Category: Team Pump
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CannTrust (TRST.T) executives should go to jail: Emails show deliberate criminality
There’s a difference between incompetence and criminality. Incompetence is “What? That’s weed? I thought those were tomato seeds!” Criminality is “1) RG8 is not licenced but has plants in it; 2) RG9 is not licenced but we are intending to put plants in it on Monday; 3) PA2A-E are not licenced but we have moved…
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UPDATE: CannTrust (TRST.T) should lose license over illegal pot growing/shipping scandal
The precedent has been set. When Ascent Industries (ASNT.C) lost its Canadian LP licensing over product that had allegedly found its way into the grey market, the regulators at Health Canada – rightly – didn’t hold back. They investigated publicly, loudly, and ultimately de-licensed the company, running the brains trust out of town on a…
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Relevium (RLV.V) CEO lashes out against Equity.Guru in news release, ‘Streisands’ his own failings
The Streisand Effect is defined by Wikipedia as, “a phenomenon whereby an attempt to hide, remove, or censor a piece of information has the unintended consequence of publicizing the information more widely, usually facilitated by the Internet.” At Equity.Guru, we know about the Streisand Effect. We saw it in action when MedMen threatened to sue…
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Anatomy of a shit-show: Saint Jean Carbon (SJL.V) wants to be a fidget spinner
Over the last few years, we’ve shivved a lot of terrible companies trying to pull a fast one on investors and, almost always, when we do, we face a few weeks of abuse from that company’s faithful. When we said Imagination Park (IP.C) was a bullshit fantasy playing on most people’s ignorance of the virtual…
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Relevium (RLV.V) hit by OTC promo request, reveals worst disclosure ever
We’re in the business of marketing companies to people who like to invest in stocks with a high risk/high reward mindset. Sometimes folks call us ‘pump and dumpers’, usually if they haven’t read our work, but we ultimately only write what we believe to be true and we have a track record of writing negative…
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Namaste Technologies (N.V) finally posts financials, and they’re rife with bad scenes
If there’s anything good in the financial statements just posted by Namaste Technologies (N.V) – last thing on a Friday afternoon, naturally – it’s that they have a lot of cash, and we finally know just how badly the company was being run last year, before CEO Sean Dollinger was turfed out. The highlights aren’t…
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Cannabis One (CBIS.C) kicks shareholders in the nuts
The executive team at Cannabis One (CBIS.C) may want to invest in some damage control experts going forward because shareholders are raging at them right now on social media over their actions (and inactions) of the past week. Despite ongoing newsflow that showed the company acquiring properties and closing deals, the CBIS share price has…
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Emerald Health (EMH.V) director stands down over security clearance issues
Buried in a news release discussing a shares-for-cash payment to an acquisition target, Emerald Health (EMH.V) stated Monday it is losing a board member over Health Canada security clearance concerns. Punit Dhillon is a self-described ‘life science thought leader‘ who likes to give TED Talks and has been involved with several biomedical companies on North…
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Wayland Group (WAYL.C) and ICC Intl (WRLD.U.C) close huge asset deal wait no they don’t argh I’m dying
Investors in currently halted for not being able to put together last year’s financials like real grown up boys Wayland Group (WAYL.C) might have been celebrating today when it was announced their all-share deal to sell 49.9% of their international assets to ICC International (WRLD.U) had closed. One hopes the champagne they were popping wasn’t…
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Shell Game: How Wayland Group (WAYL.C) built a paper empire and the loan that may drag it under
PROLOGUE: Cannabis companies, as we know them in our minds, rarely exist. Oh sure, some have buildings and staff, some grow things and others might even have a license. But even those with big buildouts and massive market caps are, for the most part, a promise of what’s to come, maybe, some time, kinda. But…
