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Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

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

GREY:SNNVF - Post Discussion

Sunniva Inc > SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING
View:
Post by RYGnews1 on Aug 28, 2019 6:16pm

SUNNIVA ANNOUNCES USD $7,500,000 DEBT FINANCING

GLTA!

https://ryghub.com/2019/08/sunniva-announces-usd-7500000-debt-financing/
Comment by rborhi on Aug 28, 2019 6:40pm
Just brutal, what can you say.  I'm staying away until there are clear signs of a turnaround, which is still possible given they've come this far.
Comment by TrendSwapper on Aug 28, 2019 8:52pm
Does this not value the stock at 1.33?
Comment by weedstocks83 on Aug 29, 2019 1:59am
This post has been removed in accordance with Community Policy
Comment by URLaughable3 on Aug 29, 2019 9:35am
Depending on exchange rate yes, but no less than $1.30. A positive from the release, 6.5M shares out of 7.5M already went to insiders and initial investors. That tells me they are more than happy to ride out the wait and cash in down the road. 
Comment by JMark80 on Aug 29, 2019 11:10am
They're not shares, they're promissory notes (10% annual interest) with 1.11 warrants per unit that have a $.90 USD strike and 24 month expiry. Since when is stock price based on warrants?
Sunniva Inc
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