Tuesday, October 20, 2020 3:50:34 PM
Disclaimer, not taking the credit for all of this research - another forum asked the question and my curious mind then turned up some interesting findings.
1. At the end of Q2 - Valens documentation did not include a $1M private placement in their reported Investment Activities
2. At the end of Q3 = sure enough, participation in a private placement of $1M shows up in their reported Investment Activities
3. During that stretch, on August 10th - this release from Indiva comes out https://www.indiva.com/press-releases/releases-2020/indiva-announces-closing-of-private-placement-of-units/
4. The article discloses some, but not all, of the investors and leaves the investment unknown for ~$2.5M - could this have been Valens? Oddly 2 of the other investors gave exactly $1M - might Valens own 3.3M shares now?
5. Under "Subsequent Events" on the Valens documentation submitted to SEDAR - they list investing in a private placement for 3,333,333 shares worth $1M. Interesting...
6. About 2 weeks ago, you see Tyler post a picture to Twitter of gummies coming soon - don't they look like the Wana gummies?
This is all speculation on my part only. The only reason I'm curious is because - in the spirit of my previous post about having the best of the best products - Wana absolutely dominates in the states they are present in - they are known for having the best of the best gummies and they sell like hotcakes.
See you all on the moon!!
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