OTCPK:CADMF - Post Discussion
Post by
guyf1963 on May 10, 2021 12:44pm
Why expect anything different with CSI
The company has again gone through debt settllement as per the details on the CSE filing below:
As shown on page 5 of the above link, the company issued 396,913 shares at $0.59 CDN. as usual, the share price always is under a downward pressure when financing is done, debt settlement or acquisition. You will note that $0.59 is the minimum closing price in the month, another of the "coincidences” per the link below. In my opinion, these part of the january 2019 share lending agreement to reduce their average cost base due to the RS. This is just my opinion as the info never shows who the party is or are but has to be very close to the company. See link below for the closing price in april showing that the minimum was $0.59
Financials are due (Q3) in 3 weeks. We will see by then gsrx Q4 and probably Q1. They will likely start the upward movement the week before. Keep in mind that this quarter will exclude all of natural ventures, all puerto rico dispensaries, caribbean green and all og gsrx. Still think all was delayed til that quarter is released which coukd surprise us, i hope.
Be the first to comment on this post