Zenabis Global Inc. T.ZENA

Raising money at .15 causing massive dilution adding

[edrose]

140 million shares to raise only 20 million either sign of desperation or lack of business acumen

[199David]

Seems the incompetent managements have no other better method to raise money but take the avantage of the sharehoders.

[Foxbat143]

199David. I see an opportunity to exercise more than I was given. I purchased ZENA.RT from those running to their foxhole (pardon the pun).  I did not bash but thank those of you who were bashing the $hit out of Zenabis.  I am going to profit from your effort. Think that I am going to follow both you and edrose.  You guys must be rich. I will follow your  footprint.

[Foxbat143]

Not really. I view it as an opportunity. People sold their ZENA.RT, other people purchased them pretty cheap and exercised them.  I actually see it as an opportunity for me. edrose, did you purchase any?  Between us send me a Private Message You are a savvy investor. I know that. You can smell an opportunity whenever it presents itself. 

[199David]

sp may not drop before the expiry of the rights, but after that, who knows, likely further tanks.

[Foxbat143]

Nice line 199David. Some scared shareholders would get scared and sell. Like you I am purchasing. 

[199David]

the manamgement better not let the sp drop before the expiry date; otherwise, their purpose to raise money will fail. After the expiry date, those guys will take care of the sp? who knows. sp may decrease further

[MJVigilante]

that is not what history tells us.  but performance will ultimitily determine the stocks value.

[199David]

Hard to predict Zen will have good performance. Reading the info in Health Canada website, it seems cannabis has been over supplied in the market. Zen's revenue of last quarter decreased a lot, plus huge debt. They desperately need case, but seems they have difficulty to raise money from other sources. Therefore, have no confidence with its performance.