Lynx Global Digital Finance Corp CNONF

Answers from CEO re: board questions from Chuba

[SwingTrader149]

VMoney - complete turnkey Global Fintech payment solution fully ready and available to be integrated and activated to service Bloomkit clients for marketplaces in geographic areas where payment processing solutions for cannabis can be accepted. Like paypal I guess but for cannabis since major players can't touch it until it's legalized

Company has no idea who is Global IR...never heard of them.  Company has hired Oak Hill for IR and Stockhouse for PR

 

Annual year end financials recently filed on SEDAR - do not reflect the IPO completed in November 2018 nor do they reflect all of the current and on going business plans of the Company.  Please see recent Corporate Update from the CEO press release for general overview of and initiatives and watch for more current and updated news flow as projects and agreements get formalized and finalized

 

 

Currently run staff on contract - located in Vancouver where most development jobs are contract work (it's a weird city)

Those are the point form notes - I tried to remove the hype from his note to me and provide just the facts. 

[stockthief]

Hi Swing, Thanks for your update. In your note, you mentioned that the company has no idea who Global IR is. Would you have any idea then as to why Global IR is calling investors and selling stock?

[HomerAndCompany]

IR Global Roadshow called me a number of times. They very strongly encourage you to buy - though I don't think they actually trade themselves - so in that sense they are not "selling stock", but promoting (I think - I'm no expert on stock promotions/pumps) . As I'd indicated in an earlier post, they said "no one's selling" (with a self-satisfied tone, not as

[stockthief]

Thanks Homer for your clarification and response. It makes me wonder though as to why IR Global Roadshow is involved at all promoting the company? The CEO doesn't even know who they are? I'm thinking that maybe they were hired by a major stock holder who wanted to sell his position in a controlled manner in order to get the best price. IR Global hit the phones and got buyers until the

[HomerAndCompany]

Yes, As I've said in some previous posts the underwriter, Leede Jones Gable had sell orders stacked up at the same time that IR Global was giving me a hard sell on the compay's prospects (verbally). There was little else on the ask side ("no one's selling"). LJG may have sold their 1.25 million shares (or most of them) for as much as $1.60ish average vs $0.40 IPO price - that

[stockthief]

Homer, thanks for your post and sharing your views with us.

[SwingTrader149]

Any stock that moves with over 50k in volume a day this quickly will get the attention of short sellers. This is the reality of the CSE - unforutantely they were not prepared for the short attack that occured last week it seems and a bunch of groups got involved. In my opinion an underwriter was lending shares out for someone else to short - and if they are able to pull those certs or find out

[HomerAndCompany]

If there was a short attack last week there's only one underwriter they could have borrowed shares from as there has just been one public stock issue - Leede Jones Gable. And as LJG has had sell orders stacked up for months now & seem to have been the primary seller over the last 2-3 months I think short sellers would have to borrow shares elsewhere. A much larger pool of shares is in the

[SwingTrader149]

No one with enough shares to short this like they have would be doing so - they would know better. If you read my early post it looks like there was a lot of short selling from TD - either they got a certificate deposited and allowed shorting against it (which they normally do) or there is someone shorting this naked like a MM (more likely).  LJG wouldn't allow shorts if they are

[scanner18]

promted company that ran out of buyers and potential buyers......sure glad i never moved on the pitch from the two promters

[SwingTrader149]

stock is less than 6 months old with a short attack and no news yet. If any news comes out those shorts will have to cover there asses.