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Problems - please read
I told you it was just a matter of time. The shorters already started causing panic and are trying to manipulate in the other boards I am member of. Be careful. Do your due diligence. Don't let their comments change your mind. Nobody here wants to cause panic. You will recognize the shorters checking out how old / new their account really is and how negative they are with this stock without presenting any solid reasons behind their arguments.
These guys already started writing that the stock will go down. It is just a matter of time for them to come here and write the same stuff here.
Legend , up/down - let's be careful with this people showing up. In the other boards you had an option to block our user. I can't find that option here.
I believe in this stock and I believe in the potential it. We are all long here.
Good luck to us all
No tripping Up/downTrader.. just wanted some comments from our gurus in the board.. I am totally long here.. will add more once I get some more cash.
So Legend / Up/DownTrader / jersey... what is the angle on this one?...
People who know the history of Sproutly know that the technology is there, seems pretty solid and that news is coming in 2 weeks time...
The volume of the past 45 minutes is already ~50% of the average daily volume of the past 3 days... and the price is down ~4%..
what do you anticipate and the end of the day board? I think it might end up flat today or with a kicking in the last 2 hours of trading day, up by 1%.
Any comments?
GLTA
yep.. same here... This is a buy and hold strategy... Glad to have you on the board...
Jersey.. what is your forecast for May or end of year for this stock if there is a good deal announced this month? what are your thoughts?
Comments pre market from this guy...
our sproutly looks solid..
Check this chart out for today...
https://www.tradingview.com/chart/SPR/nEtO7Wx6-CSE-SPR-Daily-equilibrium-still-in-play/
GLTA
No. Thank you legend for moderating this. But beware... A-holes will come to bother this group... Its just a matter of time.
Good luck to us all.
This below is a cooment from another board.. A response to a shorter who wantes to create confusion and manipulate us... Will be useful for us here... Glta!,
-----
After large break out on huge volume the fact SPR didn’t immediately give back 65% of the move within two or three days is notable. The fact volume was declining while price formed an equilibrium (lower highs and higher lows) on the daily candles is normal and healthy and, in fact, is the best possible scenario given the percentage move. This daily equilibrium is still in play, so my advice to you or anyone, is that when the lower high and higher low pattern breaks in either direction, you should probably take some steps to cover yourself.
There hasn’t been one insider selling shares as of now, so I highly doubt they planned to pump this stock up over a dollar and then not take profits once that happened. Look at the insider selling on the other major names during their big runs to all time highs and you can see insider selling all over the place. So, I would be very careful if you’re shorting this stock right now.
Cronos Group absolutely teased their deal before it happened. Rumors broke out causing the company to halt trading and confirm they are in negotiations. Within a week or two (or less) the deal was confirmed. For several weeks before rumors appeared CRON was showing notable strength compared to other peers in the sector as the chart was much stronger and was forming an extended daily equilibrium while other names were losing daily uptrends. To me this indicates accumulation by people who knew something was in the works.
Hexo Corp. had all sorts of rumors circulating about a Molson Coors deal beforehand. In fact, if you look at the volume profile two hours before closing the day before they announced the deal you can see significant buying showing that news had leaked to the market.
Sproutly had no choice but to halt the stock and inform the market they were in negotiations with someone when it became clear information regarding those negotiations had already leaked somewhere, somehow, as shown by the abnormal volume and price increase.
In my opinion large bev companies don’t care about the scale of the grower because there is going to be so much cannabis being grown within two or three years that anyone who wants some is going to buy it for cheap at wholesale prices. This is a fact. Price compression will happen, it’s just a matter of when. Given this fact, it’s more likely a bev company is going to partner with an extraction company who has the technology/capability to efficiently extract cannabinoids from biomass and formulate the extract into a beverage. Certainly, the big five companies are working towards extraction as well, so they are always in the game.
If the big five companies all have the same nano-emulsion style beverage technology though, why on earth would a big beverage company need them? They can just purchase the biomass at wholesale prices and use the widely available nano-emulsification technology that already exists on the market. On the other hand, if a company has a technology that is BETTER than what everyone else is using that company is an interesting contender for a deal of some kind.
Good luck to us all!!!
we really hope so...
yep.. all eyes and wallets on the news to come
This is what I found..
https://www.linkedin.com/in/karin-studer-37276719/?originalSubdomain=ca
https://www.zoominfo.com/p/Ranj-Deol/-1866226807
http://www.otcmarkets.com/financialReportViewer?symbol=SRUTF&id=209675
Related Party Transactions and Balances
(a) Compensation of key management personnel
Key management personnel include those persons having authority and responsibility for planning,
directing and controlling the activities of the Company as a whole. The Company has determined that
key management personnel consist of members of the Company’s Board of Directors and corporate
officers.
