Indiva Ltd V.NDVA.H

I Am Not Interested In What Company Stands To

[ScarletSpider]

gain unless the retail shareholders do as well. Now i dont know if this can happen or not but my thought is this. Lets say in order to get a cheap handover pennies on a dollar Neil and his Brothers not only negotiate for their interest but everyone at retail and this is what they do...they delist from the Canadian Exchanges completely while using bankruptcy protection to do so this allows SNDL to take control of the company as they are the first in line i would imagine to get paid off. The others down the line are more or less in a position of trying to draw blood from a stone or if the owings is not too much in good faith maybe SNDL settles the debts as they will get Indiva for literally nothing while keeping any competitor out who would have otherwise have the possibility to acquire Indiva had it not decided to do what it has and file for bankruptcy protection which means Canopy and all others can not.

With washimg away from the Canadian Exchanges and properly going through bankruptcy protection and getting off the Canadian Exchanges the Canadian regulators have nothing left to regulate. 

If after this and lets say Indiva and SNDL decide to relist on the US Exchange keep it only there and if some how they keep the shares as they are so that we dont get screwed i would be looking at this. They can potentially change the name and ticker and what you have is a takeover on a new exchange with a new legal entity with Indiva inevitably killed off. 

Whether this can be done is one thing. If it is legal is another and finally is it ethical even if able to be done and legal? 

I would prefer things to be ethical even if legal in which case as mentioned above all debts to those who are owed as creditors be fully paid in light of SNDL potentially getting Indiva for nothing. But it is a dog eat dog world out there. 

The company towards the end stated it will come out of bankruptcy protection with a stronger balance sheet despite everything else stated and talked about sales of assets and delisting. Again it all depends what managenent has in mind negotiates and agrees to. I think the scenario i laid out has happened in a similar albeit not exact manner and as long as no new shares are underwritten and what is left is honored there is still some hope yet. 

Having said this i by far will not suggest for what people should do if and when this trades again however although initially i was thinking to pull whatever i could get out out i may rethink that and go all in with the fistful i have but will be extremely cautious if and when this trades again whether to actually put anything else in at this point most likely not as there are others more stable i will continue to either add to or a few i have been keeping tabs on and maybe grab. Regardless i wont be able to do anything until August now as the monies i was ear marking for July i put towards a comic so unless i trade out again of my existing holdings i dont have anything extraneous to use until August.