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Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company operates through the following segments - Consulting business and Cultivation and Sale of Medical Cannabis.


GREY:RVVQF - Post by User

Comment by Ikavdeolon Jan 31, 2020 2:48pm
90 Views
Post# 30626924

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thats so Raven .

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thats so Raven . I agree with you on the app.  A BETA version of an app is not worth $5m which means it was a play to obtain a controlling interest.  The parties involved likely did the maths beforehand on the number of shares required and worked backwards to come up with the $5m price tag.  I was a sceptic at first but now I have no doubt in my mind this is what has happened.  The timing was also very convenient when you consider the entire board members was sacked just a month beforehand.  Pure coincidence?  I’ll let you guys decide.

Whoever’s accumulating is basically doing it to buy votes.  In dollar terms, volumes have tapered off relative to the 3.5c price so they probably have (or close to having) the numbers already.  One can only speculate what they will do next but a number of scenarios has been mentioned on this forum already.
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