Clarocity Corp CLRYF

RE:RE:Have to read these things carefully...

[Yunggun]

  "$0.0245 per Share and $328,104 in total" for "The Shares were disposed for investment balancing purposes."

As Colin states with "The Acquiror does not presently have any plans or future intentions with respect to the enumerated actions."

And again with "Depending on market conditions and other factors, the Acquiror may acquire or dispose of additional securities of the Issuer."

https://cloud.stockwatch.com/News/Sedardoc.pdf?docid=4225225


I have mixed feelings about the last statement. Regarding the fact it is still very unclear on what his intentions are moving forward....

Now with the AGM ammended (Rallypoint) on point with that. Looks like the ILA deal will fall through the cracks and not be approved... Sucks for Investors as it will deminish all hopes for a RTO or possibility of a PP in the near future. 

Now the question is, they still have million in tax write offs in the state of california, what are they doing to make that look attractive to a growing cannabis market, especially with edibles, oils, concetrates and flower are all readily available for consumption. The thing is with these products is current production does not meet the demand, especially her in Canada. Causing alot of money still flowing through the grey market of WEED...

I believe also only a small handfull of companys have authorization from the state of california to produce these products and another handfull of retailers. Meaning alot of people are looking to get into this market and reality is I doubt CLY will ever make a play at the Cannabis market in the states.

And california is already ridden with useless tech companies who burn cash, Why CLY....

Millions in write offs are not really a selling feature for a RTO or some sort of transaction in that way..

IMO