Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc

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Comment by newGuy01on Sep 07, 2018 3:19pm

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Post# 28581606

RE:RE:Buying Power

Shares outstanding is ~54mm. But the actual public float is only ~42mm. Tiny tiny tiny float tightly held. Hence the lack of liquidity. Hence the volatility.

HandyAfterall wrote: Hi,
i could be completely off as I’m no Mr Manager, but the lack of volume has always been a problem I believe is caused by the low number of shares. Compounded by the fact management owns something like 30-40% of those shares alone, then you have individual retail investors like Derek who own another million themselves... how many shares does that leave to be traded daily? It’s why I was/am excited by the talk of splitting.
by the way... any word on the splitting vote? Did I miss it?

have fun,
handy

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