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Valens Company Inc (The) Ordinary Shares VLNCF

Healthcare Drug Manufacturers - Specialty & Generic Cannabis
The Valens Co Inc is a developer and manufacturer of cannabinoid-based products. The company's extraction methods are CO2, ethanol, hydrocarbon, solvent-less, and terpene extraction. Its products are Tinctures, Capsules, Beverages, and Vape cartridges among others. Its reportable segments are Cannabis operations, Analytical testing, and Corporate. The company has a business presence in Canada and other countries, and it generates a majority of revenue from the Cannabis operations segment.


OTCQX:VLNCF - Post by User

Valens Company Inc (The) Ordinary Shares > I'm surprised
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Comment by Capharnaumon Apr 08, 2022 10:16am
113 Views
Post# 34587619

RE:RE:RE:I'm surprised

RE:RE:RE:I'm surprised
Funex4t wrote:

I am deeply concerned regarding statements being made on this bullboard?
If your claim is actually true then why can we not take legal action against them!
I am actually interested to know how this works?  

Can you elaborate on your statement so I can understand how they make money on buying at $2.65 and then shorting the stock. And how everything goes to plan and everyone sells to follow the plan?

Not trying to be smart. Just trying to understand what could be going on?



It's a common tactic that before a bought deal, the company doing the bought deal will short the stock at a higher price. The company doing the bought deal is then certain to make money since they cover their short with the bought deal (which explains why they would use the over-allotment even with a lower share price). They also get free warrants on top of it all.
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