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https://www.***************************/sativa-wellness-group-cbd-therapeutics-business-achieves-the-highest-food-safety-standards/412964895
MPBUK.....its saying that they have acquired full ownership in Romania.
Morning Alarno. Where did you read that? I can see they have bought somewhere in Romania, but is that ours? Wasn't this the relationship that went to the high court and was resolved recently? Wasn't this the deal that would secure millions a year in sales?
Looks like we have sold our 49% stake in Romania to Dragonfly Bio. That should see funds coming in for other areas of development.
All those buys from earlier in the week seem to have gone back out of the window.. Disappointing. Just as we were starting to see some movement... Dilution..
When I said 'I get' i meant those are the number of shares that will be added to the total number of shares in circulation at the moment not we as existing shareholders get shares. Sorry for any confusion.
I am crap at posting these links....ha......another directors talk from Geremy
https://www.***************************/sativa-wellness-group-shares-very-attractive-when-compared-to-cellular-goods-and-kanabo/412963972
Ha! I wish Mulaa! Where did you get that from? Barravellis comment? Please let this be true...!!! Ha.
Is this right? we get shares back??
https://www.birminghammail.co.uk/special-features/cbd-oil-dragonfly-cbd-aims-19658397..... Dragonfly have massive exposure to the high street and we now have an agreed supply agreement
Unless I've worked it out wrong I get 76,190,476 new shares if all warrants are exercised?
How much will we be diluted?
See the links below for reasons for fund raising purposes. Also, the fund raising will dilute our share ownership. Hence the drop from $0.14 to $0.10 yesterday.
Could anyone please explain the fund raising and what this may mean for the SP ? I am hoping its to further develop the business and not to just line a few pockets.
How many shares will there be after this private raise?
https://www.pinterest.co.uk/pin/484488872414055770/ .......2 minutes in
Evening Alarno. Where did you read the details of the deal? I was a little perplexed by the fund raising... Certainly dented the SP today. I guess there is a bigger play here. Let's face it, there has been more action in the last week with Geremy back in the seat than the previous two years...
Dragonfly settlement is a BIG deal. Previously $40m over 3 years with Stillcanna. We also own 49% of the Romanian plant. This will be a big step forward once the details are revealed. Disappointing that they are fund raising at this point though.
Seems to have had a negative impact on the SP here and over in Canada... One step forward..