Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > This "Dispute" is so screwed up
View:
Post by sunrize on Nov 27, 2019 8:34pm

This "Dispute" is so screwed up

1, The press release says "On November 25, 2019, the Company received a 30-day notice of termination and a notice of default from Sunniva Production Campus, LLC for items related to payment of outstanding balances and failure to meet certain conditions of the build to suit lease agreement for Cathedral City Glasshouse"

Termination of what?
Default concerning what?
How much are the outstanding balances?
What conditions did Sunniva fail to meet?


None of the above details were disclosed by the company. Not a single question was asked regarding these very important details (not Ted, not the other 2 ANALysts either).

Just goes to show how BLIND people are, following this company and believing Holler. We need details and w/o those, it is like flying blind.



2. The press release also says this "In addition, the Company received a notice of default from a promissory note holder for not applying a certain portion of the note proceeds to agreed upon outstanding amounts."

What? What? What?

Who is this promissory note holder?
What are the outstanding amounts?
How much does Sunniva owe this promissory note holder?
Are there other promissory note holders who will now come out of the woodwork to serve more notices of default?


No questions were asked about this. No details were given by management. Everything got swept under the Barker notice.

God, this is just unbelievable. 
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities