Zenabis Global Inc. T.ZENA

Something is brewing

[Jordantrademark]

I have a feeling something is in the oven here, hoping for some big news soon

[trader059]

This post has been removed in accordance with Community Policy

[Cashtown]

I'm hoping for a massive short squeeze. Hopefully Monday they release something that sets this moving to help entice folks to activate their rights. I had extra $$ I'd take part in the oversubscription too. Good luck all, Cash.

[StoneMan45]

I've got $ now for the extras but I'm pretty sure I won't get the amount I'm asking for...guess we'll see how many investors decided allowing the options to expire was a great idea.

[AL8888]

Stoneman45, I don't think there will be many who just let the rights expire when they could have sold or exercised them, but I guess it still makes sense to request some extras if they are available. What was the process for requesting part of the additional subscription?

[MJVigilante]

you can buy the rights under ZENA.RT

[AL8888]

True, but you can also request to get your pro rata share of the unexercised ones for free by requesting your share of the additional subscription privelege. Why not use free rights to buy more shares for $0.15 if they are available?

[MJVigilante]

i was not aware you had to request them.  I thought they were provided to holders on record.  Sorry.  i aquired mine through the market at 2.5 and 2 cents.  never hit at 1.5

[AL8888]

The initial rights were provided to shareholders of record, 1 right per share. Shareholders who recieved those rights have the option of exercising them, selling them or doing nothing and letting them expire unexercised. Shareholders who have exercised the full amount of their rights are allowed to request extra the shares that expired unexercised. Those shares will be granted on a pro-rata basis

[Scienceguy64]

Thanks Al :-)

[StoneMan45]

if you want the possibilty of aquiring the extras (one that don't get exercises either because the hold didn't want to do anything with them or because some think that the zena.rt are shares and aren't clued in enought to realize that all zena.rt outstanding expire at end of day on the 27. ) With TD I simply tell them the amount extra that I am requesting and if the money is in the

[AL8888]

Thanks Stoneman

[StoneMan45]

no problem. I freeing up a bit just on the chance ...can't hurt to try.

[AL8888]

I agree, I'm going to do the same. 

[Canuck30]

Can I request the extras unexercised rights only after the expiry date of 27th or can I request them now? How would TD know until after the 27th.

[Scienceguy64]

Thx for the info. Who do you request them from though? Your broker?