RE:Still Choppy Days and Management Needs to DeliverBest solution is to fire the CEO and CFO. They executed the financing terribly bad. And there is no guarantee that they won’t repeat this mistake again , beacause they are incapable . Terrible management .
fundamentalinvestor wrote: Upcoming Events
CEO speaks today at cannabis conference
https://www.benzingacannabisconference.com
Announce closing of Private Placement - Hope it is oversubsribed. Broker says it should be tomorrow.
When they arrive in accounts - expect some additional selling pressure as investors keep either warrants or stock.
Then hopefully the company can move forward with its uplisting to the TSX
Shorts should start to cover.
Company announces Health Canada approval of increase KG production in New Brunswick.
Then hopefully again in May or June for addtional capacity.
Through out this - hope additionaly analyst start to cover the stock and provide additional buy support.
Two competing forces - Market pressure and Execution. Financing was very poorly executed and shareholders took in on the chin. If the Execution delivers - this stock should be back to well over $3 in June. If they achieve the Langley milestones - over $5.
Choppy between now and then.