Monday, July 30, 2018 6:02:05 PM
Step 1. Dilute the hell out of your stock and announce a R/S to screw shareholders and reduce the bloated O/S.
Step 2. Make up a new story and change the name/ticker symbol of your company from CHZP to CBDY.
Step 3. Announce a merger and start unloading shares in order to start the dilution process over again. (This is needed to sustain executive salaries and pay "third party consultants")
Apparently CBDY management thought that announcing a merger with a failing Canadian marijuana company would bring in new suckers; Unfortunately for them, people haven't forgotten the toxic dilution stench CHZP left behind. They need to try harder if they are going to attempt another shearing session.
When I saw CFGN on the ask, I knew it was all over before it even started.
This will go sub-penny sooner rather than later.
Recent CBDY News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 09:15:19 PM
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