Just sold my last shares.. ...of this turd.
The lack of mention of Vivo on the German MJ list was the breaking point for me, as this is no longer an investment but is now a gamble - There are far too many variables that are unknown, may as well just head to the casino and throw it all on red.
I bought Hexo (under $2), ACB (under $3), FIRE (1.10), and Abcnn/Vivo (0.91) in 2017 - All are uplisted, and all have given great returns, except Abcnn/Vivo. I made a measly 8% total return on holding this garbage stock for 19 months - Same return as if I just left that money in the bank.
There are also far too many better opportunities out there in the MJ sector; I sold most of my Vivo shares back at end of Feb and put it in TGOD.WT ($3 strike/2021) It's up considerably, and they show signs of future growth.
It's obvious that this is company is heading downhill and has been since late 2018, and the board members are just dumping as much stock as they can before doing another offering/dilution to try and stay afloat. Not to mention that all of the trapped longs holding this turd, will sell as soon as they break even - Look at the chart, any past catalyst was met with massive selling.
Until they get real management and start showing respect for their shareholders, Vivo is just for gamblers.
But more importantly, did you see the beautiful tan ol' Fishman got while out boating? Yeah, that's what you're paying for - And you didn't even get a ride on his new yacht.