CBD Denver Inc (CBDD)

[KLee]

Heard back from Marcel! He didn’t say ONE word about addressing whether the company is diluting. Like I said, we’ll probably have to wait for filings to find out.

Good Morning “——“

Thank you for your message and we appreciate your open and direct feedback.

We can understand your frustration about the current situation and feel the same way, because the management team and the employees have continuously done a good job and this work is not rewarded accordingly by the market if you look at the current share price.

All communication regarding the audit was coordinated with the auditor, but due to the complexity of the company structure in Switzerland and Europe and due to unplanned additional work for the translation of all documents, the audit was unexpectedly and unplanned prolonged. We always tried to inform adequately due to the demand of investors and shareholders.

We will continue to pursue the implementation of the strategy we have communicated in a targeted and consistent manner and do everything in our power to create added value for the company and its shareholders.

We thank you for your trust as an investor and shareholder in the company and hope that we can continue to count on your support as a valued shareholder.

Kind regards,
Marcel