INDVR Brands Inc CAAOF

Any news when this will bounce back?

[InvestorSara]

I was doing some quick trades this morning and stumbled on this cannabis stock and bought 15000 at 1.11 any idea if it will be going up soon or continue to decline. Trying not to lose money but also not sure why it went so low this morning? I read the financials, fundamentals and technicals (leaves a sour taste in my mouth) and I'm not sure if this is just a major dilution but wow. Can someone shed some light or provide more information? Thanks.

[Nattydread26]

Just look at the one month chart. Save yourself some stress and sell. Pump and DUMP!

[Canuck21C]

#InvestorSara Sorry, you are not going to get any explanations about the fundamentals in this forum. If you read my recent comments then you would realize that. Hold on to your 15K shares and follow what #greenpasture1 said. I am.

[MGtricky]

Hi InvestorSara, I did the same but bough a bit early, I'm now stuck at 1.28 with my position. Here's what I think, the acceleration of the expiration of warrants has been confirmed today, so basically, investors are exercising their warrants to sell at the market. Warrants were priced at .25 cent and .35 cent on their last financials. You can see the volume spike is probably associated

[vladdraq]

i see .5$ and .75$ warrants to be exercised, not sure where did you get .25 and .35...either way, usually investors know acceeration clause is coming before they announce it, and the stock kept droping since a while, so selling pressure is from a while becouse those shares being sold on market. I assume not much warrants left and the oversold bounce should come sonner than later. GL.

[Canuck21C]

The lower price warrants he was referring to can be seen on Page 16 of the corporate investor presentation. The number of individual classes of dilutive securities involving warrants and options is rather large and totaling over 24M and it is no wonder that the company needed to do something about them. It is too bad that most of the earlier share investors like me ended up as collateral damage in

[InvestorSara]

I'm sorry for your loss. The numbers and estimates do not make sense to me at all. I'll be selling and get out... I just dont know enough about this company. I think I'll go back to the bigger companies... maybe not but I dont like to lose.