TSXV:LBL.H - Post by User
Comment by
Smiles62on Jun 24, 2020 8:25am
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Post# 31184732
RE:RE:RE:RE:RE:RE:Panic selling
RE:RE:RE:RE:RE:RE:Panic sellinggainwidpatience wrote: This is only my guess:
Seems like sp was brought down so that Guy can acquire more voting shares. See Mar 11 (before NR on Covid trial), he intended ('plan') to convert the debt into equity @0.05. Sp is now stagnant at that price and he also converted at the same price after 3 months!
https://web.tmxmoney.com/article.php?newsid=7016403234918464&qm_symbol=LBL Once the litigation is settled, Cheryl Farmer will receive 18m shares and warrants. Guy and Cheryl doesn't share good equation. It's good for Guy to have more shares!
i am predicting NR will be out in July (seems to me realistic to guess)! Patience is key here. Sp can go up very quickly if they give positive status/results.
Maybe our friend here is Cheryl Farmer. Don't forget if she thinks this thing is worth it she would also get into the fight of owning a bigger chunk of the company. So basically there are 3 major holders of this company. Anyone here Cheryl, how can I get in contact with her?