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Bullboard - Stock Discussion Forum
Sunniva Inc
SNNVF
Healthcare
Biotechnology
Cannabis
Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.
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Bullboard (GREY:SNNVF)
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(49)
•••
RYGnews1
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Post by
RYGnews1
on Aug 29, 2019 4:27pm
SUNNIVA INC. ANNOUNCES Q2 2019 FINANCIAL RESULTS
GLTA! https://ryghub.com/2019/08/sunniva-inc-announces-q2-2019-financial-results/
(121)
•••
JMark80
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Comment by
JMark80
on Aug 29, 2019 11:10am
RE:RE:RE:RE:SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
They're not shares, they're promissory notes (10% annual interest) with 1.11 warrants per unit that have a $.90 USD strike and 24 month expiry. Since when is stock price based on warrants?
(0)
•••
greatwhitehope
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Post by
greatwhitehope
on Aug 29, 2019 11:10am
What to expect !
It doesn't look good for the sale of the canadian asset. They would not have announced this new financing if the sale had closed.
(5)
•••
URLaughable3
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Comment by
URLaughable3
on Aug 29, 2019 9:35am
RE:RE:RE:SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
Depending on exchange rate yes, but no less than $1.30. A positive from the release, 6.5M shares out of 7.5M already went to insiders and initial investors. That tells me they are more than happy to
...more
(433)
•••
AwareInvestor
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Post by
AwareInvestor
on Aug 28, 2019 9:31pm
Sunniva Continues To Spiral With Latest Financing
The downward spiral appears to have continued for Sunniva Inc, who this evening announced its second financing for the month of August. Today’s announcement consists of US$1.5 million being raised in
...more
(299)
•••
TrendSwapper
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Comment by
TrendSwapper
on Aug 28, 2019 8:52pm
RE:RE:SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
Does this not value the stock at 1.33?
(37)
•••
rborhi
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Comment by
rborhi
on Aug 28, 2019 6:40pm
RE:SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
Just brutal, what can you say. I'm staying away until there are clear signs of a turnaround, which is still possible given they've come this far.
(49)
•••
RYGnews1
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Post by
RYGnews1
on Aug 28, 2019 6:16pm
SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
GLTA! https://ryghub.com/2019/08/sunniva-announces-usd-7500000-debt-financing/
(1)
•••
canuckinvestor
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Comment by
canuckinvestor
on Aug 28, 2019 5:41pm
RE:RE:RE:RE:RE:RE:99 cent sale soon!
No because they would dilute shares Unfortunate of the delays but hope this is rock bottom
(0)
•••
CannabisInvest
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Comment by
CannabisInvest
on Aug 28, 2019 4:08pm
RE:RE:RE:RE:RE:99 cent sale soon!
Got out a long time ago, but like to see how this progressed. Writing was on the wall a year ago when IR left, look at stock price since then....
(121)
•••
JMark80
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Comment by
JMark80
on Aug 27, 2019 11:49am
RE:RE:RE:RE:RE:RE:99 cent sale soon!
This guy gets it.
(0)
•••
greatwhitehope
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Comment by
greatwhitehope
on Aug 27, 2019 11:00am
RE:RE:RE:RE:RE:99 cent sale soon!
If they had confidence in the company, they would have issued stock instead of promisory notes.
(121)
•••
JMark80
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Comment by
JMark80
on Aug 23, 2019 9:29am
RE:RE:RE:RE:RE:99 cent sale soon!
Really? It just means they're confident they'll be paid back in 6 months (with interest). The "free" warrants may never be exercised.
(299)
•••
TrendSwapper
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Comment by
TrendSwapper
on Aug 22, 2019 9:48pm
RE:RE:RE:RE:99 cent sale soon!
It was comforting to see that the CEO and CFO participated in the bridge financing. At that point they know the NR about delays was coming out, so obviously they have strong confidence for the future.
(121)
•••
JMark80
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Comment by
JMark80
on Aug 22, 2019 7:54pm
RE:RE:RE:RE:99 cent sale soon!
I've never shorted sunniva, and I definitely don't act like I'm the Messiah. However, these mistakes were easy to see a long time ago, I have no problem calling out any of the pumpers who
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