GREY:CNTTQ - Post by User
Comment by
Nastysaskyon Sep 11, 2018 9:42am
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Post# 28596467
RE:RE:RE:RE:Director Resignation how will it effect sp ?
RE:RE:RE:RE:Director Resignation how will it effect sp ?Mike411Ontario wrote: Nastysasky that was my thinking also. Nasdaq ASAP
Although the distribution partnership & inital investment is good news.
They are in line for another 2m shares also. "Beverage Group will have options to purchase from CannTrust up to an additional 2,000,000 common shares in the aggregate at a price per share equal to a 15% discount of the 5-day volume-weighted average price on the TSX immediately prior to the date the applicable option is exercised, if CannTrust exceeds certain sale thresholds."
The new partner will help increace yield & is good news also; "Aleafia recorded record revenue primarily from clinic operations reported in its second-quarter earnings, and will reach a fully funded growing capacity of 38,000 kg of cannabis flower in early 2019."
I was wondering how many shares Mr Paul has & what he will do with them. Most likely sell them & there are now many buyers. It seems.
Keep up the good work.
I am long CannTrust, Aphria & Maricann
Mike
Exactly Mike,
Distributor news is nice, but not what the market is looking for right now. This is a big moment for TRST mgmt, they need to deliver this for their shareholders.