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Fiore Cannabis Ltd FIORF

Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.


GREY:FIORF - Post by User

Comment by Theoneandonly14on May 24, 2019 10:40am
156 Views
Post# 29770918

RE:RE:RE:HALTED pending news!

RE:RE:RE:HALTED pending news!Another great un-educated post! Well done! Do you think you can run a company without capital. The 11,500,000 management shares are an INCENTIVE, which means milestones need to be met. With the consolidation, the issuance of the new shares (of which most are locked-up in escrow), the company can actually do a proper raise, build out facilities and generate capital. It does not matter how many shares are outstanding if they execute and keep producing more product. If you do not like it, then sell and the rest of us are happy to buy. However, when a year from now this is a 10-20 bagger, you cannot say that I did not tell you. This deal was very well structured and creates a large license holder, another proven operator in Howard, and of course INSTANT REVENUE INCREASE. I am not sure how your business works, but the marijuana space is capital intensive, hence why companies like Aurora have almost 1 billion shares outstanding...........Vent all you want, but just have your facts correct before you do.
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