GREY:SNNVF - Post by User
Comment by
sunrizeon Dec 05, 2019 10:20pm
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Post# 30427544
RE:RE:Roadapples
RE:RE:Roadapples@Roadapples: See my responses in red color font
Roadapples wrote: He claims that the Okanagan Falls sale closes in early December and investors see a financial path to the completion of the glasshouse and the realization of the original vision. (Again, with the latest PR from the co about Matrix filing a lawsuit, the OK Falls sale will not be completed anytime soon. It is now tied up in litigation.Any proceeds of the sale will totally go towards paying off Matrix. What original vision is Ted talking about? Ted's uber pumping was that Sunniva was in both Canada and Calif and was going to be the canopy of calif. Too bad or maybe it is good that you did not follow Ted on Sunniva. He literally pumped Sunniva back in January 2018 saying investors should buy, buy, buy for a quick double, literally screaming. If you go read his SeekingAlpha articles, you will puke. Ted also went on record saying he was compensated for his visit to Cat City by Sunniva and then he later denied it. What do you make of that?)
That they have a good opportunity to find a financial partner in the US and the opportunity in California remains great. (What? Ted has become senile, looks like. He has no idea of the debt financings Sunniva is already liable for. Who will lend them money and on what basis? Any lender needs security by way of collateral - where the hell is any of that?)
US coming into gear and the possibility of SNN moving forward (US coming into gear - when exactly LOL? Even then, how will the GH be completed? Who owns the GH? Do you even know how many LLCs Sunniva has? Tons. No one knows what these LLC subsidiaries are for, No one knows what these LLC subsidiaries do), if they get financing could prove to be right - my take anyways. I have not invested into this company yet, but at these levels, it could be a potential buy. (You are lucky that you did not invest. Also, it is apparent you have not read my posts for the last 10 days or so.)