Indiva Ltd V.NDVA.H

RE:If canopy has 34M shares

[ScarletSpider]

I was involved with a junior some time ago same bs with Canopy. Who cares about them. Let people who want the shares buy them. If Canopy wants to off load them for their 1 million worth good for them maybe that will help them weather their problems. The worst case scenario i see here is a .02 to .04 stock with the company carrying on and diluting as it continues. Best case buyout. Having said that i had two failed "strategic buyout situations" one going back to 2022 ish or 2021 petroteque that collapsed badly and has yet to come back from a halt if it does the other revolugroup which is still kicking around at the .04 mark. If things dont materialize here it is possible to temporarily dip below .02 consolidate at the base and trade around the .02 to .04 mark. The financials are still quite strong but the company will most likely need to dilute to keep going and it can for some time. 

Medmira has around 700 million shares still going and can hit .15 if not more can also drop to .04 or less. The time to buy that is .05 or less. I dont see this any worse off than medmira actually. Eguana Tech is another which continues to function. It was formerly called Sustainable Technologies group and survived for more than 20 years. Unless management tires gets frustrated and throws in the towel there is no way it will otherwise go under you just keep at it continue to have from my understsnding the largest market space in Canada in terms of edibles. It is really a matter of time someone takes this out. Now i said 5 to 10 times seem typical it may be possible the sp hits .015 to .02 so worst case buyout .075 at 5 times .15 ten times to .10 to .20. 

If there is something more than that even better but longer term depending on managements resolve they can still keep trading it isnt like their sales is garbage but due to the crippling high interest rates the company decided to by the looks of it take some loans vs diluting the shiate out of the shares even so again look at medmira mir and remember what i said about Eguana.

Having said this as i said i wouldnt bet tye farm on this you are putting money at risk as well as being tied up for however long will get you a favorable outcome if at all. But if one wants to put a good chunk in with their eyes wide open that it may or may not cut in his or her favor and that he or she is happy with other holdings and or doesnt see more stable solid other options than fine why not? 

I am probably going to hold off on this and risk my very piddly $75 or so with 1500 shares. I am tied up holding too many others with a few i am looking to add to. 

Good luck all.