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Valens Company Inc (The) Ordinary Shares VLNCF

The Valens Co Inc is a developer and manufacturer of cannabinoid-based products. The company's extraction methods are CO2, ethanol, hydrocarbon, solvent-less, and terpene extraction. Its products are Tinctures, Capsules, Beverages, and Vape cartridges among others. Its reportable segments are Cannabis operations, Analytical testing, and Corporate. The company has a business presence in Canada and other countries, and it generates a majority of revenue from the Cannabis operations segment.


OTCQX:VLNCF - Post by User

Comment by PamplonaTraitoron Apr 18, 2022 1:58pm
165 Views
Post# 34610582

RE:RE:$1.25 only 12 cents away now.

RE:RE:$1.25 only 12 cents away now.
MightyPoPo wrote: I truly feel bad to those who jumped in a couple of weeks ago. This company has continually disappointed and don't see why things wil be any different moving forward. Likely on it's way to penny stock status (unless decide to consolidate to keep Nasdaq listing, which, at this stage, not sure why they would bother). 


Re Nasdaq the price would have to stay under a US buck for 30 days, and there's a 360 day cure period, and to reset just need to trade above a buck again.

Also, there's a mandatory 48 hr cool down period after quarterly releases and the black out period ends today.

Amyone notice there was a news item under the VLNS ticker that went out erroneously this AM, now corrected to the right company, appointing a Rishi Sharma as EVP and CFO ... that would likely have been reacted to knee-jerk style. Gotta read stuff carefully!

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