Indiva Ltd V.NDVA.H

Alternate Symbol(s): NDVAF

Healthcare

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products, including dried flower, extract, and edible products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its products include edibles and capsules. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, Fudge Double-Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. It sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.

TSXV:NDVA.H - Post by User

Indiva Ltd > 3.5 Cents

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Comment by nedstar71on Jun 07, 2024 9:17am

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Post# 36077186

RE:RE:RE:RE:3.5 Cents

How many 3.5 cent shares does it take to extinguish just half the debt? Almost 300 million. Add that to the 194 million and you're at half a billion. I just don't see much point in doing a reverse split without getting the share price above a dollar. This penny stuff just reinforces the notion that these stocks are a joke. But you may be right, a 1 for 50 may be a tad extreme as that would result in an almost too low of an o/s. As for clowns, read your past posts on this and every other board and you'll see you more than qualify :-)

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