CGB 0.00% 2.1¢ cann global limited

Ann: Request for Extension of Voluntary Suspension, page-7

  1. 2,133 Posts.
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    I wouldn't be shocked at a reverse-takeover either.

    Over $8m cash at end of Sept quarter, $5.5m market cap, $54,000 ($54k) income for 3mths, limited positive prospects to see going forward.

    Dug the company into the bottom of a foxhole with shareholder funding.
    Their re-listing mantra of 'creating shareholder wealth' is shot to pieces.
    Using the word 'Global' within the industry on a $54k quarterly income is an insult to credibility.
    Costs of over $500,000 to generate $54,000 ....really ?

    BoD overweight with legal personnel that can't even represent the company in law courts.

    If they can't generate any meaningful income within cgb, what company would entertain the prospect of being acquired by cgb unless the offer was loaded with incentives ?
 
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Currently unlisted public company.

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