Post by
YBDYBD on Oct 15, 2020 9:17pm
Aurora Investing MORE into Radient....
"Consequent to this latest decision, Aurora Cannabis will go on to invest around $12 million in Radient Technologies Inc. (RTI.V), a biotechnology company based in Canada. As such, this investment will raise stakes owned by Aurora Cannabis in Radient Technologies from 8.8% to an incredible 19.18%."
https://thecinetalk.com/2020/10/13/canadian-licensed-cannabis-producer-aurora-cannabis-decides-to-sell-its-13-million-stakes-in-the-aussie-pot-stock-cann-group/
Comment by
KingForbes on Oct 16, 2020 4:00am
Waiting on press release. This will have RTI spiking next week!!! Huge news!!
Comment by
bbuddwisserr104 on Oct 16, 2020 7:37am
they were suppose to do that last fall at a share price of 1.72 per sh from an agreement reached in 2018 to bring them up to 19% if i was ceo i would tell them to f off but they have themi by the short an curlys with the msa oh well hope its good for rti in the long run an us
Comment by
bbuddwisserr104 on Oct 16, 2020 8:23am
nothing confirmed on this from what can find out so far glta
Comment by
Frumpster on Oct 16, 2020 9:01am
This post has been removed in accordance with Community Policy
Comment by
Shazam57 on Oct 16, 2020 1:21pm
There is such a large amount of excess pot out there that rti would have no problem procuring more. They also do have 1 if not 2 other suppliers. One of which is cronos. With the contracts they have then I would think it isn't a huge issue as long as they get 1 or 2 more contracts in the coming months. That said I wouldn't be so happy with having Aurora own that much more of rti.
Comment by
KingForbes on Oct 16, 2020 3:06pm
Aurora knows they are going to make a killing of buying RTI at this price.
Comment by
Shazam57 on Oct 16, 2020 4:56pm
Likely they will but I want to know what your other alias is seeing as you joined today lol.
Comment by
KingForbes on Oct 16, 2020 8:03pm
I forgot my password, and when I went to reset it kept saying error so I just created a new one. Been on here 8 years or so.
Comment by
Shazam57 on Oct 16, 2020 9:46pm
Fair enough as that also happened to me. I wonder if that news release about the 12 million will come out Monday. It should spike the stock but by how much is the real question. With the 12 million added to the possible 4 million that should last them for several months.