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Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

GREY:SNNVF - Post Discussion

Sunniva Inc > Short term catalysts?
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Post by ThePDawg on Sep 04, 2018 10:00pm

Short term catalysts?

Hey, does any feel there are any short term catalysts to get this moving in the right direction?
If it is not participating in this sector rally, I’m not sure what is going to get this moving.
I’ve been long since the beginning but this is the least confident I’ve felt on this one.  Any thoughts?
Comment by RoughStart on Sep 05, 2018 12:16am
Judging by the conference call responses I wouldn't count on it. As usual of late silence from management. Where is the financing? Why is the cali production late? what is the plan for the spin off? This thing is starting to catch the poo bag on fire and the share holders are the ones stomping it out unfortunately.
Comment by scopro on Sep 05, 2018 5:23am
Worst case scenario they'd have to dilute, meaning next summer's share price would be $60 rather than $80, for example. (SNN is a highly undervalued company, and will reach production in Canada regardless of financing, imo).
Comment by Bluechip2 on Sep 05, 2018 6:39am
the investor concern over Okanagan financing has been overplayed to the SP detriment. Construction is progressing nicely, Sunniva has avoided additional dilution to date, and Canopy is of course in the loop as to the progress and their interests in this development. Sunniva was never meant to be a legalization play, but is positioning itself nicely for the US market impending boom. California ...more  
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