Sativa Growth International (SAGD)

[cxmd]

That is the reason for the filing. SAGD has no money and one can logically surmise that other company (assuming RM) would not be one willing to spend $$$$ (lots of it involving lawyers, financial people)on a company with no $$$$ like SAGD. Prior to the massive volume yesterday, there was another day on a much smaller scale where there was substantial volume. My hunch was that volume was ASHER driven, with them "cashing" out on their note(s). Dont know. SAGD and current management could not have decided to file the recent filing without considering ASHER, if there were still notes due. I believe there was at least still one. My hunch is that all the notes have been converted and thus ASHER no longer in the picture.

Regarding a RM, gotta consider also that SAGD is debt free with debtors converting to equity. That would make the RM more appealing all the more. A RM would make a change in direction easy without the additional filings and costs.

IMO