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Wayland Group Corp MRRCF

Healthcare Biotechnology Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Cannabis
Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Wayland Group Corp
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Comment by Irie99on Dec 03, 2018 10:18am
78 Views
Post# 29053590

RE:RE:RE:RE:RE:New acquisition = dilution again

RE:RE:RE:RE:RE:New acquisition = dilution againYes it will get hammered.  Volumes have already decreased significantly.  Shrinking the float will only exacerbate the problem.  Everytime I’ve seen a RS the stock falls.  It will just allow them to raise money at a higher share price, leading to further dilution, leading to greater SP losses. 

Bear market is taking hold, especially with small caps.  Volumes across all the small caps I watch are trending down.
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