Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
once distribution starts along with wider EU acceptance (medical certification) this will fly, be patient this may not start to flourish for another 3 months...
https://www.proactiveinvestors.co.uk/companies/news/942033/kanabo-higher-as-it-signs-first-uk-distribution-agreement-942033.html
KANABO " Our Patented VapePod"
Kanabo CEO Avihu Tamir stated: "We are looking forward to an enduring partnership with CiiTECH, which has already established a powerful presence in the UK. As terpene-based CBD formulas gain greater recognition, our collaboration with CiiTECH to create targeted terpene formulas for our patented VapePod™ device is paving the way forward for non-THC medical cannabis products."
what sales have been achieved since 2018?
From Kanabo group website
The VapePod vaporizer is produced in a certified GMP medical facility in full compliance with ISO13485, setting a new medical standard, engendering trust and ensuring peace of mind for our global clientele. The device was approved in 2018 as a medical device for cannabis extracts by the Israeli Ministry of Health, and is the first-ever medically certified vaporizer for the delivery of cannabis based formulas.
Question: is there still a flood of 10p shares waiting to hit the market, or has this passed as of Jan 29th?
found this on ADVFN "18.10 RTO Warrants Pursuant to a warrant instrument constituted by the Company on the date of this document, the Company shall, conditional on Admission, grant a warrant over one new Ordinary Share for every two Ordinary Shares registered in the name of an existing Shareholder of the Company as at the Record Date Of The RTO Warrants. The warrants granted under the terms of the RTO Warrant Instrument shall be exercisable in the period commencing on the date of Admission until the date 12 months after the date of Admission. The warrants shall be exercisable at 10 pence per Ordinary Share. £367,501.50, in respect of the grant of warrants over a maximum of 14,700,060 shares of the Company, such warrants being granted to shareholders of the Company as at 5 p.m. on 29 January 2021 (being the date of publication of this Document) (the “Record Date Of The RTO Warrants”) so that each shareholder will be entitled to receive one (1) warrant for every two (2) Ordinary Shares held by them on the Record Date Of The RTO Warrants (the “RTO Warrants”);
I only got into this stock last week. were warrants available to buy before the ticker change to KNB? if so what are the exercise conditions, volume and price. This could pull the price down for a while if they are exercised to IPO value.
I can only find historical mention of warrant which have expired. but I do recall seeing a post on here with 3 sets of warrants detailed, along with volumes etc.
https://www.investegate.co.uk/spinnaker-opports/rns/option-award-and-warrants-update/202006150700088806P/