Post by
deepoil0808 on Nov 03, 2021 4:11pm
SOLD
For transparency purposes I am providing this post.
I made a decision to sell my entire position based on the companies intention for a 1 for 15 reverse stock split and, their intention to raise additonal funds.
My intention was to have a material position in the company and, to benefit from good results to be announced, which would have sent the stock rallying.
However that has changed with the reverse stock split vote. It will dilute my position by 15 times and, it also indirectly confirms that company is in need of cash, which to me means they are still at a loss in their operations.
I had counted on a profit, not a loss.
Also there is an issue with 3 cubes, 2 in California with authorities and, 1 in Hampton East. There is also bitter feud with blowfish and, ending of deal was never announced. Website still shows blowfish. Plus one last additional point was the failure to close latest PP or, to even announce what happened to it.
But the tip of the iceberg which convinced me to sell is the REVERSE STOCK SPLIT.
Good Luck to the rest of you,
Disappointed but relieved to be out of here. This board is also very toxic.
My personal opinion,
Comment by
Abovetheflay on Nov 03, 2021 4:38pm
This sounds a lot like something written by HiddenSecrets... here comes the flip flop from booster to basher.
Comment by
burnout29 on Nov 03, 2021 6:06pm
This post has been removed in accordance with Community Policy
Comment by
Abovetheflay on Nov 04, 2021 2:05pm
Hidden/Deepoil just proved your point... they are the same person and the flip has happened again... Pumper to dumper.. Like clockwork..ha.
Comment by
Frosted on Nov 04, 2021 2:35pm
For sure. My guess..... Sarb99 What;s sarb's name on ceo.ca???