CBD Denver Inc (CBDD)

[otcmarkets]

Unfortunately, there are some people who have never tried to fact check and they love to preach negativity about companies they know nothing about. After doing our research on CBDD, as we stated in a previous post, we authenticated the claims in their recent Press Releases and we spoke with Marcel Gamma in Switzerland. It appears that they are moving forward with the merger of Swiss Industry Ventures, AG and their acquisition of CBD Welt 24, GMBH. They also indicated that this should be evident in their Q2 revenue filing. So, at this point we have to wait for the Q2 to see if their revenue increases to the level that they are reporting. If this is truly the case, CBDD is “drastically undervalued”. We feel the company is actually trying to create shareholder value through restructuring, merging and acquiring companies.

We also just checked the short sales on CBDD. This is what we found for the last 7 days.

Date.......Volume.......Short Volume........% of Vol Shorted
May 12......3,314,565....2,231,766...........67.33
May 11.....14,426,910....9,575,244...........66.37
May 08......3,262,387....2,479,520...........76.00
May 07......7,240,871....4,673,321...........64.54
May 06.....23,545,014...14,430,704...........61.29
May 05......2,414,093....2,364,020...........97.93
May 04......8,576,756....6,793,432...........79.21

As you can see, the percentage of short sales are high, so it is quite possible that the few neigh-sayers who have stated they own stock and can’t wait to sell, could actually be short the stock. This could be why they are so insistent that the stock is worthless and everything the company is reporting is fictitious. Think about it, if they owned the stock why would they preach negativity. They would want the stock to go up not down. Now it’s time for true investors to make up their own mind, is CBDD worth a play at this level, our assertion is affirmative.