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Bullboard - Stock Discussion Forum VIVO Cannabis Inc. VVCIF

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical... see more

OTCQB:VVCIF - Post Discussion

VIVO Cannabis Inc. > .... a raise
View:
Post by couver on Oct 06, 2020 4:18pm

.... a raise

a raise at 0.15

be careful who you listen to around here

what a joke
Comment by Schaffhausen on Oct 06, 2020 4:45pm
I'm genuinely surprised by this action.  This seems idiotic to raise at 0.15 when you make the statement on page 14 of the prospectus: "On the basis of the foregoing, and taking into account its expected revenues for the noted 12-month period, the Company expects to be able to continue operations using it's currently available non-contingent resources for at least the ...more  
Comment by penwin66 on Oct 06, 2020 4:54pm
I hope they have something lined up. this series is moves is confusing otherwise
Comment by couver on Oct 06, 2020 5:11pm
if it was positive and "an immediately accretive aquisition" would they be scraping the bottom of the barrel to fund it in a panic?
Comment by Dime2dollar on Oct 06, 2020 6:40pm
Pure. Disappointment. A raise at the lowest price in company's history, it makes absolutely no sense. It appears this action could have waited. I am no longer a long holder and will be selling this in the q3 run up. Good luck to the rest of you longs
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