Canopy Growth Corp T.WEED

RE:Working on a piece to send to the Globe and Mail

[geodcan]

Chefboy69 wrote:

TSXV/CSE/OTC

 

They exist mainly for new companies to receive start-up capital. Money needed to run operations for the company to exist. 90% of the companies listed, DO NOT MAKE ANY MONEY.

THE ONLY SOURCE OF INCOME IS FROM SALE OF STOCK ( financing deals, private placements and so on) 

For the most part they will continue this cycle without ever being profitable. A sort of rinse and repeat

And for the unknowing and new investor they buy these companies and end up losing money. 

In very few instances( in my years only once) has a company uplisted off these exchanges and made me real money and continues today

 

This has been the modus operandi for the venture exchange and over the counter stocks for the last 100 years and will continue

No one talks about it and the media( BNN) promote these companies knowing exactly what they are doing, 

 

There are also a group of “boiler room” traders( day traders) that scalp the shares of these companies, creating pump and dumps and fast moving exciting stories. 

The new money is not aware and buys these stocks thinking they will profit and as they buy the traders are selling the shares to them. The retail new money ends up “”holding a bag”. Or Losing their own hard earned money

what do you think so far???

Well put!  While you are at it send copies to the SEC, IIROC and every other securities watchdog you know.

Sadly, what you say is more truth than fiction and junior exchanges are a last resort for some small companies of good potential for financing.

When I choose these high risk, high reward investments (bets) I also try to find out about the integrity of them that are ramrodding it.

Chat lines are good places to dig up shyt on the players and honestly I can't believe the manipulation that is allowed to take place.  I try to make it a habit to stay away from complicated wordy deals that I'm not sure even the lawyers or accountants understand.

Some of these junior plays are just a cash grab that never had any intention of rewarding a common shareholder.  Crooked as  a dog's hind leg and long lived too because integrity is lost to lining pockets and in order for this to work is because securities people are overworked and understaffed or just plain crooked and on the take too!

Still want to play in this game with stacked decks and sharks all over the place???

glta and dyodd