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MustGrow Biologics Corp V.MGRO

Alternate Symbol(s):  MGROF

MustGrow Biologics Corp. is a Canada-based agricultural biotechnology company focused on providing science-based biological solutions for high-value crops. The Company is engaged in developing organic biocontrol, soil amendment and bio fertility products by harnessing the natural defense mechanism and organic materials of the mustard plant to sustainably protect the global food supply. It focuses on the development and commercialization of natural biological technologies and products from mustard seed for sustainable agricultural markets. The Company is providing a natural, organic technology platform with the efficacy of synthetic chemicals that has potential application in multiple global markets. Its technology pipeline includes soil amendment & bio fertility, biocontrol, and postharvest biocontrol & food preservation. The Company is pursuing the adoption and use of its technology in the soil amendment and bio fertility markets.


TSXV:MGRO - Post by User

Post by CashRuson Dec 03, 2021 1:06pm
324 Views
Post# 34195602

Why is this one tanking?

Why is this one tanking?Word on the street is that one seller (maybe from CIBC) with many shares, needs to get out in a hurry.  Perhaps they have a margin call, I have no idea if this is true.
Can anyone confirm this theory or know of another reason why this is getting hit so hard?  
Dosen't seem like a tax loss selling candidate???
Cash
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