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Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > over 2.2 million volume so far today
View:
Post by HowdyBob on Jan 28, 2020 1:39pm

over 2.2 million volume so far today

that's something, volume is something lol
Comment by ashleigh64 on Jan 28, 2020 5:03pm
howdy, shazam, vision, and whomever else, what do you make of all of this anon selling? - ashleigh
Comment by vision2050 on Jan 28, 2020 5:11pm
My guess? MCAP keeping the price low to increase their leverage on the debenture negotiations.  Same overarching theme that brought us from <$0.50 to $0.05. 
Comment by Shazam57 on Jan 28, 2020 5:21pm
This post has been removed in accordance with Community Policy
Comment by Botanist on Jan 28, 2020 6:10pm
MMCAP are underwater with their investment in us. Between July and Sept they sold 2.9m shares at a loss. They are left with 4m shares they paid 50c for. https://webfiles.thecse.com/sedar_filings/00005840/1910101327403402.pdf They have been earning a healthy 10% on the $12.5m debenture interest, a fund can't afford to have under performing assets, they need to do something. IF they do ...more  
Comment by HowdyBob on Jan 28, 2020 9:10pm
Are they underwater though? they are pretty smart. According to the Jan Alternative monthly report they didn't own those shares that were reported sold. In the Jan 2019 report for Oct 10 2018 they had sold almost 3 million shares on the CSE open market and used 3 million march warrants. The stock hit a low 40 cents in summer of 2018 then went up to over $1.00 after legalization. Did they have ...more