Sixth Wave Innovations Inc SIXWF

The German View...

[throwaway11]

https://www.wallstreet-online.de/diskussion/1320607-1-10/sixth-wave-innovations-inc-wkn-a2pk5x-isin-ca83011y1088-ticker-symbol-ahuh#beitrag_71308020

seems like there is some agreement from the german investors that they believe the stock was being manipulated or price controlled in some way to pave the way for a predatory financing.

[maybe111]

Obviously, our sellers from Anonamous and TD were intent on driving the stock down, and still are.  Why they might do so is beyond understanding unless they are out to slow down the implementation of this technology. Many millions of dollars have been spent and are on the table for companies in the cannabis space.  Should this tech work as promised, this money is dead money. Also

[throwaway11]

the best case I have against this is to look at the share capital in SIXW's latest interims. There is basically no source of paper beneath the mid 0.20's. Sorbie-Bornholm is the first to do a private placement at such a low price and they seem to have timed the bottom.

[maybe111]

There is still some 6 cent paper from one of the original investors.  From some calculations it is now somewhere less than 2M shares.  I could be wrong on the number.  And, that individual trades on the exchange suggested by Anonymous.

[Onadime]

Still buying this at 13 cents. Think it's worth the risk. One NR on sales this easily back to .40 cents or more  IMO 

[throwaway11]

Gluckman will be happy you are buying shares at 13 cents while the company needs to do capital raises on unusually generous terms at 0.12 because he's paying himself $400k per year. 

[throwaway11]

Just to be clear are you talking about shares invested in Sixth Wave as 6th Wave prior to 2020? Or are they shares related to the company whose stock Sixth Wave overtook? Could you provide a link to where you are seeing this? Thanks.

[maybe111]

If you look in the original prospectus you will see the original financing structure as well as the genesis of this company.  Basically, the original group picked up a shell and set up financing for the original tests for cannabis products before there was any business discussions surrounding the integration of the US based "Sixth Wave" organization. Those original founders had what

[throwaway11]

Since Feb 11 2020, a net of ~28m shares have been sold by Anonymous (out of a total 41m). The 0.065 common share warrants, of which there are less than 28 million, would've been exercised a long time ago (as they had the right to be). Yet here we are, Anonymous is still regularly dumping. I have to say, It has created a strong sense of FUD, and now I see retails (questrade, bmo etc) trying to

[maybe111]

Not all Anonymous sales were from one source.  You need to check out sales from TD also.  In any case, they have sold another quarter of a million today so far or somewhat more.  There simply cannot be many left.

[throwaway11]

I know, maybe11. But they are the only ones who would have sold it with any substantial profitability, hence my reference to the placements detailed in share capital (By the way - where is Q4 2021?). The other holders of stock below 0.30c have had two years to exit profitably. IMO with the total number of anonymous shares sold, they probably have. This leaves the vast swaths of shareholders who

[maybe111]

This seems to be a concerted effort by someone or group.  Shares in this volume don't come from just one or two sellers, which is obvious here, unless there is a purpose. Well over 250,000 came out today alone.  Consistently, the sales are by the thousand, from Anonymmous or TD to a single buyer, with many trades at the same trade time.  Not rational at all to segment your sale

[beenthere]

You guys seem to have a good feel what's going on here. This is a long shot but it never hurts to ask. As it seems I have been screwed over by my buying of SIXW. Right around the same time I also bought into VST and TSF who both started out not too bad but have become serious dogs!! Ok! So I admit I am King of the Bag Holders! Just wondering if there was any connection or if you guys got

[throwaway11]

TSF and SIXW were both clients of ECMB Capital Partners. I don't know exactly what ECMB did for both companies; whether simply providing advice or something more hands on in facilitating financing for them. Seems like the stocks of both companies have suffered in synchrony.

[maybe111]

I spoke briefly with these guys and the only comment I got was that "John loves all of his children".

[throwaway11]

great, what is this, some kind of a jonestown thing 

[maybe111]

What kind of response is that Throwaway?  It means, John has people and products that become important to him and he doesn't want to give them away.  It may be a problem but it could very well lead to great success.  I guess that we will have to wait awile to see.  Maybe that was the reason that prior management hopefuls took their rejection so badly.  A sale of one

[maybe111]

Two very different companies. TraceSafe has had a runup in sales and, it would seem, be due a higher share price.  However, contact tracing has fallen off the table as a requirement by governments and is generally not a thing that people like i.e. privacy issues.  They have fundamental problems. However, SIXW has a very interesting technology that goes well beyond anything out there