RE:RE:We are under attackgainwidpatience wrote: Wish we had an option to flag this stock to IIROC!
Around 90% selling from anonymous! No promo from the company since last 2 months (since the sell off)!
In my theory, there is a strong possibility of PP (probably $0.10 or less) coming shortly.
- Timing of Jatinder Dhaliwal's selling of C$50k at a price $1.40+ on May 20 right before Green Parrot's acquisition.
- Current float is 18m shares. If they take financing of $2m @ $0.10 which means they will further dilute 100% (20m shares)! Read this Jun 16 PR:
"The Company intends to complete further tranches of the private placement to raise up to a total of CAD$2,000,000. The Company reserves the right to raise up to an additional $2,000,000 on the same terms. The proceeds of the private placement will be used primarily to continue the development of the Company's business, including its recently announced joint ventures with Pharmadelic Labs Corp. and Green Parrot Labs Corp., for marketing and investor relations activity, and for general working capital purposes".
whatever you do....DO NOT look at the SEDER files from yesterday. RIP Tmed.