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It is for sure.
"Supreme Pharmaceuticals Inc. has signed a conditional agreement with an arm's-length south Okanagan-based company, whereby.....”
You are indeed correct, nice catch and thank you.
The NR said a 'South Okanagan based grower'. I thought Agrima was based in Maple Ridge?
matter of fact...because of folks like you....this is my last post.
what you in at there...wholelotamoney
There were traders involved since 7cents....even today I saw Cannacord buy a whole bunch and immediately offer 40,000 of the 200,000 or so they bought at a penny higher....and this was at 24cents
Abattis Bioceuticals Corp
Symbol C : FLU
Shares Issued 28,584,094
Close 2014-02-20 C$ 0.15
Recent Sedar Documents
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Abattis Bioceuticals symbol change
2014-02-20 19:43 ET - Symbol Change
Also Symbol Change (C-ATT) Abattis Bioceuticals Corp
CSE bulletin 2014-0210
Abattis Bioceuticals Corp. will begin trading under the symbol ATT on Feb. 21, 2014.
Note that this is a symbol change only. ATT replaces the symbol FLU previously assigned to the company.
Effective date: Feb. 21, 2014
Old symbol: FLU
New symbol: ATT
from the company website....
Jan 16, 2014
Abattis Announces $600,000 Private Placement, Placement On The Marijuana Indextm, Shares For Debt Settlements And Grant Of Options
Vancouver, BC - January 16, 2014 - Abattis Bioceuticals Corp. (the "Company" or "Abattis") (OTC PINK: ATTBF) (CSE: FLU), announces a non-brokered private placement of up to 12,000,000 units of the Company (the "Units") at a price of $0.05/Unit for gross proceeds of up to $600,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share for a period of one year at a price of $0.10/share. The securities, when issued, will be subject to a 4 month hold period. A finder's fee will be paid to eligible finders in relation to this financing in accordance with regulatory policies. The proceeds will be used for general working capital purposes.
The Company is also pleased to advise that it has been added to The Marijuana IndexTM. The Index's website, mmj-index.com, states: "The Marijuana IndexTM (AKA "The Medical Marijuana IndexTM" or "The Cannabis Index") is the first and only registered equity tracking index which monitors the performance, news and general pulse of qualified marijuana stocks or cannabis stocks. Weighted by market-cap (as determined by common shares outstanding multiplied by last trade price), the index provides existing or prospective investors with a narrow and centralized view of these pioneering securities which are positioned in a multi-billion dollar growth industry".
The Company has negotiated debt settlement arrangements with two officers of the Company in relation to an aggregate of $106,250 debt owed to them. Under the terms of the agreements, the Company proposes to issue an aggregate of 2,125,000 shares at a deemed price of $0.05/ share. The securities, when issued, will be subject to a 4 month hold period.
The Company advises that 250,000 stock options have been granted to an officer of the Company. These options are exercisable at a price of $0.10/share for 5 years.
The Company also clarifies that it completed the shares for debt transaction originally announced November 28, 2013.
Mike Withrow, CEO stated, "We have come one step closer to achieving another key milestone in the company's plan to become federally licensed under the MMPR . This will crystallise our efforts to complete our international strategy and be instrumental in delivering safe efficacious medicines and products that work."
Sorry..Jan 16 was to announce the $600,000 Private Placement I believe.
TORONTO , Jan. 21, 2014 /CNW/ - Trading resumes in:
Company: Abattis Bioceuticals Corp. ///STOCK WAS HALTED IN ERROR///
CNSX Symbol: FLU
Resumption: 10:15 AM ET
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)
Contact:
IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
I think we will have the license before they IPO. LWI.H trades on the NEX canadian exchange and is halted awaiting this transaction to be completed. I received a copy of the term sheet for the raise by GMP. I did not partake....sorry if anyone is unhappy we are discussing this on this board.
They are very cheap. I believe those of us on this board were very early to this and Abattis is just beginning to get attention.
Just curious....is anyone else familiar with a company named Tweed? www.tweed.com is their website. They are seeking a listing on the TSX....
wonder when the Halt is coming
0.40??
0.20 bid on Canadian exchange 1.2M volume
About 4.5M....low OS...low share price considering what they have on the go.
The arbitrage isn't drastic....ya you could make a couple extra bucks but that really isn't the play here. You're more likely to see the arbitrage trade on a stock that is well in its maturity....perhaps an Encana or an Agrium....to play arbitrage on pennies that could potentially go to zero isn't a sane trade to involve yourself in. My opinion anyway. I'm not saying I think Abattis is going to zero just implying the arbitrage trade is basically a waste of time in this case.
Interesting close. On the Canadian side after the 100k offer was eating up TD puts half a million on the offer at .18. Was it supposed to be a block trade? Trying to keep the price at 0.18 or just simply someone needed to free up 90k cash?
I think he meant he got filled but didn't see the fill as traded....not that he could move the price. I could be wrong however.
Sounds good to me.
I'm glad to hear that there are others out there that think this could be worth a $1.
There will be dilution. Hopefully not at this price level, but their last raise of 600k won't last too long with all the irons they have in the fire.
Better lower your price target. Appreciate your enthusiasm though.
I wouldn't bank on the license next week. Patience.
What are your thoughts PappaDogg? I'm not in this for tomorrow's share price. Im encouraged as this is not the license everyone is thinking it is.
Best way to get information is to pick up the phone and call Mike at Abattis.