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CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.


GREY:CNTTQ - Post by User

Bullboard Posts
Comment by ImFineThankson Nov 06, 2018 1:50pm
70 Views
Post# 28932051

RE:RE:As an eg. by looking at most of the other big LP"S

RE:RE:As an eg. by looking at most of the other big LP"SI think a NASDAQ listing application is coming up pretty soon...

They had an job posting on their website for a new CFO recently on Linkedin, it's been taken down now. (this position was one of the recomendations they were given in this opinion letter: https://www.capitalizeforkids.org/2018/09/25/canntrust-a-budding-opportunity-part-ii/ )

To summerize, these were their recommendations:

1 The company should be listed on NASDAQ.

2 The Board of Directors has to be strengthened. It lacks industry and capital markets experience.

3 The company needs a new CFO. Public company CFO’s are highly visible to the capital markets. CannTrust’s CFO has been invisible since the day TRST was listed. A more visible and capital markets savvy CFO would go a long way in gaining shareholder trust and investor acceptance.

4 Eric Paul ought to develop a clear succession plan, move to Executive Chairman and fill the CEO slot with a dynamic and seasoned individual.




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So we know #2 and #4 has been done with the new board memebers, and the new CEO and they've either tried to hire or are still in the process of hiring a CFO. There's a rumour that this is their ad: https://ca.indeed.com/jobs?q=cannabis%20vet&vjk=dfbc5863b5aabe6f

I think that once they have hired the new CFO, we will hear shortly afterwards that there will be a NASDAQ listing.

I mean... one of the tasks in the job posting is: "Lising on NASDAQ".



Bullboard Posts