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Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > Stone Castle Fund
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Post by HowdyBob on Oct 21, 2019 10:03am

Stone Castle Fund

Bought 900K shares in the $1.25 PP, wonder if they are still holding?
Comment by HowdyBob on Oct 21, 2019 3:53pm
Hope so; they have a few funds that a few could invest when this thing turns.
Comment by crash01997 on Oct 21, 2019 5:15pm
This post has been removed in accordance with Community Policy
Comment by HowdyBob on Oct 21, 2019 7:04pm
yeah I saw that today. without support and new buyers people so inclined can fill their own orders and drop the price. It could drop to 1 penny tomorrow if someone selling 20K worth accidently hit at market. I think the Ammendment licensing the other 5 rooms is darn big news so maybe that will do the trick. 10,000KG per year in RQB's tight run ship is pretty significant. hopefully soon.
Comment by crash01997 on Oct 22, 2019 2:31am
This post has been removed in accordance with Community Policy
Comment by roadster8 on Oct 22, 2019 3:51am
I am currently not sure if the licensing of the 5 other rooms leads to a revaluation. Theoretically, it should be the case, but RQB can only record revenue, if RQB can really sell everything. There are always reports that speak of market saturation and falling prices, while others speak of bottlenecks. I hope that RQB has concluded really good acceptance agreements. Nonetheless, from my point of ...more  
Comment by HowdyBob on Oct 22, 2019 9:48am
yeah it sure is confusing out there with so many companies reporting stock and biological assets but not selling it. Recently I read that 80% of the market is still black market so it sounds like to me there is lots of demand and not enough supply from reading between the lines.  I have no worries there are buyers lining up and revenues and profits beats all. With RQB low cost structure and ...more  
Comment by ashleigh64 on Oct 22, 2019 9:58am
as this company's share price hits 0.20, my question is, how low does it maybe end up before this revaluation? what, if anything, is going to provide support at these levels? - ashleigh
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