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AdvisorShares Pure Cannabis ETF C.YOLO


Primary Symbol: YOLO

The investment seeks longterm capital appreciation. The fund is an actively managed exchangetraded fund ETF that seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets plus any borrowings for investment purposes in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is nondiversified. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.


ARCA:YOLO - Post by User

Post by Ten10xMorePOTon Feb 15, 2019 1:18pm
82 Views
Post# 29371670

Poor CAPITAL STRUCTURE -> 142 M Shares Free Float Feb 16

Poor CAPITAL STRUCTURE -> 142 M Shares Free Float Feb 16

YIKES I am OUT ! Glad I just Saw this....POT Not worth the Risk @ these levels....

Capital structure

After the private placement detailed below, the company currently has 248,982,255 issued and outstanding shares, and 189,775,724 shares reserved for issuance upon the exercise of warrants and options. One hundred forty-two million two hundred twenty-two thousand seven hundred eleven shares are subject to a hold period until Feb. 16, 2019, and an additional 21,172,500 shares are subject to a three-year escrow


How is the Market Going to Absord this ???????? INSANE ! Plus the Market is Due for a Pullback from teh Jan 01 2019 RUN....Not a Good Combo....

Will Check Back in a few weeks. POT back on the Watch List....Low Ball Alter Set. Sheesh that was Close. I need to do more DD before I buy Sometimes.



 

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