The remuneration of key management personnel during the quarter ended was as follows:
Three months ended Six months ended
2018 2017 2018 2017
$ $ $ $
Management compensation (i) 196,072 174,449 385,899 244,532
Share-based compensation (ii) 317,843 87,434 477,018 151,107
513,915 261,883 862,917 395,639
(i) As of August 31, 2018, the Company owes $83,115 to key management personnel.
(ii) Share-based payments are the fair value of options granted and vested to key management
personnel and directors of the Company under the Company’s stock option plan.
(b) Loans from related parties
The Company has received loans from Bray Limited Partnership (Shareholder), 1023409 B.C. Ltd.
(Shareholder) and on demand loan related to a Director of the Company.
August 31, 2018 February 28, 2018
$ $
On-demand loan – Director - 100,000
Loan payable – 1023409 B.C. Ltd. 46,156 49,000
Due to related parties – Bray Limited Partnership - 1,581,887
46,156 1,730,887
(c) Due to related party
The Company has an outstanding cash consideration payment of $4,479,759 as part of the acquisition
of Infusion Biosciences Canada. The balance was settled upon the closing special warrant bought deal
financing.
hahahahahahaha
5.0 USD is music to my ears and my pocket.
IPO 7??? WOW... if everything goes right, I would say Nasdaq in Q4 2020. with a price of at least 5 USD. How realistic is that??
I hope is Pernod Ricard. But it will be big.. check Dolo's words: “In the next 30 days, you are going to see Sproutly announce its partnership with a major beverage brand that really gives the shareholders … the excitement that we have a branded partner that knows this space inside and out.”
HE IS EXCITED. he know we are all excited.... This will be great for all of us !!!! GLTA !!!!
YES !!! its coming !!! great news is coming !
“We’re deep into negotiations,” Dolo said in an interview on Monday. “In the next 30 days, you are going to see Sproutly announce its partnership with a major beverage brand that really gives the shareholders … the excitement that we have a branded partner that knows this space inside and out.”
Deals between larger licensed producers and beverage titans have ignited unprecedented excitement among investors in the cannabis sector. The most noteworthy being Constellation Brands Inc.’s (STZ) $5 billion investment in Canopy Growth Corp. (WEED.TO) Beer giant Anheuser-Busch InBev (BUD) also has a $100 million joint venture with Tilray Inc. (TLRY) to research non-alcoholic drinks.
https://ca.finance.yahoo.com/news/canadian-cannabis-company-teases-joint-venture-major-beverage-brand-124640911.html
Keith Dolo told Yahoo Canada Finance the deal will be similar in structure to the Molson Coors Canada Inc. (TPX-B.TO) partnership with Gatineau, Que.-based licensed producer HEXO Corp. (HEXO.TO) The beer and cannabis companies are teaming up to develop drinks under a jointly-owned brand they’ve dubbed Truss.
Canadian cannabis company teases joint venture with ‘major beverage brand'
https://ca.finance.yahoo.com/news/canadian-cannabis-company-teases-joint-venture-major-beverage-brand-124640911.html
amen
Sproutly hires top branding / advertising agency...
Sproutly Set To Build Strong Brands By Bringing On Award-Winning Agency Ogilvy
VANCOUVER, BC, April 8th, 2019 – Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly" or the “Company”) is pleased to announce that it has hired Ogilvy Canada (“Ogilvy”) as its integrated brand development agency. Ogilvy is a global award-winning creative agency that does brand work for Fortune Global 500 companies as well as local businesses across 131 offices in 83 countries. Ogilvy’s Toronto office will deliver world-class creative and impactful communications strategies to promote the launch of Sproutly’s brands into the Canadian cannabis market.
As the Company approaches the legalization of edibles and beverages slated for October of this year, Sproutly is developing its brand and partnership strategy tied to its exclusive license of Aqueous Phytorecovery Process (APP) technology that it obtained through the acquisition of Infusion Biosciences Canada Inc. APP technology is the only patent-pending process which is able to produce naturally water-soluble cannabinoids that deliver the full experience of cannabis with on-set effects starting within approximately 5 minutes and dissipating within approximately 90 minutes, offering consumers a predictable and consistent cannabis experience.
"With award-winning creativity and a deep understanding of our consumers, Ogilvy will be a valuable partner in helping Sproutly to launch into the beverage and edibles market with a brand and strategy that uniquely delivers the rapid onset benefits of our APP proprietary technology" said Melise Panetta, Vice President, Marketing and Sales, for Sproutly.
