Post by
biotech1973 on Jan 16, 2020 10:17am
why is COO dumping 20k everyday
This is the main cause of this disaster. Company with 25Million annual sales and 50 Million cash in bank is sitting at 66miiin market cap. Lol. Dont forget that this company is older than Weed and probably one of the first to get license. Produces finest grade Cannabis in the industry but COO and insiders are dumping it. Anyone knows why?
Comment by
Buddyboy on Jan 16, 2020 10:29am
Nobody will know why. I think it was just setup that way to compensate himself for the sale of cannafarms. I think the selling is suppose to stop this coming August.
Comment by
Nickyfee on Jan 16, 2020 10:31am
LAFLAMME did a stock only deal for canna farm and set up an arrangement to sell 20k shares per day
Comment by
biotech1973 on Jan 16, 2020 10:47am
Then why is this so low. I bought this for 98cents and sold it for 1.73 back in 2017. I recently started my DD on this again and found this Dirt Cheap for the reason that this has same cash as market cap plus sales and best technology and stains in the sector. Sales with Canna farms can hit almost 60-80Million this year alone probably more