The amount of manipulation and attacks against the company, and the painting of a negative picture in an attempt to influence a government entity has been like nothing I've ever seen. My sense is that Tilray/Privateer and likely some of the others like Tweed are somehow using these media outlets to paint a negative picture/outlook on Cen-Bio. It's very obvious, especially with the ties between Grant Robertson, Libby Davies of the Canadian NDP, and Tilray, etc. Plus, the ex-CEO of Tweed bashing CEN on Twitter, etc. It is all very obvious. I also wouldn't be surprised that much of the volume last week was shorts driving it up and just like the typical perfect timing, Grant, MF, and the rest of the garbage-spewing manipulators start releasing these crap writings after hours on Fri. I wouldn't be surprised if they are also somehow tied to a shorting operating, with the intent to release these articles, strike fear in the uninformed, and drive the price down Tues morning.
I find it unusual that if the letter is even true, CEN-Bio was given 20 days to correct whatever potential "intent" to deny license would be. Globe and Mail made it should like denial was due to "management's behavior" such as share selling, etc., which is clearly a baseless opinion since the reason for denial is not legally supposed to be public information. Plus, if that was the reason for denial, there would be nothing to "correct" to reverse the potential decision. Just doesn't make sense. However, HC may also be doing this to disperse much of the criticism from these basher groups including Grant which have been trying to paint HC as incapable of making well-informed decisions on who they allow to be LPs. Could certainly be a media play in their favor.
Another question is what application are they referring to with the possible "intent" for denial? They didn't say both applications are in this status. From a prior PR, we know Bill said that sites 1 and 2 are both on separate applications to HC. There were also 2 case #s for CEN-Bio on the OMB website for the appeal, and now that has been condensed to one. So are the 2 applications now rolled into one vs. one approved and one requiring some type of adjustment, etc.? Not sure.
I'm really not sure what to think of the whole Lakeshore/Canadian thing at this point. I'm still holding out because I suspect they have much bigger things in the works beyond Lakeshore regardless, including the merger, the pharma aspect, insurance aspect, other potential grow sites, potential Las Vegas involvement (based on rumors and filings out there), etc.
I think James Robinson is going to also do big things with FITX from the nutrition/energy drink aspect as well, and am looking forward to those updates too. That side of the business was the reason I initially invested back in 2011, so I am just as excited for that side to start playing out as the CEN-Bio side...
I find it unusual that if the letter is even true, CEN-Bio was given 20 days to correct whatever potential "intent" to deny license would be. Globe and Mail made it should like denial was due to "management's behavior" such as share selling, etc., which is clearly a baseless opinion since the reason for denial is not legally supposed to be public information. Plus, if that was the reason for denial, there would be nothing to "correct" to reverse the potential decision. Just doesn't make sense. However, HC may also be doing this to disperse much of the criticism from these basher groups including Grant which have been trying to paint HC as incapable of making well-informed decisions on who they allow to be LPs. Could certainly be a media play in their favor.
Another question is what application are they referring to with the possible "intent" for denial? They didn't say both applications are in this status. From a prior PR, we know Bill said that sites 1 and 2 are both on separate applications to HC. There were also 2 case #s for CEN-Bio on the OMB website for the appeal, and now that has been condensed to one. So are the 2 applications now rolled into one vs. one approved and one requiring some type of adjustment, etc.? Not sure.
I'm really not sure what to think of the whole Lakeshore/Canadian thing at this point. I'm still holding out because I suspect they have much bigger things in the works beyond Lakeshore regardless, including the merger, the pharma aspect, insurance aspect, other potential grow sites, potential Las Vegas involvement (based on rumors and filings out there), etc.
I think James Robinson is going to also do big things with FITX from the nutrition/energy drink aspect as well, and am looking forward to those updates too. That side of the business was the reason I initially invested back in 2011, so I am just as excited for that side to start playing out as the CEN-Bio side...
