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Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.


TSXV:NDVA.H - Post by User

Bullboard Posts
Post by Blurr4on Sep 03, 2014 10:46am
103 Views
Post# 22900894

Relentless Selling

Relentless SellingI believe our small company is well positioned to perform well over the next 12-18 months. I love the frac sand sector, I like the small number of OS and I like the aggressive nature of our CEO. What I'm troubled with is the relentless selling we see day to day, often from Anonymous.

We're expecting some good news very soon and again this morning a huge block of shares (158,000 is on the ASK at $.13). Didn't we just have to chew through a big block of shares at the same price a few days ago?

I've been trading equities for 25 years so I've heard the 'be patient, holding long term will pay off, for every seller there's a buyer, etc.' axioms. WIth such a low float, chewing through yet another sizeable block of shares is frustrating.

Does anyone know if these blocks of shares at $.13 are from an investor blowing out his/her position? Are we close to seeing the end of this? Has anyone spoken to Rick (CEO) lately for an update?

Thanks in advance.....
Bullboard Posts