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Bullboard - Stock Discussion Forum
Hiku Brands Company Ltd.
DJACF
Healthcare
Biotechnology
Drug Manufacturers - Specialty & Generic
Cannabis
"Hiku Brands Company Ltd, formerly knwon as DOJA Cannabis Co Ltd is engaged in handcrafted cannabis production and building a portfolio of iconic, engaging cannabis lifestyle brands. Its cannabis brands include DOJA, Tokyo Smoke, and Van der Pop."
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OTCPK:DJACF - Post Discussion
Hiku Brands Company Ltd.
> Increase in short position? Also Mgmt.'s $15M raise GENIUS!
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•••
bpeters
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Post by
bpeters
on Dec 10, 2017 11:44am
Increase in short position? Also Mgmt.'s $15M raise GENIUS!
IMHO, the shorts may have increased due to selling prior to the 6million "free trading" shs becoming available on
Dec 1,
that Dela had previously alluded to.
If this is correct then the "facts" will reveal themselves on the Dec 16th short report.
Highryder, something tells me that you do not have a business background or that you have not been involved in mergers acquisitions etc.
Various factors impact the capital markets, so stop sounding like a broken record
Things can change on a dime.
DOJA has to take advantage of whatever is best from it's perspective at the time.
Foresight does not mean having a crystal ball 2 months into the future, let alone one week!
So here the FACTS:
DOJA traded between 65c and 75c on October 3rd
DOJA traded between $1.22 and $1.25 on December 7th.
Please connect the dots as management took full advantage of a $15 million "bought deal", significantly higher than the 73c closing price of Oct 3rd. The Dec 7th price was about 1.7X the Oct 3rd S.P, and has approximately half the dillutive effect!
A
genius
move IMHO.
Let's move on and not try and second guess managements business acumen.
And the Toke is on.....
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dela90
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Comment by
dela90
on Dec 10, 2017 12:11pm
Great post. Your perspective is always appreciated. Thank you. The Toke is on...
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highrider2
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Comment by
highrider2
on Dec 10, 2017 3:41pm
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