Westleaf Inc. WSLFF

Shorts Have Covered

[Skyman]

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

[forfun]

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

[Skyman]

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.

[forfun]

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... ?

[Skyman]

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.

[sotypical]

This post has been removed in accordance with Community Policy

[Canuck21C]

#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