Category: Team Pump
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Parry Special: Short report on Mountain Valley MD Holdings (MVMD.C) earns nothing but rage
When a ‘devastating’ expose on a company opens with the line ‘We are short this company’, I have to say, I find it hard to read much further. To open the discussion admitting you’ll make more money if the company you’re writing about gets obliterated, and then proceed to map out your obliteration strategy, well…
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How World Class Extractions (PUMP.C) killed a $25m bailout for HydRx & took their $50m facility for $5m
A few days ago, World Class Extractions (PUMP.C) announced they’d done a deal with a ‘leading licensed producer’ (that we figured out is Aphria – APHA.T) to take over HydRx Farms’ $11.5 million debenture for $5 million. That deal brought WCE the potential to (should the debt not be paid, and it won’t be) take…
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ImagineAR (IP.C) announces ‘imminent’ deal, which hasn’t happened yet and might not, but it’s TOTALLY IMMINENT GUYS
Look man, when I run my lance of justice through a piece of shit tech company that makes insane promises and almost no money, and its share price halves in a few days, I generally take a step back and let the dust settle before I go back in for more. It’s not that I…
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Brewbilt (BBRW.OTC): Pump equipment pump says it’s selling to university – university says ‘wut?’
There may well be people at US-based penny stock pump factory Brewbilt Manufacturing (BBRW.OTC) making brewery equipment. We don’t know for sure because they don’t answer their phone whenever we’ve tried to call, and their IR folks’ incoming calls go to voicemail. I guess they’re just busy banging out all that amazing brewing equipment they…
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iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal
For a large part of its early days, one of the main selling points of US multi state cannabis store operator iAnthus (IAN.C) was that it was seemingly run by adults. Unlike their colleagues at MedMen (MMEN.C), which revealed itself as a self-dealing executive wealth generator from day one, iAnthus painted a picture of experience,…
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Choom Holdings (CHOO.C) snared in forgery scandal as location appeal reportedly contained fake support letters
National cannabis retail chain Choom Holdings (CHOO.C) was embarrassed Monday after details of its 27-page appeal to the Vancouver Board of Variance asking that body to overturn a rejected dispensary location were revealed to be forgeries by the Vancouver Sun newspaper. When Postmedia News contacted the businesses whose names and logos appear on letters supporting…
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Hertz Donut: The robbery attempt going down at Hertz (HTZ.NYSE) has been approved by a judge
The Greater Fool Theory is the single greatest driving force of the markets right now. Balance sheets can eat a dick. Growth potential is irrelevant. Past performance and profits don’t even rate. All that matters is, “Yes, I’m trading like a moron, but there are ten other morons who’ll buy my mistakes for more money…
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Media Central (FLYY.C) announces end of journalism for alternative weeklies Georgia Straight and NOW
When a company shows up out of nowhere and announces they’re buying a newspaper, but that nothing will change if not for the better, that they have money and resources to compliment what’s already there, and that journalism will always be at the core of what they do, don’t buy it. It’s always a lie.…
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Speakeasy (EASY.C) completes $2m loan with interest rate just 5% shy of what’s considered loan sharking
I break laws sometimes. I speed on the highway. I possess more than the 30 gram legal limit of weed products. I sneak food into the cinema, or used to when the cinema was a thing we did in polite society. I’ve been drunk and disorderly, broken noise bylaws on a Saturday night, and I…