Post by
daveinvestor on Apr 14, 2021 1:50pm
23 to 1 it is then
https://webfiles.thecse.com/sedar_filings/00033830/2104130854003002.pdf
Comment by
WSBfanatic on Apr 14, 2021 2:55pm
this company is a joke. Being held down to eventually bebsold its oretty obvious. Either that or a hostile takeover by the debt owners. Either way this stock has been steadily held down on purpose. Sad investors get shafted while managers make hundreds of thousands a year...
Comment by
Puffdragon6969 on Apr 14, 2021 3:40pm
That's not a confirmed number but it's what they are looking at.
Comment by
Goodgrief on Apr 14, 2021 3:56pm
So let's say it's 23 to 1 If you have 1 million shares at 23 to 1 now you have 43,000 shares correct
Comment by
Goodgrief on Apr 14, 2021 4:00pm
And our stock at .06 cents current price With 23 to 1 Is now $1.38
Comment by
Gladiator3 on Apr 15, 2021 6:46am
Yes , you are correct 1'000'000 shares -:- 23 = 43, 478 shares .06 X 23 = $1.38 But they still would need all shareholders approval for this to be official.
Comment by
Goodgrief on Apr 15, 2021 8:44am
I guess I'm trying to figure out where the stock might be before the vote if you're investing big money 10 million let's say I don't want to just get a measly 20% I need the stock to go at least 9 cents to 12 before the vote After that my perception of a reverse stock really sucks
Comment by
Gladiator3 on Apr 15, 2021 9:28am
There's more here than we will all understand. We just need to wait and see how all this plays out.
Comment by
RiskyBiz928 on Apr 15, 2021 9:54am
---> Let's see those numbers first... I bet they will be impressive. Might change the whole landscape here. GL to us all.
Comment by
Gladiator3 on Apr 15, 2021 11:00am
I agree with your statement , Considering that all the other MJ companies that released there year end financials have missed analysts expectations, This company might be Sitting pretty.
Comment by
RiskyBiz928 on Apr 15, 2021 11:48am
Thank you sir. The Q over Q increases last year show a nice, steady direction (up). They have indicated this trend is continuing. We'll know for sure soon enough my friends :-) Looks like 6 is our base. So, we wait...
Comment by
Gladiator3 on Apr 15, 2021 6:37am
23 to 1 consolidation is confirmed. I just received the Proxy for voting.