CGB 0.00% 2.1¢ cann global limited

Ann: Q&A on the merger of QBL MCL and Medcan, page-235

  1. 190 Posts.
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    They are fair points, and I should add I do agree that medicinal cannabis will be a big industry down the track.

    It's just my opinion that QBL are simply throwing shares around like confetti to acquire MCL and Medcan without independent valuation to jump on the cannabis/hemp hype train, promised 2018 dividends which are years away from being realistic, have a questionable current management pay structure, an unsettled loan to another company owned by a current QBL director, ASX announcements that look like they've been prepared by a kid on Powerpoint, the list could go on.

    I'm just struggling to understand the blind faith holders here put in the directors of this company, who are big on fluffy announcements and buzzwords like "dividends" but in reality have produced nothing.

    But who knows, maybe the next quarterly will show decent Vitahemp sales and I'll have to eat my hat
 
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