Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Chemesis International Inc C.CSI.U


Primary Symbol: CADMF

"Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia. Chemesis is developing a strong foothold in key markets, from cultivation to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost-effective production and distribution of its products. In addition, Chemesis leverages exclusive brands and partnerships and uses the highest q


OTCPK:CADMF - Post by User

Post by guyf1963on Jan 26, 2021 12:10pm
112 Views
Post# 32387896

More financing done

More financing doneHope we are getting closer to have real news which we have not gotten since 1.5 years ago:

So last week's news (January 19) on financing showed: 1.9 Million shares at $0.255,
33,257 at $0.66 and
939,000 at $0.69,

allof these, plus cheap warrants.
 
So now they have again proceeded with some financing:
 
5.6 Million shares at $0.43 which was set based on SP of December 3 (see link below):
 
https://webfiles.thecse.com/20210120_CSI_Form9_NoticeOfProposedIssuance_PP_DebtSettlement.pdf?7q4_uJGT83yftI2kHIIipr3fSE6qv8JV=
 
Another financing which was for 972,000 shares at $0.68 & $0.69 (see link below):
 
https://webfiles.thecse.com/20210120_CSI_CSEForm9_NoticeOfProposedIssuance_DebtSettlement.pdf?XhN_kcmAYukz8Q2YfTicr8Ob0oSEnYQd=
 
 
With all of these new financing, obviously include cheap warrants so we sit at 49.9 Million shares and moving up
 
The debt settlement at $0.255 was done by two individuals out of BC per the above. In My Opinion, we know that it is likely the same individuals that lent their paper to the 2 funds in accordance with the August 2019 Lending Agreement.
 
In My Opinion, CDS & Co is likely buying the warrants being sold in advance of some news that will be issued in the near future. IMO, CDS & Co will then sell their paper at one point to make up for the loss incurred when they were borrowing the paper. IMO, the lenders will buy back their paper and will recuperate their loss with the cheap paper handed out. Just my opinion based on my simple observations made.
<< Previous
Bullboard Posts
Next >>