Cardiol Therapeutics Inc T.CRDL

David Elsley Files Early Warning Report for Cardiol

[vikingguy]

Elsley went in to the latest financing for 600k. This thing will fly when the time is right. Cheers and good luck to us longs

[NewFanCBD]

Yup. Ignore the negativity. We know what this company has and the low hanging fruit is right in front of them. These present share price levels will be a thing of the past. People need to do their homework before they jump in here. I think they will be pleasantly surprised. Cardiolis a 10 out of 10 for me and my investment strategies. I'm just going to continue to have great patience, and

[Youhillman]

This sounds a lot worse than what the purpose of the warning represents. When an insider etc acquires more than 10% ownership, they are required to submit this regulatory report, that's it!  Elsley hit this number with the Bought Deal that closed earlier this month, for some reason they felt a press release was required for disclosure. Insiders buying more shares is almost always

[vikingguy]

I personally think is very bullish Youhillman. This was not a "retail" bought deal as you elluded to. Insiders loaded up and probably took the bulk of the deal and now we go up! Cheers

[Youhillman]

I agree it's a very good bullish signal, however the additional share pick up was part of the bought deal, as he and the other insiders would have purchased through the 'Presidents List' process, whereby they don't have to be clients of the firms who are participating in the Bought Deal.  I keep waiting for some other announcements, they were to be made in June but looks