Speakeasy Cannabis Club Ltd. (SPBBF)

[hasslethehoff]

I *strongly* recommend people do some DD on the management team here...

Originally posted by @BrettCross on ceo.ca:

Anyone ever bought a stock only to have the share price drop immediately? Ever wish you could turn back time? Apparently Team Bridgemark has found a way! The secret appears to be only investing in companies that are controlled by other members of your team. That way you know that the team will take care of their teammates. Exhibit A is the long weekend announcement by $EASY that they are altering the terms of a financing that closed a month ago. Originally Cam Paddock Enterprises and Justin Liu (both Bridgemark affiliates) had agreed to purchase a combined 4.9 million stocks at a price of $1.00, with full warrants at $1.50. At that time the stock had closed the previous day at $1.26. This tranche of the pp was announced as ‘closed’ on May 29. Fast forward to last Friday and the stock is now trading at $0.60. Any of us at this point would have a bit of buyers remorse but thanks to teamwork Cam Paddock Enterprises and Justin Liu don’t have to live with the consequences, as you or I would. Which brings us to today and the announcement that the company had decided, with the subscribers, to ‘unwind’ the financing and seek to ‘additional options on more favourable terms’. Those new terms just don’t happen to be favourable to the company or the majority of its shareholders. The company will now be looking to sell 4,285,714 shares at a price of $0.70 with full warrants at $1.00. Wonder who will be buying those? #allsharesmatter #somesharesaremoreequal #whereismytimemachine #friendsdomulligens #index $EASY $CRYP $ATT $AFI $BCFN $DNAX $NINE $UAV $ZNK $KBEV $MDM $MY $SUV $VAX $KCC $LEO $LIC $NSAU $NTM $QBOT $WRW

Further discussion: https://ceo.ca/allsharesmatter