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Bullboard - Stock Discussion Forum Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.

GREY:PRCNF - Post Discussion

Pure Global Cannabis Inc > Pure shares should trade below 0.07 soon
View:
Post by mtgfree1 on Nov 28, 2019 10:27am

Pure shares should trade below 0.07 soon

Company value shares at 0.0711
Comment by mtgfree1 on Nov 28, 2019 10:33am
Company value at 0.071 why would you risk buying higher  jonasss you are loser 
Comment by pickedaname on Nov 28, 2019 10:56am
You were just saying how this stock is way undervalued, 37 minutes later you advise people to dump and run. They cashed in 197k now and it will cost them 348k in 3 years 4 months. If they cannot come up with that amount in 3 years, I will come back here and eat crow. As for me, I will wait and see if this pattern of debt continues or they perform.This is a gamble, a risk and I am going to take it. ...more  
Comment by ezemoney on Nov 28, 2019 11:12am
Alumina financing bad move.  They have no hold period to sell.  THC used them and I saw the selling carnage.  I pay 7 like them.
Comment by AREKAY1 on Nov 28, 2019 12:47pm
Take a breath please. First, there is a “hold”— it’s 4 months from date of issue (which hasn’t happened yet); 2. .071 does not reflect the “value of the company”, it reflects (the admittedly high) cost of credit. 3. Alumina is not ideal. It reflects the tight credit market— mgt has acknowledged that. This is high cost financing as a stop-gap pending non-dilutive financing which mgt says it is ...more  
Comment by MSHALjsodaas on Nov 28, 2019 2:23pm
Comment by ezemoney on Dec 03, 2019 4:53pm
Misinformation is actually coming from you!! I know these guys Alumina and from what I have seen they are trouble. On November 22, 2019, Alumina and a shareholder and the Company executive (the “Lender”) entered into a securities loan agreement in the form and content agreed to by Alumina and the Lender pursuant to which the Lender has agreed to lend Alumina 2,777,778 free trading non-restricted ...more