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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company also conducts wholesale bulk sales of dried cannabis to various licensed producers in Canada. Its subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., and Auxly Leamington Inc. The Company’s primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing and conducts the Company’s primary dried flower and pre-roll manufacturing.


TSX:XLY - Post by User

Bullboard Posts
Comment by longonMJon Aug 25, 2018 5:12pm
110 Views
Post# 28517589

RE:RE:RE:Auxly CEO Chuck Rifici Recently on Reddit

RE:RE:RE:Auxly CEO Chuck Rifici Recently on RedditLooks like you have a very short memory.

Did you forget that the share price of CBW was in the $1.60 to $1.75 price range or thereabouts around the spring, and then Chuckles went and did a financing to raise funds at $1.40 a share?  Guess where the share price for CBW went within 2 short days of this action.

And about a month after that, with the share price trading in the $1.25 to $1.30 price range, Chuckles went in again and did something or other, but at a share price of only $1.10 a share.  It doesn't take a brain surgeon to figure out what happend to the share price in the open market the next day.

Can YOU explain these 2 moves to us, because they FACTUALLY did happened?

EvelKnievel wrote: Why don't you ask him yourself, or is is this cause you know you have nothing, and you are trying to save yourself the embarassment of being completely wrong with your facts?

longonMJ wrote: Well, if Chuckes will really be there to answer questions directly from investors, can one of you in attendance ask him the following 2 questions:

1)  Why did he loan out share to short sellers just so they could short the share of the company; and

2)  Why does he raise additional funds for the company by issuing new shares at substantial discounts to what the market price of the company is trading at.  Especially in light of the fact that other companies do it based upon an average of the previous 20 trading days, or in the case of Canopy, at a substantial premium to the current market trading price?

Waiting in anticipation for his answers to these 2 pointed questions in terms of his moves to enhance shareholder value because they sure seems to have the exact opposite effect.  Grrr..............

EvelKnievel wrote: Our legendary Auxly CEO, states he will be around to answer questions through an AMA with r/TheCannalyst on Aug 29 at 6-730... >>>  https://www.reddit.com/r/TheCannalysts/comments/99yte7/its_me_chuck_rifici_for_my_first_ama/


 

 




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