Replies to post #1691 on MariMed Inc (MRMD)

[ShadowSpy69]

I don't have a clue.... their wording from all of the pending $ towards various facilities/company they bought, just scream dilution. Since this is OTC pink land, Tom K with his 6M shares or whatever, if he does dump them or systematically dumps them, will cause extreme pressure.

His announcement was on June 5th and sp was around $2.80
https://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=13486445-924-6300&type=sect&TabIndex=2&companyid=857241&ppu=%252fdefault.aspx%253fcompanyid%253d857241

On June 5, 2019, the Registrant received a letter from Thomas Kidrin resigning from the Registrant’s board of directors, effective immediately. The letter, a copy of which is filed as Exhibit 99.1 to this Current Report, states that Mr. Kidrin’s resignation was “due to a dispute over outstanding matters.” No further explanation was provided.

Last filing - 6,143,673 shares left: https://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=13405117-1142-8810&type=sect&TabIndex=2&companyid=857241&ppu=%252fdefault.aspx%253fcompanyid%253d857241

[fitzwell11]

Kidrin running out of shares would help