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Monday, 04/03/2017 6:40:26 PM

Monday, April 03, 2017 6:40:26 PM

Post# of 27627
New Goals Set - JMO or Theroy what to see shortly

The New Canadian MJ ETF Fund - Cannabix not in it yet but that's my Theroy

The rules for the index are explained here, and the important ones are that it is rebalanced quarterly (next rebalancing is on June 16th), the weighting at the time of rebalancing is capped at 10% (a good idea) and eligible securities must have a minimum market capitalization of C$75mm, minimum monthly daily value traded of at least C$250K and a minimum average monthly daily volume shares traded of 75K./b]


https://www.newcannabisventures.com/horizons-medical-marijuana-etf-to-debut-april-5th/

Cannabix has as of Jan 31, 2017 had this posted for March 5th

Number of Outstanding Listed Securities: 86,142,776 common shares as of Jan 31, 2016
Date: for Mar 5, 2017



Also they listed this for issued for the month of Feb 28, 2017 which should have added to the total's, (I'll say that's a strange way and only time they have listed this way) - (Last bogus list was April 2015 and I called CEO Rav and he straighten it out by the next filing) - But here's what they listed for last Feb

14. Provide details of any securities issued and options or warrants granted.
During the month, the Company issued the following shares in relation to warrant exercises: nil.



Anyway my Theroy is they need a $75mm CAD valuation and $250K worth of shares Traded - We're there on Daily Trades as today was half mil but the Valuation needs Upped another $6,085,779.20 cause we're at $68,914,220.80 BLO Valuation now

We also have the

Average Vol (30d) 262,681



We're down -$6,085,779.20

Another $0.071 BLO or $0.053 BLOZF

Look for more but this needs at least that added to make Canada MJ ETF Fund (HMMJ)

$0.871 BLO

$0.653 BLOZF

.64 Resistance should be broke here - You know they want in the Cannadian MJ ETF Fund (HMMJ)

JMO
Volume:
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Total Trades:
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