Bullboard - Stock Discussion Forum 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... see more

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TSX:ZENA - Post Discussion

Zenabis Global Inc. > Interesting

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Post by stakeholder97 on Oct 31, 2019 10:37am

Interesting

I purchased at 0.27$ (undisclosed amount of shares). With the rights when purchased (Monday if available then) my average price will be around 0.245$

The people purchasing now are getting a better deal that I received.

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Comment by NOdillution on Oct 31, 2019 10:53am

Actually, you're getting an equal deal. People buying ZENA today are not elligible for ZENA.RT. Read the disclosures. DO NOT SELL TODAY ZENA holders, wait a week. The banksters know this will pop but they want to do a final "rape of the clueless retail". Think about it, do market players (the bears/shorts/bashers here) want to be short ZENA when it will announce ...more

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Comment by reefercat on Oct 31, 2019 11:36am

On there website they say for questions related to the rights refer to the Oct. 24th release. That release says at the close of business on October 31, 2019. Feel free to provide a link to your so called disclosures.

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Comment by NOdillution on Oct 31, 2019 12:06pm

https://www.zenabis.com/docs/zenabis_rights_offering.pdf and sedar.ca "We understand from the TSX that, due to trading and settlement mechanics which are out of Zenabis’ control, the common shares of Zenabis will begin trading without an entitlement to a right as of market open on Wednesday, October 30, and at the same time, the rights will begin trading on the TSX. Shareholders ...more

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Comment by reefercat on Oct 31, 2019 12:19pm

I'm not short. I bought in today at .24 expecting to get the rights as per there original release. The fact that there website doesn't have the info from sedar is pretty f@cking ghetto if you ask me.

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Comment by SeanPrice on Oct 31, 2019 12:34pm

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Comment by reefercat on Oct 31, 2019 1:18pm

What PR f@ckhead. That's my hole point, they didn't release one pointing out the October 24th one was no longer valid.

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Comment by NOdillution on Oct 31, 2019 1:33pm

Look, the company is under attack by banksters. Financing guys didn't want to pony up the debt money so insiders said "we'll invest $6M of our own cash if other existing shareholders buy in at the same ratio. If you don't want to, sell your rights on the market in November. You'll have three weeks to wrap your head around this COMMISSION FREE funding model. Since the ...more

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Comment by SeanPrice on Oct 31, 2019 1:34pm

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Comment by NOdillution on Oct 31, 2019 12:46pm

reefercat, the info WAS disclosed on their web site on Oct 24th. It's on a PDF slide. People just don't read. Traders don't need to read sedar.ca if they are 100% technical but hybrid traders do. Religiously. And i must confess, if I read better, I would have optimised this a bit. I HATE holding overnight. Knowing the game is how one can hopefully ...more

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