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RIV Capital Inc. (CNPOF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.2600-0.0048 (-0.38%)
As of 03:58PM EST. Market open.
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  • M
    Mick
    First trade of the day and someone sold/bought 140 shares of a company trading at $1.58 ? That’s a $221.00 trade
    Gosh……
  • L
    Lotfi
    Ouch
  • J
    Jason and Georgia
    RIV:
    they finished the quarter with 400 million cash and a market value of 180 million…..
    If their financials are honest, they seem like a fantastic deal at these prices…..
  • L
    Lotfi
    Blood bath in the market and RIV is up 6.25%... go and try understanding
  • M
    Mick
    Big day tomorrow. Major volume will happen. Narbe Will have to let us know what is gonna happen hopefully and we could see a big swing up. Downside risk is limited as we trade in cash. Hopefully great news and we will find out what there pro expertise will show with all this time waiting. GLTA 🙏🙏🙏🙏🙏
  • S
    Sumbo
    I can understand the frustrations of many on this message board. I’ve been dying to see the US investment news from RIV as well. But for the chicken littles out there who are constantly complaining and calling out for the management to just pick up the first deal they could find, have you listened to the earnings call or read the transcript? Do you want them to repeat the same mistakes as their predecessor who had picked many of the failing companies? I would rather have them take their time to do utmost due diligence to find the diamond in the rough. It’s great to hear them reiterate that they’re playing the long game and not going for the hype just to get short-term gains. I’m glad the SMG is on board to keep them in check. SMG is a serious blue-chip company that knows to generate profits. Here are the excerpts of the CEO and Chief Strategy Officer from the Earnings Call Transcript by Seeking Alpha.
  • B
    Ben
    as expected they have done nothing ..... still in "talks" with some company like they have been for a year ... and they'll let us know whats the result of those discussions in coming months lol .... yet expenses are high as it can get for a bunch if people sitting on their hands all day everyday..... the audacity to report "nothing " but expenses again is baffling. .. watch some punters be like this the best earning in the sector.... please !!! we are run by an incompetent management without any clear plan... no prospect ... just chipping away at the money ... wake up people !! they have out money hostage
  • J
    Jeff
    Everything back to normal today lol
  • R
    Rocky
    Looking like a bloodbath in the markets today, stay strong!!! 💪
  • F
    ForkInWorldofSoup
    Lots of frustration with CNPOF and its leadership. That's fully reasonable. I'm bag-hodling, too, down ~42pc.

    However...however, I'm under the assumption that an announcement could come at any time. We don't have to wait for the next quarterly.

    Problematically, like so many things in the current economy, I imagine CNPOF's targets are being tabled at inflated valuations. Despite the fact that the category is being beat to cuss.

    My point is, acquisitions at this particular point in time are precarious.

    I'm impatient, like a lot of investors here, but I'm cautiously optimistic that this, too, shall pass. Gravity is working in our favor.
  • D
    Dave
    I sold my entire position of 10000 shares for a 55% loss on Friday. It was the biggest loss I ha e ever taken, and alot of money for me. I think there are other opportunities to make it back quicker than wishing, and hoping on a company with very little positive going for them. It's a very different company, without the leadership of Bruce Linton who was expanding like crazy. Good luck to everyone who remains.
  • S
    Sumbo
    RIV Capital: Why Playing the Long Game Will Pay Off in the Cannabis Industry
    www.youtube.com
  • M
    Mick
    21 US governors sign letter to Congress supporting marijuana banking

    By MJBizDaily Staff
    November 10, 2021 · Updated November 11, 2021

    SHARE
    Almost half the nation’s 50 governors put their names on a letter this week to Congressional leaders, urging them to approve the SAFE Banking Act, which would provide safe harbor to financial institutions that work with state-legal marijuana companies.

    “Simply put, this is a public safety issue that Congress has a responsibility to address,” states the letter, which was signed by 21 governors representing both major political parties along with the governors of Guam and the U.S. Virgin Islands as well as the mayor of Washington DC.
  • R
    Rocky
    This week is going to be beautiful!
  • M
    Mick
    MARIJUANA
    While Canadian Weed Producers Wilt, American Operators Like Green Thumb Thrive
    By Bill Alpert
    Updated Nov. 11, 2021 5:49 pm ET / Original Nov. 11, 2021 4:07 pm ET
    Order Reprints
    Print Article

    American cannabis chains continued to outperform their Canadian counterparts in the September quarter—by a widening margin. While U.S. operators like Curaleaf Holdings and Green Thumb Industries grew sales by a respective 74% and 50% over the prior-year quarter, Canadians like Cronos Group and Canopy Growth took write downs of $220 million and $87 million, respectively, because they can’t sell what they’ve got.

    The licensed cannabis industry in the U.S. now has annualized sales of $25 billion, on its way to $75 billion …$80...
  • R
    Rocky
    Narbé Alexandrian, President and CEO, RIV Capital. “We continue to advance discussions with a select number of target companies that we believe embody the qualities we are looking for in our U.S. operating and brand platform, and look forward to making an announcement further to this in the coming months.”
  • M
    Mick
    Check out Green Thumb Industries Hit it out of the park now 5 consecutive quarters. Narbe , follow this business model and you will make us all bank 🏦 $$$. Stocks will be up tomorrow as this company is gonna tow up this industry. Terry Booth?? I would run from that guy ASAP. Please Bill post on there site. This is Riv Cap.
  • B
    Ben
    lately the volume is similar to that of management's insider buying and future plans .... literally none existent. unfortunately...