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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 > 99 cent sale soon!
View:
Post by Jordantrademark on Aug 21, 2019 10:45am

99 cent sale soon!

unbelievable how this thing can't hold up :/
Comment by JMark80 on Aug 21, 2019 11:05am
Not really a surprise. If sale of SMI falls through, how many shares will be issued in the next financing and at what price?
Comment by JMark80 on Aug 22, 2019 1:49pm
Board is quiet these days. What happened to all the perma bulls?
Comment by mulletator on Aug 22, 2019 4:30pm
Yup, we're definately in a bad spot here.  Your short position was a good move.  Don't act like you're the f@cking messiah though.   It's sobering to see the mistakes that SNN has made.  I wish I shorted too.   On the postive side, construction is still going full speed ahead.  The company is rapidly running out of money but the show must ...more  
Comment by JMark80 on Aug 22, 2019 7:54pm
I've never shorted sunniva, and I definitely don't act like I'm the Messiah. However, these mistakes were easy to see a long time ago, I have no problem calling out any of the pumpers who wouldn't let anyone post a critical opinion of the company. URLaughable, Sunniva4life, etc...
Comment by CannabisInvest on Aug 28, 2019 4:08pm
Got out a long time ago, but like to see how this progressed.  Writing was on the wall a year ago when IR left, look at stock price since then....
Comment by TrendSwapper on Aug 22, 2019 9:48pm
It was comforting to see that the CEO and CFO participated in the bridge financing. At that point they know the NR about delays was coming out, so obviously they have strong confidence for the future.
Comment by JMark80 on Aug 23, 2019 9:29am
Really? It just means they're confident they'll be paid back in 6 months (with interest). The "free" warrants may never be exercised.
Comment by greatwhitehope on Aug 27, 2019 11:00am
If they had confidence in the company, they would have issued stock instead of promisory notes. 
Comment by JMark80 on Aug 27, 2019 11:49am
This guy gets it.
Comment by canuckinvestor on Aug 28, 2019 5:41pm
No because they would dilute shares Unfortunate of the delays but hope this is rock bottom 
Comment by UPswingTRADERS on Aug 24, 2019 5:35pm
This post has been removed in accordance with Community Policy
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