RE:RE:RE:RE:ZENA will be over 30 cents next weekmydogchach wrote: Rick Brar, Co-founder & ex-CEO of Zenabis, and other insiders, are done dumping their shares. Rick Brar was dumping his shares (dilutive to share structure and depressing to stock price) and according to my research, still had 23 million shares as of Aug 21, 2019. I think Brar and other insiders are pretty much finished their dumping and I would guess Brar has 0 shares remaining.
Rick Brar had 23,081,000 shares at Aug 29/19 - and hasn't sold any since then.
When and where do you get that he was dumping his shares and what do you base your guess on him now having zero shares? Where exactly do you get your information, or do you just make sh*t up??
Regardless, this isn't the reason Zena sp sits where it is today - and your .30 cent 'guess' is pretty baseless?
Good eveningmydogchach: Brar is no longer on the insider roster as he is no longer involved w/ Zenabis and his holdings fell below the minimum 10% requirement for insider status - which is exactly why the last we've seen of his dumping was August 2019. His voluntary share pooling agreement allowed him to dump approximately 2M shares per month on the 19th of each month, so he should be done by now. Here is the currenty insider roster:
| Individual or Entity | Most Recent Transaction | Date | Shares Owned as of Transaction Date |
*Insider roster data is derived solely from the last 24 months of Form 3 & Form 4 SEC filings.
|
| BENNE (LEO)
Director of Issuer | Exercise of rights | Nov 26, 2019 | 1,146,123 |
| BURNS (DANIEL ALLAN)
Director of Issuer | Exercise of rights | Nov 24, 2019 | 666,666 |
| CATROPPA (MARK JOSEPH)
10% Security Holder of Issuer | Exercise of rights | Nov 26, 2019 | 536,233 |
| HOEKSTRA (JOHN)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) | Exercise of rights | Nov 26, 2019 | 1,577,672 |
| QUAN (VINCENT)
Director of Issuer | Exercise of rights | Nov 26, 2019 | 650,768 |
| SIKKA (MANOJ)
10% Security Holder of Issuer | Exercise of rights | Nov 26, 2019 | 250,566 |
| SMYTH (MICHAEL ALFRED)
Senior Officer of Issuer | Exercise of rights | Nov 26, 2019 | 18,500 |
Here are some other sources that are hard to decipher but certainly worthwhile to spend half-hour or so going through with fine-tooth comb: https://equity.guru/2019/08/30/former-zenabis-zena-t-ceo-flushing-stock-hard-1-million-shares-23-million-go/
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBVO-2700629&symbol=BVO®ion=C https://www.canadianinsider.com/company-insider-filings?ticker=ZENA
https://twitter.com/bhstandish/status/1167267832750587905 https://twitter.com/weedstreet420/status/1167168432338612225