GREY:SNNVF - Post by User
Comment by
DIY2018on Dec 05, 2019 9:20am
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Post# 30424232
RE:Some details on the latest mess
RE:Some details on the latest messsunrize wrote: If and a big IF that CannaPharmRX buys the OK Falls property, it will not buy it for 16 million cash.
At best, you can expect 7 million. And you can bet ALL OF THAT 7 million will be gobbled up by Matrix Venture Capital.
Why is the sale a BIG IF? Because Matrix Venture Capital is going to put a lien hold on the OK Falls site. What that means is that the title to the property will not be clean. It means CannaPharmaRX will not close the deal until that lien is released. The only way to release that lien is for Sunniva to pay the 7 million. Read more at the link below:
https://thedeepdive.ca/sunniva-finds-itself-in-legal-battle-over-okanagan-falls-property/ PS: Leith, CFO and Wilkerson washed their hands off the muck that Sunniva is in. Barker too.
Matrix said they did not put OKS as security when lending money. So do not spread fake new.