Cann American Corp (CNNA)

[DD_dempsey]

$CNNA- IMO- this is FANTASTIC NEWS

It’s clear the insiders from old merger already dumped their shares last 4 sessions and put this stock back at its support. On 100 day daily - this stock has bounced hard 3 times in the last 3 months from this exact level !
All three times it’s made a solid move and now has the potential for an even more significant move with a better reverse merging entity setting up to come in.

Imo- If red flags existed so early with the new management - and as it would appear - they needed a ton of help with filings and the process - then it’s better for us as shareholders to have a more seasoned and savvy OTC markets owner.

A- THEY ARE ALREADY IN AUDIT PROCESS.

B- A NEW MERGER CANDIDATE HAS BEEN IDENTIFIED and communicated with as per the company tweets tonight.

***TWO THINGS MOST TELLING-
1- I liked how $CNNA held themselves to a higher standard here. The responses tongiht were incredibly tasteful. And exciting.
2- it’s clear that maybe this move is for the best for shareholders here. We get the AUDIT- form 10 we wanted and expected amd we get a new merging partner with - -according to the tweets” has more revenues and experience. It would appear since they already have been in contact - and certain basic agreements made - this is actually headed NORTH and if more on the new entity is revealed next week - this is going to skyrocket with the current SS IMO.

IMO- THE TAX LOSS SELLING OF LAST 4 days - finally meet the HUGE SUPPORT lines - and we ended green as expected. MORE SUPPORT TMRW and we head back toward .01+ break. - as this easily could
Be 200% + gain from current levels on revels of next merger. Could even be next week I guess. We shall see. I’m grabbing more here at support.