Medbright AI Investments Inc (MBAIF)

[B0RGS]

I've already voiced my opinion recently, so I can't offer much there, however, I would like to point out a few things regarding our current PP that might be worth considering. As you are likely aware, earlier in the year MJ biopharma closed a non-Brokered Private Placement for gross proceeds of $2,083,400. This placement included 10,417,000 shares at a PP of $0.20 (~$0.15 USD) that were on hold until May 10th. By my calculations, since May 10th we've seen a total volume of 5,060,717. Even if every single one of those trades were from those involved with that placement, they would only amount to ~48.6% of them. That means that the majority of those invested through that placement are currently sitting at a loss just like we are. I would assume those involved would be more "in the know" than anyone here, so if anything were wrong, why haven't they sold through VNNYF yet? Also worth considering is the volume we've been seeing over the past week or so. It might seem reasonably high to some, but given the absurdly low PP, it doesn't amount to much.Take yesterday for instance, we saw a volume of 45,000. At an average price of $0.14, only a total of $6300 traded hands, a pittance IMO. We've been seeing that sort of volume over the past 9 days.