Sativa Growth International (SAGD)

[ygold]

Just before July 4th this year, when SAGD was hovering at around 0.03, the company was scheduled to release acquisition news. They sent out a flurry of tweets saying that because of the short market hours before the holiday, the legal team was unable to finalize the deal, and they would be sending out a PR right after the holiday. After the holiday, absolutely nothing happened - no PR, no acquisition news (it came much, much later). So that's when the stock price began to fall, eventually reaching where we are today. At the time, I felt the silence was a red flag, and although some posters here felt I "was being too emotional", I see that many other investors also felt that things weren't being handled in a way that maintains confidence in the company. I sold at a loss at 0.017. Pity - it could have been different.