SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

The Schedule 13G is a form required to be filed by anybody who owns more than 5% of the O/S

That’s all it signifies

It’s not inherently good or bad

BLEG has to get financing from somewhere in order to grow the business and that’s what this appears to be

It doesn’t tell us anything about the terms of the financing

BLEG has moved virtually sideways for the past 6 months in a very weak CBD Beverages sector — that’s a good thing

Despite seeing increases in the O/S and float, I’m not seeing any actual dilution in terms of how it’s trading, and that’s the most important factor with respect to future potential of the stock price

So whoever is holding those shares, they don’t appear to be interested in selling at these prices

In the CBD Beverages sector, BLEG continues to have the smallest float by a very wide margin, so everything is relative

I wrote about the comparative float sizes of the 5 stocks in the CBD Beverages sector and why KGKG and BLEG are the top 2 CBD Beverage stocks here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158196526


Sleek