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Bullboard - Stock Discussion Forum Avicanna Inc T.AVCN

Alternate Symbol(s):  AVCNF

Avicanna Inc. is a Canada-based commercial-stage international biopharmaceutical company. The Company's scientific platform commercializes over thirty products across various market segments: Medical Cannabis & Wellness Products (RHO Phyto), Pharmaceutical Pipeline and Medical Cannabis Care Platform (MyMedi.ca). RHO Phyto formulary offers a diverse range of proprietary formulations, including... see more

TSX:AVCN - Post Discussion

Avicanna Inc > Mofos
View:
Post by Hopeful123 on Mar 04, 2021 2:53pm

Mofos

Guess you are winning shorting..for now..time will tell.. it is a shitty feeling for me and my long pals..if you want to short at a buck I am interested.
Comment by Russell1 on Mar 04, 2021 5:25pm
Shorting mate? Give it up already. Maybe it had something to do with the raise they just completed 3 months after their prior raise where they stated they wouldn't need to raise any more money. Three months later mate, here we are again. I would recommend you go back and read what I have written on dilution and the money they will need to raise as a "pharma" company, and mate I use ...more  
Comment by Hopeful123 on Mar 04, 2021 8:13pm
The float is still small less than 50 mln..This money was placed at a good price with wts at 1.75..telling the street that it has a good buisness going..I think this may limit any huge upside potential, we may have to accept a 25 to 50 percent upside from here.Yes they did say they will not need any more money at last raise but this gives them good cushion..At the last raise they wanted to do 7.5 ...more  
Comment by Smatteson on Mar 05, 2021 10:47am
You do realize that everytime you write this BS it validates your short position. You used to say this company is a dead duck, death sprial out of funds......now they are dilutive cause they are funded lol. Good luck holding your breath 12 months burn easily now and they will be proftiable 
Comment by Russell1 on Mar 05, 2021 11:00am
You said the same thing three months ago when the last raise closed. Funded until profitable, 12 month runway, on and on mate. Come on now let's have some common sense here
Comment by Hopeful123 on Mar 05, 2021 2:41pm
If we do not close at 1.25 today then we are flucked..We need to restore credibility and show the street that our shares are from a good company. Am I happy at these levels ,absolutely not and I thought we would never trade here after the raise..Guess I missed something and you guys have won..Please keep selling and hopefully it will take the weak hands out..
Comment by Smatteson on Mar 08, 2021 11:07am
so what they raised at a premium to the previous one, its 4 month hold and strategic invetsors with 0 fees paid......its a great raise! they now can execute with more fuel and push marketing and sales.........must be scary for you though, they have access to capital, are funded and are executing, this means you CANNOT cover in those "bought deals" where you typically cover your short ...more  
Comment by Russell1 on Mar 08, 2021 1:35pm
yawn 
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