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Friday, April 11, 2014 11:43:49 PM
Well since I spoke with CANN Director of Operations Scott
Peters, today I'd say my information is reliable.
A few notes from the conversation.
CANN appears to have been suspended because of an insider
of the company CANN merged with.
Unfortunate, but completely unrelated to current management
or company business practices.
CANN has been cleared to trade on the Grey market, and will
be trading over the pink sheets late next week.
They are is the process of obtaining a market maker.
CANN is more committed then ever to build out the company
and further develop shareholder value.
With multiple projects in the final stages of being completed.
Followed by an official announcement of their completion.
Scott also indicated the company has multiple initiatives
going on in Canada.
Also, the Full agreement of $30 Million credit is still on
the table.
Despite cries of the stock dropping to $1, the stock has
found strong support at $10, and when it starts to trade on
better market, which it is scheduled next week, the stock
will trend even higher, back over that $20 mark.
Peters, today I'd say my information is reliable.
A few notes from the conversation.
CANN appears to have been suspended because of an insider
of the company CANN merged with.
Unfortunate, but completely unrelated to current management
or company business practices.
CANN has been cleared to trade on the Grey market, and will
be trading over the pink sheets late next week.
They are is the process of obtaining a market maker.
CANN is more committed then ever to build out the company
and further develop shareholder value.
With multiple projects in the final stages of being completed.
Followed by an official announcement of their completion.
Scott also indicated the company has multiple initiatives
going on in Canada.
Also, the Full agreement of $30 Million credit is still on
the table.
Despite cries of the stock dropping to $1, the stock has
found strong support at $10, and when it starts to trade on
better market, which it is scheduled next week, the stock
will trend even higher, back over that $20 mark.
Recent CANN News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2025 08:30:43 PM
