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Thats a good point.
The thing here is liquidity, no matter what any one says 25 million is 5X the last agreement.
I think it speaks volumes to the progress, in terms of the subsidiaries value.
ATTBF
Shark
25M in an equity line has nothing to do with licensing, and in my opinion everything to do with the company has real value, other wise why would an agreement fostered?
ATTBF
Shark
ATTBF (Abattis Bioceuticals) JUST OPENED UP 25 Million in Credit Line:
http://finance.yahoo.com/news/abattis-enters-us-25-million-193516516.html
MJ Company Gearing Up IMO, New CEO too.
Shark
It would be hard to find one other company with a 25 Million Dollar Equity Line in the MJ sector, in my opinion.
ATTBF
Shark
I would think so that 5X the capital.
NEWS THE LAST COUPLE OF DAYS RECAP:
Letter from CEO: http://finance.yahoo.com/news/abattis-ceo-letter-shareholders-133000545.html
Communications consultant PR: http://finance.yahoo.com/news/abattis-announces-corporate-communications-appointment-133000934.html
Equity Canceled 5M Kodiak: http://finance.yahoo.com/news/abattis-seeks-financing-solutions-facilitate-190956763.html
Equity Credit line 25M Dutchess Opportunity Fund II: http://finance.yahoo.com/news/abattis-enters-us-25-million-193516516.html
$ATTBF
#penny-stocks
#progress
Shark
News Out: Abattis Enters Into US$25 Million Equity Line Facility Agreement with Dutchess Opportunity Fund, II, LP
insert-text-here
ATTBF
Shark
Yeah the stats of ATTBF can be found here:
insert-text-here
It's always good to go right off the public record.
ATTBF
Shark
All of these things take time, one step at a time.
The new CEO, the new corporate communications contractor appointed.
Believe me there is a lot of work that needs to be done.
ATTBF
Shark
Got that right.
Times are changing.
SHARK
$ATTBF NEWS OUT:
http://finance.yahoo.com/news/abattis-announces-corporate-communications-appointment-133000934.html
#penny-stocks #stocks #biotech
ATTBF
Shark
I can say this Mike w. Is no longer the CEO.
After I read the filings In my opinion,
He did not sell that amount of shrs. He sold options off, The options were non-dilutive.
I believe as it has been said before He also sold some shares, off the exchange and are being held long term by a friendly company.
So, everyone making it seem like Mike W. Was liquidating shares into the open market, in my opinion that just is not the case. Read the Sedar filings and the CSE filings and interpret them, and understand versions of private placements exist.
Attbf with Bill F. At the helm will be communicating differently as far as I'm concerned. Moving forward, I'm not looking in the rear view mirror.
Attbf
Shark
Ok, got it your upset, but the turnaround actually could be here.
Look at the price movement recently and the news.
ATTBF
Shark
I understand your concern.
I think consolidation is inevitable across the industry. I also think that ATTBF given the fact is diversified is much different than the laundry list of applicants that came in this second wave. I think they have shown that they want to participate in all aspects and that they care. Not just for the future crop yield if they did get licensed but what it takes to get it processed, and tested and, logged in the banking systems, medicine to help folks ect.
I think over time investors will see what is going to unfold in the industry and no one really knows how it will play out.
ATTBF
Shark
Like I said, HC, although slow at least it is taking all applications. Approving really slow, is a double edged sword. Growers could lose interest. Companies could diversify else where. Health Canada could if they are too slow potentially lose businesses else where. Example right now Washington State & Colorado State are legal recreationally and medicinally on a State Level.
ATTBF
It's interesting, the reason why its exciting is the whole industry is entrepreneurial.
ATTBF included. The thing is this industry for a long time was not as public as it has become, I think there is a lot of opportunities and enough room for a lot of different folks. It is just a matter of getting the industry off on the right footing IMO.
He was responding to a question I asked him directly.
Check post 24771. I was trying to ask what he meant so he told me.
Either way.
ATTBF
Shark
Well, it looks like our thought processes are similar. Updates I understand, updates with execution I like, every one is different.
The thing is it is tough launching a new company, every new start has growing pains and risks. I think progress takes time, but anything is possible and can change almost over night. I think, we will know more over time how the new set up in management will work.
ATTBF
Shark
Take a look at the DD and form your own strategy. HC is on there own schedule, no company with an application out there can guarantee they will be successful. One thing I think is an advantage for Abattis is they have more riding than just the application. It is in Health Canada's hands, they are the regulator, they call the shots. As long as the company is doing what they can, the ultimate decision is with the regulators IMO.
ATTBF
Shark
Yup, The point is to focus, and keep your eye on what is going on.
ATTBF IMO, is making progress. Adjusting the ship.
Shark
Hey man what do you mean by, the back and fourth of operations? Just a quick question.
Shark
Well Mike W. is in a different roll, now. I look forward to more updates.
IMO---these things had to happen, like you have said before, HC--is picky and its tough when you are waiting on them.
ATTBF
Shark
This all takes time....I think it is gonna happen soon.
ATTBF
Shark
Yeah the progress should come shortly IMO.
ATTBF
Shark
Excited about the new CEO and the better positioning of the company.
ATTBF
Shark
Its the introduction to the CEO----it's not fluff. Whats fluff is the word fluff.
Its updating us on his thoughts about the company.
ATTBF
Shark
NEWS JUST OUT:
CEO PR on CSE: http://www.cnsx.ca/cmsAssets/docs/Filings/2015/2015_02_03_8_36_45_ATT_CEO_Letter_to_Shareholders.pdf
NEWS JUST OUT: http://finance.yahoo.com/news/abattis-ceo-letter-shareholders-133000545.html
$attbf #penny-stocks
Nice UPDATE!
$ATTBF
#techstocks #penny stocks
Shark
NEWS JUST OUT: http://finance.yahoo.com/news/abattis-ceo-letter-shareholders-133000545.html
$attbf #penny-stocks
Attbf IMO is the most transparent management team. Look at the fact they have audited financials. Keep in mind this company is re-setting it sail in the new year.
This company is on the lauch pad.
Attbf
Shark
The recent disclosure was to make $ATTBF, more transparent. The Financials were Audited....
This company is making larger strides in transparency than its peers IMO.
#pennystocks #transparency
ATTBF
Shark
The recent disclosure was to make $ATTBF, more transparent. The Financials were Audited....
This company is making larger strides in transparency than its peers IMO.
ATTBF
Shark
Nice day, $ATTBF.
The RSI was so low yesterday, compounded with some new information....there is so much with this company to discuss.
#pennystocks
#reversal
The company will move forward regardless of share price, thats in my opinion what matters most.
ATTBF
Shark
My feelings exactly.
This is what happens when the market mis values a stock for no reason.
IMO.
Shark
Still undervalued IMO.
$ATTBF TOO LOW TO IGNORE IMO.
I see what you are saying, even if it was $50 or $25 per gram wholesale---it's progress---thats what I look for is progress. I think there is a lot we do not know. The company is a tech company and a biotech--based on plant based medicine. I have said this before. The stock price IMO is de-railed short term the more DD that comes the more we know the better understanding we have.
ATTBF
Shark
TUNG---interesting
NOW PITCHING SNDY COFAX!