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Thursday, April 19, 2018 7:34:30 PM
Opens up access to investors who are very sophisticated and comfortable in cannabis related plays. their tfsa trading accounts could light up the volume and price in a spectacular fashion.
They arent fools though. $evio needs to get its IR / Media / Narrative / Investor Awareness act polished and running like a fine tuned machine.
If they do cross list the canadian investors will have no interest if they dont have the same presentation/ materials/ awareness that every other deal there does.
Its one thing to not care about your image/ timing/ late filings/ forgotten details in PR's in the US where its a niche investor interested.
But in Canada you have a class of investor raised on small cap mining deals. They are the best marketed public companies in the world. The look and feel of the messaging/ materials/ outreach/ awareness of an 8 million market cap Gold play is the exact same as that of an 8 billion dollar one.
IF they go into Canada without anything less than planned excellence the market will notice in a second and they will be done. on the other hand if they can put their past behind them and manage to do it right the Canadian stock exchanges and investors there could unlock some serious value in the deal.
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