Thursday, October 08, 2020 9:41:38 PM
1) Stop loss (Dead money since the brief run in early August).
2) No updates from company, twitter, website, other (even w/ latest quarterly report).
3) Investment in canned drinks entity ($15K). What happened to the investment increase (http://www.cannamericancorp.com/2020/06/23/cann-american-corp-announces-investment-increase/)? Had $15K last quarter so should have seen an increase here.
4) Investment in dispensary ($30K). Who/What/Where? If you can report it as an investment it shouldn't be a ghost.
5) Oklahoma (Email response from broker: "The property is still available for sale. There is a current tenant until June 30, 2021, with a grow business. I’ve attached the flyer. If you need additional information please contact Jason Wells, listing Broker."). The grower does NOT own the property of the posted pics, nor does JB. Someone could purchase for ~$200K and boot the grower in June so not much stability there.
6) CNNA is a Sole Proprietorship (1 employee). What if something happens to JB? No company?
7) BOD. Nothing about this (http://www.cannamericancorp.com/2020/06/25/cann-american-corp-announces-advisory-board/) either.
Not angry, upset or have a vendetta like others. Just letting those long time holders know my reasons for liquidating. If the climate changes I'll have plenty of time to catch the train.
All the best to NiteShift, dunwifit and Reeper
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