GREY:ALEAF - Post by User
Comment by
tovieron Nov 17, 2021 8:41am
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Post# 34135278
RE:RE:Insiders
RE:RE:Insiders Quite Ironic...The entire board and management( Except for Benic) were able to pick up shares at .10 Cents... they were all listed as an Acquisition or disposition under a prospectus exemption. From the web...The exempt market allows securities to be offered under what are called prospectus exemptions. Prospectus exemptions can help a company or fund raise money without the time and expense of preparing a prospectus. https://www.getsmarteraboutmoney.ca/protect-your-money/investor-protection/regulation-in-canada/the-exempt-market-explained/ Is this how they are using the 30 Million ATM?.. also.Aleafia Filed a $150M Base Shelf Prospectus on May 5th. it could be either or..but either way..This is a major stock Dilution in the works. YIKES! Seems like they are raising money by buying at .10 cents only to sell at the best price out there which will bring in the much needed cash to cover the 30 Million debt. @ .20 cents a share..150 Million will bring in that 30 Million. what are your thoughts?