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CNAB. Squeezing shorts and taking names ??
Agreed. Nevada dispensaries taking a bath leading up to the vote. Maybe it changes after
Especially companies that already have a presence in California. These guys have more than that. They are in the largest dispensary ( $ volume ) in the world. HARBORSIDE
Check out sleekscapes posts. Been spot on
Weeeeeeee!!!!!!!
Great post. I think very few people understand the shorting. If you use a broker you can also ask that they not allow "borrowing" against your shares for other people to use to short. Certain types of accounts and brokers don't allow and some do
Still waiting for evidence of a pump. Even a little.
I haven't seen evidence that they gave themselves stock. S8 could be for anyone. I also remember seeing that they don't take payroll somewhere. Sounds pretty badass to me. That's my kind of management team. If you want to see if they are taking more stock have to do the math on the next form 4. They will have to report total share owned there.
I know. Huge right !
Like most public companies. Lower volume on fridays
CNAB with a squeeze play lays down the perfect bunt safe at home +.59$ for the day. Congrats to all the guys that didn't get scared out the shorters came back at least twice today. and they were shut out
They did the deal with CNAB and those guys are definitely real. Let's see how this container lab does. Would love to catch some updates and see some pics.
So are you saying this increase in volume are brand new interested new shareholders then? Or shorters covering ? Both of which seem wonderful for this stock. At least to the 150k shares I own at least.
Says the over 300k shorts on Friday?
shorts are doubling down. Don't give in
Cherubim Interests, Inc. Subsidiary and United Cannabis Corp. Collaborate To Design and Deploy Mobile Extraction Laboratory For The Cannabis Sector
DALLAS, TX--(Marketwired - Oct 31, 2016) - Budcube Cultivation Systems (BCS), a subsidiary of Cherubim Interests, Inc. (OTC PINK: CHIT) (the "Company"), an expansion-stage alternative construction and real estate development company, announces that it has partnered with United Cannabis Corp (OTCQB: CNAB) to design, construct and deploy mobile extraction laboratories to service the cannabis sector.
The companies expect to begin construction and assembly of the laboratories in the coming weeks, and should begin shipping the first units by year-end.
Earnest Blackmon, United Cannabis' Chief Executive Officer, commented on the announcement, "The opportunity to partner with Budcube is one we couldn't pass up. We leveraged their construction experience with our cultivation and processing expertise, to design a fully-functioning laboratory grade facility that fits in a mobile trailer. The end result is a product that not only serves our needs, but serves a growing demand within the industry."
Blackmon went on to say, "We've spent the past year doing the groundwork, establishing relationships and securing the necessary licenses and permits to launch our operation in Jamaica with our partner CRD, and this mobile extraction lab will give us the platform we need to initiate the project. Once it's delivered, we'll have a state-of-the-art turnkey facility that will enable us to begin processing plants for terpenes and other compounds, all of which will set us up to manufacture our Prana line and Blue River Extracts products for distribution across Jamaica."
"We are thrilled about our strategic alliance with United Cannabis because it immediately give us credibility within the cannabis sector," said CHIT CEO Patrick Johnson. "And more importantly because it opens up another lucrative niche market within the sector where we can apply our diversified construction knowledge and expertise. We will release conceptual drawings of these labs in the coming weeks."
IMPORTANT DISCLOSURE: Cherubim Interests, Inc. (OTC Pink: CHIT) and BudCube Cultivation Systems USA is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department's Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that the companies will obtain advice of counsel prior to actualizing any portion of their business plan. Advice of counsel with regard to specific activities of the companies, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.
About United Cannabis Corporation
The Company's Prana Bio Medicinal products provide patients a simple, safe, accurate, and easy way to mix and match cannabinoids for therapeutic purpose. These products are broken into 5 easy to follow categories that are available in capsules, sublinguals, and topical delivery methods. The company uses a patent-pending infusion process utilizing select fatty acids, lipids, and specific combination of cannabis derived terpenes to increase bioavailability. Prana Bio Medicinal products are NON-GMO, ethanol free, alcohol free, glycerin free, gluten free, 100% naturally derived, chemical-free, solventless, and hypoallergenic.
shorters are getting it handed to them
1.85!!! WEEEEE!!!!!!! Not even open yet
1.80$ on OTC level 2 already !!!
10 x the current share price. (or where the person making the statement bought)
Basically it means someone is going have to buy 300k shares to cover their short sales.
Good find
sorry. 2.5 times avg volume. Despicable
Level 2 gapping up. Get ready
Watch what happens next week when good news comes and the shorts have to cover
Agreed
Big short going on
Thanks
Does the CNAB quote page show after hours back to 2$?
That's just where the stock was when they started the S8. Company can price them anywhere they want. Hey do that for the filing fee you see in the final column
Great spot to grab more. I did at 1.70$
Ask is looking lite . Get ready for blast off. Profit takers gone.
Hope you got in on the dip( like sleek said). I bought another 75k. Cause this beast is about to run
Any one see the Jamaica announcement?
Glad I got in in the .50 range in a big way
Now that looks like a pump and dump. Haven't seen that kind of release from CNAB!!!
Glad I got in on the dip this morning. Thanks Sleek. Your honest assessments were what tipped the scales for me.
You can tell who is selling by watching for the form 4 that are mandated for directors in order to prevent secret Selling. They as directors are only allowed to liquidate (sell) 1% of the total issued and out shares in any 90 day period of time. In this case that would be around 500k. So the idea that they are providing all of this volume is not only false but impossible. Hope this helps. Not sure if I'm getting in but the low float is very enticing.