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CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering carbon dioxide (CO2) delivery solutions to the global protected agricultural sector. Its patented technology provides the service of C-stainable crop production and pathogen perimeter protection for healthier crops by enriching plants with CO2 via an aqueous CO2 microfilm on the leaf surface. About 300 million metric ton (MT) of fruit and vegetables are grown annually from about five million hectares of protected vegetable facilities globally. The Company operates in Canada, the United States and the European Union. The Company's subsidiary is CO2 GRO (US) Inc.


TSXV:GROW - Post by User

Bullboard Posts
Comment by spck11on Aug 05, 2020 10:24am
117 Views
Post# 31366448

RE:RE:RE:RE:RE:Stock Options

RE:RE:RE:RE:RE:Stock OptionsExcercising their options adds cash to the company, while buying shares on the open market does not.

Wishful thinking here, but maybe they need capital for something and rather than do a dilutive stock raise with even more stock options attached, they would rather raise money from their own pockets instead. Not too knowledgable about insider options and the rules attached to them, but I cant think of a good reason for them to excercise options like this, especially the options at 0.265 per share.

This weird activity plus the 500,000 shares we saw on the bid last week seems to imply the share price should be going up soon,but I will continue to wait for an announced contract.
Bullboard Posts