Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

So when is the Sunniva Campus supposed to be ready? I still don’t see any of the cameras or videos pardon me...can anyone post a link? whats going on over there? I know management owns a lot of shares - they also participated in the financing I believe in December (10% interest was it?) How much cash on hand? what does the CEO make?

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Comment by Fabnaps on May 02, 2019 10:13am

The problem I always thought with this company is that they do Not own the facility unlike all the other pot companies which are directly involved in the construction...i get it that management is “not in the real estate business” but now look at all the delays!

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Comment by EFW5370 on May 02, 2019 10:29am

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Comment by nixxem on May 03, 2019 11:19am

When a company has a large net worth major shareholder its common for that shareholder to set up a seperate land holding company to lease the land & or property to his own company. I think if you peel back who owns this location that sunniva leases from we may be enlightend.

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Comment by EFW5370 on May 03, 2019 11:40am

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Comment by EFW5370 on May 02, 2019 10:24am

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Comment by Fabnaps on May 02, 2019 1:25pm

I saw the YouTube vid thanks for posting it. At one point snn was one of my largest holdings but that was because they had the Canadian campus + deal with Canopy...once all the delays and the deals were eliminated I cut my position. i was under the impression Cali was going be functional last year and now I can’t even see real time what’s going on anymore because they took the down cameras. ...more

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Comment by EFW5370 on May 02, 2019 2:28pm

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Comment by Fabnaps on May 02, 2019 2:47pm

Do you know how much money they have raised thus far?

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Comment by GreenSheep on May 01, 2019 4:49pm

https://seekingalpha.com/article/4258234-sunniva-inc-snnvf-ceo-anthony-holler-q4-2018-results-earnings-call-transcript?fbclid=IwAR2l_j5vVQ1nxJnxGjVMqBh-ikXCEiY17tV66W2MLGdgoYYALGuXQQlXS50

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