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Bullboard - Stock Discussion Forum Chemesis International Inc CADMF

"Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia. Chemesis is developing a strong foothold in key markets, from cultivation to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost-effective production and distribution of... see more

OTCPK:CADMF - Post Discussion

Chemesis International Inc > 16M PP from january becoming free trading
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Post by guyf1963 on May 20, 2020 5:31pm

16M PP from january becoming free trading

In a few days. Coukd this cheap paper be used to knock the share price down so that the next tranche of the PP be repriced at 0.35-0.40. This is highly possible looking at the cheap dilution from a float of 11M in january 2020 and will become 54M after the shares reserved for issuance become free trading. Diluting shareholders and rewarding a select group to make money
Comment by dart321 on May 20, 2020 5:44pm
Chances of those PP shares flooding the market is very, very high. The PP price was 31.5 cents I believe so to think these people are not going to blow their paper off is not realistic. I would also suspect that some of those old PP holders will sell to buy into the one being done now. In my opinion the only issue is to see how low this will drop.
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