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Canopy Rivers Inc - Class A V.AIMVP


Primary Symbol: CNPOF

Canopy Rivers Inc is a venture capital investment and operating platform structured to pursue investment opportunities in the global cannabis sector. The company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the cannabis sector. The investments take the form of production-linked royalties, secured debt, newly formed joint ventures, and a variety of equity and equity-linked instruments.


OTCPK:CNPOF - Post by User

Post by Chef999on Feb 05, 2019 9:07am
232 Views
Post# 29319496

Financing

FinancingOn Jan 30 I posted on this board of a possible financing in the works,no responses. My understanding was that the original investors who helped make Canopy what it is today were  the first individual investors approached. A little extra bonus for those who have already gotten rich on Canopy. At the time the stock was 5.22 having made a nice run up from low 4.00 range. Subsequently the stock was run up over 6.00. Trading the stock through the run my fills were coming in block by block (read 100 shares at a time) indicating the plethora of small, possible first time, investors. That run made the 4.80 offer and issue price more palatable. Unfortunately it also sets a fair value and dilutes existing shareholders equity. Understanding that long term growth requires short term pain I maintain that the pain and risk should be distributed to all investors not merely the existing retail holders. Having said all that I have faith in RIV and will re enter here. Mr Linton has certainly looked after those who brought him to the dance and now we go back to business until next time. For those who remained through the ride you will make money here despite this all too familiar strategy. Eyes wide open. 
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