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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Post by Dmcflaxon Jun 06, 2017 4:55am
269 Views
Post# 26328170

NEW INVESTOR. EMC Enquiry and response

NEW INVESTOR. EMC Enquiry and response Put some money on a few MJ Cdn stocks. Took it out before losses. Left money in EMC. Asked investment personnel from EMC directky via email yesterday what gives? This is their response....what do readers think? Vague or viable? Don't hit me hard on responses, just doing my best to understand : 
Thank you for your note. We have had two sets of shares come off their respective "hold" periods which are associated with earlier round financings. The first set came off hold in early March and the second set just came off hold. Typically, there is some profit taking which causes downward pressure on the share price. 

On the business side, the company is doing well and advancing its strategy on all fronts (medical, pharma and preparation for adult recreational). 

I hope this gives you some color and comfort concerning the recent share price movement. 


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