Replies to post #18152 on Cann American Corp (CNNA)

[Werbe]

Dont own them makes no sense @ all. It brings up ideas that would be harder 2 grasp, like them acquiring these from who knows? or on open market?

Perhaps- they don’t still own them...

This theory is just faily tales. 8 BILLION shares forgiven, sure. Even for some backroom payment, it would be laden with convertibles etc.

Perhaps they were retired as part of the package to buy the shell. The new management said- look- we want the 8bil you issued that haven’t hit the float. We want them before they could ever hit the float. Then management retires them with the TA.

This is not hard to assume or fathom as it happens all the time in negotiations between interested parties in a deal to buy a shell or stock and the controlling preferred series or control block.

forigve my theory lol no more theorys after smoking lololol