CNBX Pharmaceuticals Inc (CNBX)

[Gnarlyman]

They are not funded through a 13G. 3i only filed because at that time when there was only 1.5M O/S and they owned nearly 10% of it. Since they are subject to the 9.99% blocker. IAW the convertible loan agreement. Since then they are diluting directly into the float.

Now that the O/S is nearly 25M 3i could reasonably file another if they wanted too, but I doubt they do. They’re probably satisfied with dumping at a discount while paying pumpers.

They have 10M in warrants so they really don’t care because those are non-splittable.

IMHO

Since you like investopedia so much.

https://www.investopedia.com/terms/s/schedule13g.asp