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Maple Leaf Green World Inc. N.MGW

"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."


NEO:MGW - Post by User

Bullboard Posts
Comment by Veteran1on Aug 12, 2009 3:19pm
358 Views
Post# 16213106

RE: News...

RE: News...
Great News but limited volume as this company is vastly underresearched and unknown still as well as the fast money is chasing after metal and oil stocks after they ran up.

In the short term seeing the stock price run up is always great to see but if it doesn't for another 6 -12 months, so be it as the compnay is moving ahead on the ground in terms of growth and continued large conttracts.

Newest private placement is 85% filled which is one reason the stock hasn't shot up yet. If not for the 2 private placements for the "smart money" to buy in, there would be up to about 8 million more shares  ( 8 mil X.12 = 1 mil$)
on the bid side. Even a fraction of this would change the landscape in terms of share price and buyers would be outbidding others to gain more into this company.

Raymond is very confident in MPE outlook and to ensure the PP is 100% filled to do what he needs to do he did sell some of his shares on the open market to potentially buy into the PP if needed as well he bought into the 1st PP.
 
GLTA
Bullboard Posts