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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

Post by picktherighton Oct 27, 2019 9:59am
197 Views
Post# 30273943

reiterating. reconsider. reflect.

reiterating. reconsider. reflect.In addition to my previous post, I have a few more thoughts I feel like sharing with the fellow shareholders. If you sell your shares right now at 26 cents, you are enabling someone else to lower their average. Look at the following example:

I you sell someone 3 share at $0.26, it will enable the buyer to obatin three rights which can be used to buy 2 common shares.

You sold at $0.26 (3 shares) = $0.78
2 common shares at $0.15 (with exercising three rights) = $0.30

Total average = .216 cents

Do you really think the even with 350 million shares outstanding (assuming the right offering are fully subscribed) Zenabis is not worth .216 cents.

In my opinion, this offering is done strategically to save the company.

Please reflect on the logistics over the next 24 hours before you pull the SELL trigger. Only only you're selling your shares but you are also selling your rights.

I'm urging you because every time someone sells a penny low, that is a penny low of each share I hold in my portfolio.
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