post# 31270831
RE:RE:40 million US offering
RE:RE:40 million US offeringAlways offered at about 25% discount. Look at past PPs. Stock oscillating about 0.10-0.15 above the $0.50 usd now at 0.65 usd. My problem is the warrants at 0.75 usd. In no time, once it gets above $1.50 cdn, you will get 80M shares plus the 5M PP that jyst closed with warrants, plus the 16M pp at 0.305 in january plus warrants. We will soon sit above 110M, the float before the 10:1 reverse split. Who will benefit from those cheapies, certainly not retail investors that bought before the RS. Average cost base per the offering document posted on the OTC in may, is $1.56 or now $15.60. Lol. Great job specially after reading the february 2019 share lending agreement between the company, 2 of their consultants and the 2 US funds.