very true... but $250k is chump change for a 50.1% stake in a company based in Canada where recreational MM would be legalised by july 2018. If you owned BCC, you'd won't sell 50.1% stake that easy alone for $250k... If in 90 days CMY could acquire BCC what happens then... You wished you were on CMY you're in at what 0.010... whats the worse that could happen it'll go down to 0.06 or 0.08?
the upside is enormous if they get BCC, if not well sit tight for its cobalt and lithium to play out... its simple math... people were surely burnt on QBL, for two weeks+ its sitting above 2cents. With the volumes that churned out today on CMY is exact same scenario. almost 7 times tested to be thrown back below 10c by bots... IMO we won't see 0.006 or 0.008 again. if CMY gives its shares to BCC well then you have a whole different story... 90 days isn't long, CMY won't be sitting around for some other player to get hands on BCC... so buy X shares and make X today or buy and sit what comes next. I am sure burnt people from CMY have already jumped ship or are waiting for it be again 3cents to jump... those that did jump from QBL are proven so wrong. at present 250million shares traded worth $2.5mil on ASX & CHI-X combined.
there are already people lined up 0.006 upwards to be dumped on all day long but it hasn't got down below 1cent for past few hours... if too scared to stomach CMY for next 90 days go buy QBL
which today actually own 55% stake in MCL/Vitahemp.
Disclosure: I own both CMY small parcel, QBL large parcel... DYOR
Some folks miss the train due to being late on reading the ann and want in lower, truth is you see down ramping activity on here and large buy bids going up on the stock to get your stocks cheaper... notice this yourself... don't take my word for it... i see the same stuff happen with QBL. until few days ago i didn't post at all... but the down ramping hurts SP and with penny stocks ever penny counts
