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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.


OTCPK:NCNNF - Post by User

Comment by dayindayouton Apr 07, 2020 4:40pm
101 Views
Post# 30888050

RE:classic pump and dump schem going on.

RE:classic pump and dump schem going on.Isnt it weird?. The short position increases and suddenly bashing of the company increases also. Seems like a weird coincidence. Would you agree??
Auditor wrote: I was looking at the short position report. 
Remember last year in March 2019.  on the 1 March stock went $0.79 to $1.39 on March 31.
In that same month , short posiiton went from 1. 1 million shares short to 8.2 million short.
And the boom from 1.60 to 8 cents !
On march 15 2020, the short position were 403 381 shares ....
On march 31 , 2 301 191 short position  .at 17 cents.....
The last price at 19 cents  was reached on March 26  with daily volumes of 923000 shares exchanges . 
I suspect somebody or an organization is beeting the prices of the share is going down and was short selling this stock since March 25.
 
Following the departure of Allisson Gordon and  Jannet VanderMarel  no updates were done .
Not sure the company is still focusing on womens health. 
1 sku on line with Sqdc  but out of stock and only 3 skus on the OCS .....
Even if the brand won prices it does not look good .
Executive, chairman of the board, directors are paid top dollars for what ?
Not having the proper permit in harvest time and throw away production ?

Yep the ladies left with their nice fashion shows and empty promises making millions over the little investors.....
Guy Lalibert sold shares at $1.... and everybody call him the clown.....
Well it turns out he was right.  This board of directors and management team is a country club leaving at the expenses of the little investors.

This stock is a true penny stock for now .
Poor exuction = Unexplained resignation from CEO's = poor results = poor evaluation .
I think that following Allison Gordon's resignation I think it is reasolably safe to see that Quarter ending on March 31 is going to be disastrous as the previous one ,,,It will be published very late  in  May....
ALARM  ALARM  , SELL ,SELL SELL 








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