“Sproutly is an incredibly innovative company with a unique value proposition. We are excited to partner with Sproutly in building a brand that will offer newcomers to the beverage and edibles market a best in class cannabis experience. We understand that in the rapidly growing cannabis category, the role of branding will be paramount in winning over new consumers” said Brian Murray, Chief Creative Officer, Ogilvy Toronto.
About Ogilvy
Ogilvy has been producing iconic, culture-changing marketing campaigns since the day its founder David Ogilvy opened up a shop in 1948. Today, Ogilvy is an award-winning integrated creative network that makes brands matter for Fortune Global 500 companies as well as local businesses across 131 offices in 83 countries. The company creates experiences, design and communications that shape every aspect of a brand's needs through six core capabilities: Brand Strategy, Advertising, Customer Engagement and Commerce, PR and Influence, Digital Transformation, and Partnerships. Ogilvy is a WPP company (NYSE: WPP). For more information, visit http://www.ogilvy.com/, or follow Ogilvy on Twitter at @Ogilvy and on Facebook.com/Ogilvy. For more information on Ogilvy Canada, visit www.ogilvy-canada.com.
BRAVO !
Thanks Up/Down Trader. Well said.
we are all long here.. lets enjoy the ride...
hahahaha wont happen... $5 by Q3 yes... not by Friday.
hahaha there is no way !
looking really good so far... was up 20% at some point...
Mr Up/DownTrader .. I hope you are right :) we are long here... GLTA
hahahaha $5.00 should end up close to $1.00 by the end of next week, it at all... and that is great anyway... we are here for the long run.. and still we are not making revenues nor partnership yet... wait until that happens and then we can be talking about $5.. even more..
Not sure where Bigman7100xxx is getting this information.. 20m? 23M???
Where are you getting this? 20M 23M ????
23M ??
its going to be awesome !!!! will go to at least 1.00 USD.. hopefully.
Im tooo nervous !!!
VANCOUVER, March 28, 2019 /CNW/ - The following issues have been halted by IIROC:
Company: Sproutly Canada Inc.
CSE Symbol: SPR (All Issues)
Reason: At the request of the Company Pending News
Halt Time (ET): 10:49 AM
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
(CNSX:SPR) Deserves Your Attention
Check this article...
https://insiderfinancial.com/sproutly-canada-inc-cnsxspr-deserves-your-attention/178196/
ByAlex CarlsonPosted on March 28, 2019 SHARE TWEET SHARE EMAIL COMMENTS
Shares of Sproutly Canada Inc (CNSX:SPR) are finally breaking out after 4 months of flatlining around the US$.25 level. This comes as investors are realizing that Sproutly is ahead of the competition when it comes to cannabis-infused beverages. As we take a closer look at Sproutly, there’s a lot to like with the company and why the latest bull run is just getting started.
(CNSX:SPR) Deserves Your Attention
Check this article...
https://insiderfinancial.com/sproutly-canada-inc-cnsxspr-deserves-your-attention/178196/
ByAlex CarlsonPosted on March 28, 2019 SHARE TWEET SHARE EMAIL COMMENTS
Shares of Sproutly Canada Inc (CNSX:SPR) are finally breaking out after 4 months of flatlining around the US$.25 level. This comes as investors are realizing that Sproutly is ahead of the competition when it comes to cannabis-infused beverages. As we take a closer look at Sproutly, there’s a lot to like with the company and why the latest bull run is just getting started.
By this mid-April, over $15.00. ??
The company has no revenues and no big partnership yet. a great product with lots of potential.. but that is it.. no news yet..
Come on.. lets get real here.
We are all long here.. GLTA.
It didnt take one day though....
Mylan (NASDAQ:MYL) is an American pharmaceutical company. It first publicly traded on the OTC Markets and subsequently traded on the NYSE and NASDAQ.
For its first five years on the NYSE, it traded below $5 and back in 1989 the stock was trading for as little as $1.13. However, it was on the ascent in the 2000s and hit an intraday peak of $76.69 in April of 2015. From low to high the stock increased 6687%.
Careful.. enjoy the ride..
remember, this company doesnt have revenues yet.
It is doing baby steps.
We are in the right place at the right time.
We are here for the long run.
we believe in this company.
dont get nervous...
im super excited too.. we just need to be patient.. we here for the long run... this is a great opportunity and it seems to be we are in the right place at the right time.
do your due diligence... dont get carried away.
check this out...
https://www.networknewswire.com/cbd-going-mainstream-amid-flood-of-new-products-celebrity-endorsements-and-emerging-consensus-about-benefits/
Long SRUTF GLTA!!