Bullboard - Stock Discussion Forum Westleaf Inc. WSLFF

Westleaf is a Canadian cannabis company focused on cannabis brands, extraction and production of derivatives, wholly owned retail, as well as cannabis cultivation. The Company’s extraction and processing facility, The Plant, will produce high quality and consistent cannabis derivatives and consumables, both for Westleaf’s in-house brands as well as white label products. Westleaf’s retail... see more

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GREY:WSLFF - Post Discussion

Westleaf Inc. > Shorts Have Covered

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Post by Skyman on May 23, 2019 2:49am

Shorts Have Covered

Short position has reduced from 3,558,739 (on Apr 30) to only 271,733 (as of May 15.)

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Comment by forfun on May 23, 2019 10:05am

3,250,000 shares were covered and we're now hovering within 10 cents of 52 week lows? How does that even make sense?

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Comment by Skyman on May 23, 2019 4:59pm

forfun: Westleaf is already trading at an all-time low. The "previous low" shown on the chart relates to a different company called IGC Resources. IGC was a dormant shell with no assets, occasionally trading at 1.5 cents per share. The company was rolled back 29 shares to 1 when Westleaf purchased the shell for just less than one million dollars in order to gain a stock exchange listing. ...more

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Comment by forfun on May 23, 2019 5:24pm

Thanks for the clarification. I quickly looked @ 52 week and should have put 2 and 2 together. Even more alarming now. I wish Management would release some type of info? An update... ?

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Comment by Skyman on May 23, 2019 5:28pm

While I'm on the subject, I should have mentioned the current shell I have been accumulating. MYR. Same thing exactly. The shell is trading at 1.5 cents, and is being shopped to a native cannabis group in California so that they can gain a stock exchange listing. I have been in touch with the acting CEO (P.H. from Gunpowder Capital), and they are still waiting for "a definitive agreement. ...more

150

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Comment by sotypical on May 23, 2019 11:59am

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Comment by Canuck21C on May 23, 2019 12:42pm

#sotypical, he could have got the figures from CEO.ca. Symbol Issue Name Shares Net Change Date $WL.V WESTLEAF INC. 271,733 -3,287,006 22 May 2019 $WL.V WESTLEAF INC. 3,558,739 1,699,343 6 May 2019 $WL.V WESTLEAF INC. 1,859,396 1,358,621 22 Apr 2019 $WL.V WESTLEAF INC. 500,775 362,306 5 Apr 2019 $WL.V WESTLEAF INC. 138,469 34,119 21 Mar 2019 $WL.V WESTLEAF INC. 104,350 -233,193 6 Mar 2019 $WL.V ...more

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Westleaf Inc.