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MMPRuser

04/19/18 10:48 AM

#73821 RE: Dbrown13 #73820

oh yeah, I still remember their justification for it.....

https://www.canopygrowth.com/wp-content/uploads/2018/01/Rivers-26-Million-NR.pdf

this is the latest news about the deal though.....apparently it is good to own some of Canopy Rivers, but not good to own all of it....

I mean that right there, explain that to me - is Rivers good? if so, it was ours to start with, why don't we own it anymore? Is it bad? then why we investing in it....

neither of those make sense - we are getting robbed - just a little bit, and they are making us so much money so it is easy to forgive.....the company we own is going to pay the people that did this to us bonuses - specifically options to purchase our stock years from now...but whatever, we are making money
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MMPRuser

04/19/18 10:55 AM

#73823 RE: Dbrown13 #73820

think about it....last Rivers raise - they got 26 - we put up 5, private investors put up 20 - that 20 went to livewell by the way....

that was Jan 10th.

on Dec. 31 they had $237 million on hand, and on January 17th they began the process to raise another $200

and Canopy Rivers is still completely controlled by our board of directors - we have the voting rights....

so why would our corporation that controls this other corporation agree to diluting our position in it? Is that truly in WEED shareholders best interest?