Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by DashForCashon Dec 03, 2018 9:52am
253 Views
Post# 29053332

Opinion

OpinionI would just throw out that legally closing the transaction after the late October announcement likely will take closer to 8 weeks than the four weeks that has transpired - though they obviously were well on their way to the point of an LOI and the ability to make that announcement. Also, unless you had to, why would you make an announcement in the middle of tax loss selling season? So the faint of heart could grab a penny or two and immediately bail out? Though that may happen anyway in the future, but it is far more strategically beneficial to bail now and get the write off. As for the 10M shares that Nitin can/may/may not earn - I would suspect he did not make that transaction happen if he was not going to earn those options. Though it was not with a "specific Canadian company" one could imagine there was a legal way around that and it may likely be disclosed upon the official announcement of the pending deal. From my point, I would be more that happy to grant them as great incentive for him to succeed. This is the same for the mega options available to the principles of the company we are buying with bonus options at, I believe, 0.23 and 0.34 or close to those numbers - let's hope they get their options to say the least. Read the late October announcement again and draw perhaps a little bit more confidence and patience...if not dump for a song. Cheers, DFC
Bullboard Posts