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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 > trading halted for news
View:
Post by justinpaul on Oct 12, 2018 9:33am

trading halted for news

Trading halted for news
Comment by HandyAfterall on Oct 12, 2018 9:35am
Hopefully halted for a better reason than to announce closing of the money raise have fun, handy
Comment by justinpaul on Oct 12, 2018 9:43am
We can only hope, would be a weak reason to halt
Comment by HandyAfterall on Oct 12, 2018 9:58am
Iront know if the exchange requires it or not, but snn has a habit of halting to announce money raises, as well as their closing. 
Comment by Saintlyface on Oct 12, 2018 10:07am
This post has been removed in accordance with Community Policy
Comment by HandyAfterall on Oct 12, 2018 10:15am
Are you being sarcastic?  Sell what?
Comment by URLaughable3 on Oct 12, 2018 10:17am
Not sure how they get a License to sell prior to getting a License to Produce, prior to having the necessary building progress and associated infrastructure to appease the gov't checklist.
Comment by HandyAfterall on Oct 12, 2018 10:23am
By the sheer power of holler, that’s how!
Comment by Saintlyface on Oct 12, 2018 10:27am
This post has been removed in accordance with Community Policy
Comment by HandyAfterall on Oct 12, 2018 10:54am
How long does it take to release that the money raise has closed?  Or are snn strategically waiting for the sector run that’s happening to end?   Don’t mind the snark...I’m long snn...but it’s been one of the more frustrating stocks I’ve owned have fun, handy
Comment by justinpaul on Oct 12, 2018 11:08am
Interesting operational update...  total share count now by my count is ~36,000000 with ~10,500,000 reserved warrants/options, looks like they are using most of the bd money to complete phase 1 on Canada greenhouse.  And are open to jv’s or sale of Canadian side, and pursuit heavy into Cali.
Comment by sunrize on Oct 12, 2018 4:40pm
@HandyAfterAll: You mean all these halts don't get you excited? C'mon man.... :-) #haltwhenhollerfarts
Comment by GOTMONEY on Oct 12, 2018 10:08am
It's for the close. It's not a weak reason. Before they announce anything else, they must close the BD. That is because underwriters in these agreements have an "out" in case of material changes, so companies don't risk it and customarily withhold any material change announcements. Once the BD is behind us (today), more interesting news can start coming out.