Forte Group Holdings Inc FGHFF

More Embark Dumps

[shneps]

And the Embark shareholders dump starts back up with the first trading days of the month. Predictable to say the least.
Well done team.

[luckyAF]

It's almost as if the shares issued to acquire worthless assets vest monthly...

[shneps]

First of every month for the next ten months. According to Sal -  Of course there are going to be Embark investors that sell. They've been given the opportunity to partake in a much more viable, diverse, vertically integrated company. So what do they do. They sell their shares. Makes absolute sense don't you think?

[shneps]

According to Hygrovest's portfolio their $2.4M investment in Embark is sitting currently at a 65% loss. "Entourage Health Corp 2.4 HGV is to hold convertible notes until maturity in Sept 2022 – currently 65% discount to face." According to Hygrovest's portfolio (with Bevcanna buying Embark) they now hold $0.84M of Bevcanna and have no intention of maintaining that position

[shneps]

"As noted above, HGV’s flexibility in exiting some of its investments remains restricted given the escrow arrangements or where HGV is intending to hold the investment to maturity to realise value (e.g. Entourage) which will unwind during 2022." - Hygrovest

[shneps]

With all the touting of what a great investment Embark was to Bevcanna the reality for Hygrovest (MMJ Holdings)  is the following: Embark Health (Takeover) Completed $7.5M (Capital Invested AUD) $1.1M (Net Proceeds AUD)

[Sal1958]

per schneps the 1st of every month there will be a dump of shares? What happened to April? No dumping. R they taking April off? Schneps get it right. Don't post what is not happening. Have a nice day.

[luckyAF]

Dual auction market mechanics can be tricky... nearly impossible to predict. Will it be the first of the month like clockwork? No. Will there be dumping? 1000%  Management's failure to perform and their uncanny ability to continue to dilute shareholders has created a black hole that will be nearly impossible to escape.  THAT'S WHY WE'RE AT 12 CENTS. I don't know who

[shneps]

The tonnes of paper looking to bail will be the reason behind any share price increase and then retreat back. Pump and dump to bail.

[Blizzy420]

He looks for that shred of doubt and tries to exploit it.  His games are obvious and overplayed.   Another toxic player in the cannabis sector.   Beware .