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Wrong.
They’ve made claims about having operations running in multiple states/countries only to fail miserably. Although they didn’t really fail, the criminal insiders got millions and shareholders got what you’d expect, pendinf bankruptcy. Sorry, it’s over.
Lmao, still haven’t competed the two buildings, which is a result of inept management and the people of Celista realizing the corrupt criminals involved in this company will destroy their beautiful town.
Zero chance they get a license, especially since they are effectively bankrupt.
Incredible how it could be interpreted as a “bond.” I truly have no words. Anyone “investing” in marijuana stocks with this lack of basic comprehension will be wiped out. Trade into February earnings pump, that’s it.
Wrong.
Proportional Voting Shares are employed to maintain Foreign Private Issuer status with the SEC by reducing the absolute number of shares held by US persons. As an American company listed on a Canadian stock exchange this provides simplified regulatory reporting. Without that status Schottensteins would be required to report and file in both Canada and the US which would be overly expensive and burdensome. Proportional Voting Shares are not Super Voting Shares, meaning the effective voting and economic interest of the holders are unchanged. Proportional Voting Shares (PVS) are immediately converted into common shares at the time of a trade in the market.
OVERVALUED BASED ON IMMINENT BANKRUPTCY...
In other words, Marapharm/LIHT/Citation will not be getting a retail license, creating another void in the business model put forth by the fraudsters aligned with this company.
Bankruptcy coming to a theater near you...
It’s terrible really. I expect to hear results of grand jury inquiry soon, which will likely result in indictments being issued.
Company is still worth $.075 split adjusted making it a top five LOSER MJ stock. I expect bankruptcy proceedings to begin by February 2020 since debt default has already occurred and funding has dried up.
There will absolutely be recreational on the ballot in November 2020. It’s why you won’t see a buyout of any FL companies until AFTER voters approve the measure. Company knows this and will likely only entertain offers prior to November at 3-4x current valuation.
Literally none of that is due diligence. Sorry, bankruptcies are going to be common place among Canadian non-revenue generating companies such as this scam. No Canadian license, limited grow op in US, LOTSSSS OF DEBT = BANKRUPTCY. ENJOY.
Still over here? MRMD will never be a player, far to connected to known criminals.
I thought the Jewish culture was known for their frugality?!
Funny to see them flush millions down the toilet, but with the Honig connection it's not likely this will ever see serious traction. Too scammy...
LMAO if they had anything of value to sell it would have already been sold for 1/2 of what they paid because it's all profit to the insiders who will scam their way into being the only "shareholders" to profit.
Bankruptcy 2020!!!!!
Old news? The company states it will default on a loan less than a month ago, which will put it in foreclosure. LMAO, that's literally admitting they are currently bankrupt.
LMAO
Should have noted net 75-100M and we get paid out cash in form of special dividend? If you remember the Calissio special dividend you know this can be lucrative. I was at Bristol back in 2015 when I got paid out for that beauty of a special dividend. Best fraud I've ever seen. Love it!
New company shares and possible spin-off/special dividend of TRTC assets? What's not to like about this?
Sell off all of TRTC for $75-100M and shareholders get new OneQor shares? If you've ever been to Reef dispensaries in Vegas you know this new guy is legit. Plus essentially get rid of DP? I'm back in, this disaster should clean up nicely.
PER COMPANY PR, Company will be bankrupt within six months.
KELOWNA, BRITISH COLUMBIA - October 18, 2019 - Citation Growth Corp. (CSE:
CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed cannabis cultivator and producer announces that the Company has been provided with a notice of default on the debt with NPI Debt Fund II secured by a deed of trust in the principal amount US$1.9 million and demand for payment of past due interests, fees and expenses of approximately US$459,000 on or before October 31, 2019 (the “Default Notice”). If the Company fails to remedy the Default Notice, it will be given a notice of foreclosure sale under the deed of trust.
AND ANOTHER 52-week LOW!!!
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
Congratulations on the 52-week low today!!!
CLASS ACTION LAWSUIT FILED JULY 11th, 2019
CLASS ACTION AGAINST CITATION
LOOK AT ALL THAT CONVERTIBLE DEBT!!!! Enjoy the trips...
Current portion of notes payable – related parties, net 819,863
Current portion of notes payable, net 406,306
Current portion of convertible notes payable, net 488,141
Think less than a week...INTL been absorbing retail whack jobs for last 5 trading days.
New 52-week lows!
NO CANADIAN LICENSE TO EVEN GROW NOR WILL THEY EVER GET A LICENSE BASED ON THE CRIMINAL ACTIVITY OF EXECUTIVES.
THE DISPENSARY - NOT AVAILABLE IN RENO OR HENDERSON.
More embellishing once again.
Gap fill at $.3719 is possible, but give it 23 minutes. If no gap fill, back up we go.
See y'all at $.01
VALX enticing more soon to be TGODF retail into buying on the ask. Sub $2 today, then off to the races to new 52-week lows.
Enjoy...
52-week low coming. Huge dump should bring this down to $.10, then it's off to the races to $0!
Wait until the oversupply issue hits this turd and they have 1000s of KGs of "organic" MJ rotting in their vaults. LMAO, Canada's MJ industry will be the laughing stock of the world once US goes legal.
100,000,000s of shares coming at you, enjoy!!!
Well aware of the role VALX plays. Has nothing to do with ACB dumping and everything to do with MC compared to actual revenue.
Sure it is, sorry but VALX is a fake bid roping retail investors into buying on ask. It'll be pulled once the dumping begins.
As I noted, 00s were coming and give it some time, but 000s will be coming next. AS increase will likely be filed within the next month or so.
Enjoy...
Time to buy this again for run into October pump.
$2 break coming, bidding $1.70USD, pain isn't over yet...
Look at that VOLUME of ZEROOOOOOO shares. EVERYONE knows this is a share selling scam. GAME OVER FOLKS!
Anyone watching L2 right now knows exactly what's happening. If you aren't buying for this Mexican legalization pump that is coming you're gonna miss out on a nice 100% runner.
Expecting news regarding Mexico contracts in the next few days, which will be the beginning of a one month "awareness" campaign.