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Bullboard - Stock Discussion Forum Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Forte Group Holdings Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company develops and manufactures a range of alkaline and mineral-enriched beverages and nutraceutical supplements for both its TRACE brand and private-label clients. It operates through two segments: alkaline and mineralized beverages and supplements and eCommerce. The alkaline and... see more

CSE:FGH - Post Discussion

Forte Group Holdings Inc > Marcello Leone sells additional 3,800,000 shares
View:
Post by shneps on Jan 13, 2021 8:14am

Marcello Leone sells additional 3,800,000 shares

Keep talking it up JaInvest.
As seen below your fearless leader has just filed an additional sale of 3,800,000+ shares going back to last year. (certainly not two days ago)
These will slowly keep coming in but you won't see them quickly like you do market buys or warrants. It will be a lot as he knocks them off before the transaction.
Filed 2021-01-12 15:29
 
Tx date 2020-12-28
$BEV
BevCanna Enterprises Inc.
Leone, Marcello
3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: Naturo Group Investments Inc. (Indirect Ownership)
Common Shares
11 - Acquisition or disposition carried out privately
$-1,239,000
-1,239,000 vol
$1.00 each
3,917,000  
Filed 2021-01-12 14:37
 
Tx date 2020-11-25
$BEV
BevCanna Enterprises Inc.
Leone, Marcello
3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: Naturo Group Investments Inc. (Indirect Ownership)
Common Shares
11 - Acquisition or disposition carried out privately
$-1,800,512.70
-2,572,161 vol
$0.70 each
5,156,000
Comment by JaInvest on Jan 13, 2021 10:40am
I think with how you manipulate infomration to support your narrative, it might be good for you to post your source.  Also, never said he wasn't cashing in shares.  Just said that it was no big deal as he is compensating himself for his work.  If Naturo is the holder of these shares, then for sure they are making some cash before the transfer is complete.  Not unusual ...more  
Comment by shneps on Jan 13, 2021 11:52am
Post your source? The share sales are a snapshot from SEDI.
Comment by JaInvest on Jan 13, 2021 8:13pm
Quote: " Rest assured that we have the water necessary to pour. As Bevcanna grows, we have a program to convert the required water from our property to satisfy future scaled production needs. Our current license has the ability to gain us access to +100,000,000L. The property already has multiple wells that are registered with the government of Canada. The way that it works, is that the ...more  
Comment by shneps on Jan 14, 2021 8:33am
There are currently five wells on the property: Only two wells are licenced: 1. Permit #500917 is held by Naturo and is for the bottling facility. This permit is for 8.5M3 per day and 3,120M3 per year. The second license also belongs to Naturo and is for irrigation purposes only. It is allowed 289,560M3 per year. The remaining permits (unlicenced) are for irrigation, water supply (cattle) and ...more  
Comment by shneps on Jan 14, 2021 6:18pm
Just wanted to let you know JaInvest that I haven't forgotten about the water licences. Have a call in with BC's Cranbrook Water Stewardship office. The person I need this to be clarified with is not in till Monday. Tried calling Luca, didn't answer and I didn't leave a message. Will talk to the province first.
Comment by shneps on Jan 19, 2021 7:49am
I spoke with the KB water management yesterday and had the following response to my questions. I have taken the Luca Leone email (which I have not confirmed he wrote but we try and confirm this today) " Rest assured that we have the water necessary to pour. As Bevcanna grows, we have a program to convert the required water from our property to satisfy future scaled production needs ...more  
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