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Ventura Cannabis and Wellness Corp CVHIF

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.


GREY:CVHIF - Post by User

Comment by DiveEstheron Dec 13, 2016 5:04pm
86 Views
Post# 25594606

RE:RE:Tax-Loss Analysis

RE:RE:Tax-Loss Analysis
Hiimehab wrote: So you are saying after Dec. 23 everyone that sold for tax loss selling credit will come back in?


No, what I'm saying is that I anticipate there will be a measurable volume of purchases between Dec 14-23 that may be attributable to individuals re-purchasing shares of CXV that were sold during the tax-loss peak [Nov. 14-23]. I believe that a statistically relevant number of shares were sold strategically to incur tax-loss benefits in early November, peaking Nov. 14-23 (as I pointed out with higher volumes). Many of these sellers did not “dump” their CXV shares with the mindset or mentality that it was lost money. Many sellers still believed in the company and the inevitable rise in the share price. Astute sellers recognized the opportunity to realize the benefits of the tax loss without necessarily losing out on their position (at the “bottom) because there was no expected catalyst for upward share momentum between Q2 and Q3 results. Accordingly, I was able to re-acquire my shares at 0.105, rather than say the stock lifting off and trading at 0.20 and then re-buying in.  I get more benefit from the timing of my sale (tax loss) and re-purchase (capital gains -- to be realized at 0.20-0.30).

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