Zenabis Global Inc. T.ZENA

Corrupt management

[Canuck30]

The recent rise to .20 cents was a classic pump and dump. This is basically rinse and repeat time.  Management will make as much money as they can and also the financiers are in the same game to short and then pump. This company will declare bankruptcy only when management completes filling their pockets. The latest offer started with $15 million then upped to over $20 million without any regards to dilution. The people who bought the shares ended up shorting, they've made money on the way down and still have their warrants. In hindsight, they should pump the stock to a higher price, then issue shares and use proceeds to pay off entire debt. Issuing shares at these low prices is very dilutive. Since we're dealing with crooked management, they prefer the low price due to the fluctuations that give them the largest percentage increase. A simple 1 cents price change means 10% return. Monty Sikka and Mark Catroppa are both crooks.

[AUSTIN48]

Agreed ...its all about not giving a sh--t about shareholder value for the common retail investor. In hind sight (cant change the past)i wish i had never bought into this mess. Reached out o investor relations last week still no reply. Cements my belief that this really is a pos.

[predawn]

Iam not defending zena but will say financially they are broke so they had no choice but to sell out 181 million shares at 13 cents the fact it sold out so quick was surprizing  but when it was explained it was a orchstarted short it all made sense but in the end ZENA  lives to see another day

[Silentbull]

Agreed, now is do or die time, better to keep the lights on at whatever cost rather than go bust and we shareholders are left with nothing in that case.  The next couple of quarters are going to be very decisive. we all have already established that the management is full or crooks, cheats and inefficient idiots but it is what it is for now. Do we get to see some turnaround story or does

[buddyboybruce]

Zenabis is currently working with Korn Ferry to look for a permanent CEO (Kevin Coft is interim-CEO). I would recommend Bruce Linton as he checks all the boxes.  Here are two links, one from BNN Bloomberg, and the other from YouTube: https://www.bnnbloomberg.ca/bruce-linton-fired-again-readies-new-global-pot-fund-1.1447688 https://www.youtube.com/watch?v=GmMO1VaiRpU

[bassfishing88]

Would love to see Linton join BUT he would be nuts to join a management team like these misfits .Would you join a corrupt management and ruin your name when you don't need the money?I wouldn't, but we can only hope for a miracle .IMHO

[buddyboybruce]

From the June 19, 2020 Prospectus supplement on SEDAR: "... the Company indicates that it agreed to a strategic consulting services agreement with a business affiliated with Andrew Grieve in October 2018. The Company noted that $892,356 was paid in connection with the agreement in 2019...." No salary but making big bucks through " strategic consulting services"

[AUSTIN48]

Weasle.

[RanjitMajor101]

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[jupitercanada01]

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[Silentbull]

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[jupitercanada01]

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[StocksMaster]

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[jupitercanada01]

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