Bullboard - Stock Discussion Forum Gaby Inc GABLF

Packaged Foods Cannabis

GABY Inc. is a Canada-based company, which has retail focus and is the owner of the Mankind dispensary in San Diego, California. The Company packages and/or markets, for its own proprietary brands, as well as for third parties, a variety of cannabis products, including flower, concentrates, pre-rolls, edibles, topicals, tinctures and other products derived from or infused with cannabis or hemp.... see more

Add To Watchlist

GREY:GABLF - Post Discussion

Gaby Inc > Forward Looking

View:

Post by olive15 on Jan 10, 2020 5:18pm

Forward Looking

I watched this stock fall from .40 to .06. And suffered b/c I'm a shareholder. Still, insider activity tells me that this company is far from dead. Rather, they seem to be setting the stage for a runup. Facts:

Nov 13. Charles Mannix appointed as a Director. Mannix contracts to buy at least 500k of GABY shares on open market between now and May at prevailing market rates.

Nov 15. Aaron Browe, VP, buys 25m shares at .13 (cost $3.25m).

Nov 20. Matt Bartlett appointed as a Director. Matt is a partner with Merida Capital (https://www.meridacap.com). Merida dropped 10m into Gaby in a June, 2019, equity raise @ .30 cents/unit. Having lost near 80% value (or about 8m) based on current share price, Matt and Merida have a vested interest in recouping their paper losses.

Dec 5. Mannix buys 2,232,143 shares at .112 (cost 250k).

149