TSXV:NDVA.H - Post by User
Comment by
geodcanon Aug 08, 2024 3:45pm
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Post# 36170060
RE:i wonder
RE:i wonderShareholders have already taken the hit and it will settle in that big money and marketmakers are up to no good.
Sadly, this type of business is not good business for regular shareholders but more of a conversion of value over to the guys who dare to do this.\
Sadly, there is no real watchdog with committment taking this on to protect investors that invest in shares of these companies with good intentions that will honour why the stock market exists.
This type of irregular behavior is considered good business for those that are perpetrating it but destroys the junior stock market as financing of last resort and also destroys companies of good potential to be successful because investors digest the mechanism of being removed from their investment.
Actions speak louder than words and all of the bouquets thrown about with regard to Indiva being a leading producer of Canadian edibles have been over-ridden by the lenders calling a loan that was being serviced.
Takes the trust right out of the publicly traded market option and there aren't enough stock watchdogs or willingness to put their feet close to the fire.
This type of behavior kills companies of good potential and any residual value will be converted over to the lender and preferred shareholders because they are willing to forgo normal business practice in favour of lining their own pockets.
Too many players and too much supply needs to be fixed before any of the pot juniors are survivors. Full US Fed legalization is only the trigger for what is coming!
glta and dyodd