VIVO Cannabis Inc. V.PDA

RE:RE:Ken Clement has us all by the ....

[rusty777]

Good Questions  Hempminister.

I can't answer most of these - I doubt anyone can.  Suffice to say I am not convinced it is all one person selling - probably more.  One must remember that insiders and ex-insiders hold (or held up until a few months ago) over 50% of all shares so, in answer to your one question.....yes they can certainly hold back this Giant.  (een if they are only responsible for 50% of sales and they want to keep 50% of their shares that would suggest that they have over 50 million shares to unload at perhaps 200,000 - 500,000 per trading day - the math suggests this could be held back many months.  And no, most companies do not give 5 - 8 individuals overwhelming shareholder control of the price of the shares.

As for motive...well I don't really think it is really nefarious (but for some that's just an aded bonus) but rather its plain greed...they want their $$ and they want it now (bird in the hand and all that) and given the enormaty of the number of shares they have (some in excess of 25,000,000 - selling them for 80 cents now and getting 20 million or holding and running the risk of it going down (or up) 10 - 20 cents just doesn't matter in the long run.  Its just the simple fact that a few folk control the majority of the shares so the retail market bends entirely to their whim.

The floor does seem to be around 60 - 70 cents for the time being.  It will be interesting to see the effect of the year end report and sales as well as the amount of remaining cash will have on the share price.  It may bode well or, if they have eaten through the cash and the sales, (as has been obliquely suggested by the present CEO) are not what some anticipate - it may bode very poorly.  It all boils down to how much trust you have in management.

A lot of the above has evolved over the past 12 months.  I would suspect that many (myself included) would probably not have invested in this company had we known the extent of insider, and past insider, behaviour (whatever their motives) would have on this investment.  For the time being anyway, this appears to be a  stock to play rather than a stock to hold as an investment for the long term

Hopefully we will be pleasantly surprised in a few days.

Cheers

Rusty