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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by smallcap87on Apr 05, 2019 8:59am
55 Views
Post# 29586477

RE:RE:RE:RE:RE:RE:RE:RE:Insider Activity

RE:RE:RE:RE:RE:RE:RE:RE:Insider ActivityYes well done. Its highly likely this was a loan as required by the latest debenture financing and NOT a share sale by insiders. That amount of shares would NOT be allowed to be for sale under the lock-up arrangement so there is some other explanation and I think this is it.

Pray4mojo wrote:

Disposition is the technical term that refers to the selling of stock in a publicly traded company in all cases. When an investor sells a piece of equity, he is giving up ownership of those shares, transferring ownership to another investor or organization. Any time a person buys stock on a public exchange, an act of disposition occurs by the selling party.

 

The term can also be used to encompass the sale (transfer) of shares or equity to collateralize a loan with a lending institution. 

It's a shame nobody actually sees these shares "sold" dropping the stock for what they really are. A gift to buy in lower ;)




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