SNNVF - Sunniva Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.1480
-0.0220 (-12.94%)
As of 1:44PM EST. Market open.
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Previous Close0.1700
Open0.1450
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1367 - 0.1650
52 Week Range0.1000 - 4.1000
Volume35,700
Avg. Volume91,724
Market Cap4.941M
Beta (5Y Monthly)1.64
PE Ratio (TTM)N/A
EPS (TTM)-0.4780
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Sunniva Responds To Filing Of Statement Of Claim With Respect To Sale Of Natural Health Services Ltd.
    CNW Group

    Sunniva Responds To Filing Of Statement Of Claim With Respect To Sale Of Natural Health Services Ltd.

    VANCOUVER, British Columbia, Feb. 24, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) has become aware that it has been named in a lawsuit (the "Lawsuit") commenced by Cura-Can Health Corp. ("Cura-Can") in connection with an amended and restated share purchase agreement dated December 16, 2019 (the "Share Purchase Agreement"), pursuant to which the Company agreed to sell its wholly-owned subsidiary, Natural Health Services Ltd. ("NHS") to Cura-Can (the "Transaction"). The remedies sought by Cura-Can in respect of the Lawsuit include damages from alleged misrepresentations made by the Company in the Share Purchase Agreement in respect of ongoing investigations related to the previously disclosed privacy breach of NHS. Sunniva intends to defend this action.

  • Sunniva Inc. Provides Update On Current Liquidity Position And Announces The Resignation Of A Board Member
    CNW Group

    Sunniva Inc. Provides Update On Current Liquidity Position And Announces The Resignation Of A Board Member

    VANCOUVER, British Columbia, Feb. 20, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN.CN - News) (OTCQB:SNNVF - News), announces that its wholly owned subsidiary, CP Logistics LLC, has secured a short term loan (the "Loan") in California for net proceeds of approximately USD$477,803 with a non-bank private lender as part of its ongoing efforts to manage current liquidity issues. The Loan has a term of 12 months, bears an interest rate of 12%, and is secured against Sunniva's warehouse located in Long Beach, California. This loan is one of the cash generating initiatives that we have been pursuing; however, our stakeholders should understand that as previously disclosed Sunniva continues to face significant business and financial challenges," said Dr. Anthony Holler, Chairman and CEO of Sunniva Inc. "In California, we are involved in a dispute related to the Cathedral City Glasshouse where the owner and landlord is seeking to terminate our lease.

  • Sunniva Inc. Announces Ceasing Operations Of Full-Scale Distributors, LLC
    CNW Group

    Sunniva Inc. Announces Ceasing Operations Of Full-Scale Distributors, LLC

    VANCOUVER, British Columbia, Jan. 27, 2020 /CNW/ -- Sunniva Inc. ("Sunniva" or the "Company") (CSE: SNN) (OTCQB: SNNVF), announces that as part of its previously stated cost saving measures through reducing its business activities in California it will be ceasing operations of its wholly owned subsidiary, Full-Scale Distributors, LLC ("FSD") by the end of February 2020. While the Company believes that it has strong legal positions with respect to the announced dispute and is taking steps to exert its position, there can be no certainty that the Company will ultimately prevail or that it will be able to deal with all of its debt as it becomes due.

  • CP Logistics, LLC Files Motion To Compel Arbitration In Dispute With Sunniva Production Campus, LLC and Announces The Resignation Of A Board Member
    CNW Group

    CP Logistics, LLC Files Motion To Compel Arbitration In Dispute With Sunniva Production Campus, LLC and Announces The Resignation Of A Board Member

    VANCOUVER, British Columbia, Jan. 14, 2020 /CNW/ -- Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), announces that its wholly owned subsidiary, CP Logistics, LLC ("CPL"), has filed a Motion to Compel Arbitration ("Motion") in California Superior Court for the County of Los Angeles (the "Court"), seeking to compel Sunniva Production Campus, LLC ("SPCL") to arbitrate its claim that CPL breached the payment terms of an Amended and Restated Promissory Note dated August 11, 2019 (the "Note") and to stay the Court action SPCL commenced on December 11, 2019 with respect to the Note. Through the filing of the Motion, CPL has asked the Court to restrain SPCL from attempting to avoid the Arbitration process.

  • Sunniva Responds To Filing Of Notice Of Claim With Respect To Finder's Fee Agreement
    CNW Group

    Sunniva Responds To Filing Of Notice Of Claim With Respect To Finder's Fee Agreement

    VANCOUVER, British Columbia , Jan. 2, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company") ( CSE: SNN ) ( OTCQB: SNNVF ), has become aware that it has been named in a lawsuit (the ...

  • CP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied
    CNW Group

    CP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied

    VANCOUVER, British Columbia , Dec. 26, 2019 /CNW/ -- Sunniva Inc. ("Sunniva" or the "Company") ( CSE: SNN ) ( OTCQB: SNNVF ), announces that the previously reported application for ...

  • CP Logistics LLC Files For Temporary Restraining Order Against Sunniva Production Campus, LLC In California Superior Court
    CNW Group

    CP Logistics LLC Files For Temporary Restraining Order Against Sunniva Production Campus, LLC In California Superior Court

    VANCOUVER, British Columbia, Dec. 24, 2019 /CNW/ -- Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), announces that its wholly owned subsidiary, CP Logistics LLC ("CPL"), has filed an application for a Temporary Restraining Order ("TRO") in California Superior Court for the County of Riverside (the "Court") and has submitted a Notice of Claims with JAMS, the world's largest private alternative dispute resolution provider, to initiate the arbitration process ("Arbitration") with respect to the previously disclosed Notice of Termination Letter issued by the Sunniva Production Campus, LLC ("SPCL") with respect the Lease related to the property located at 69375 Ramon Road, Cathedral City, California. Through the filing of the TRO, CPL will ask the Court to restrain SPCL from enforcing its alleged termination of the Lease until the Arbitration process is completed.

  • Sunniva Inc. And CannaPharmaRx, Inc. Provide Update On The Sale Of Sunniva Medical Inc.
    CNW Group

    Sunniva Inc. And CannaPharmaRx, Inc. Provide Update On The Sale Of Sunniva Medical Inc.

    KELOWNA, British Columbia and VANCOUVER, British Columbia , Dec. 23, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx Canada Corp. ("CannaPharmaRx"), a subsidiary of CannaPharmaRx, Inc. (OTC Pink: CPMD) today jointly announce that while the previously announced December 20, 2019 outside date of the Share Purchase Agreement has passed, they continue to work towards completion of the sale of the shares of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction"). SMI owns the Sunniva Canada Campus, which includes construction assets for a planned 759,000 square-foot greenhouse located on an approximately 114-acre property in Okanagan Falls, British Columbia . Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

  • CNW Group

    /C O R R E C T I O N -- Sunniva Inc./

    In the news release, Sunniva Inc. Announces Amended Terms And Closing Of The Previously Announced Sale Of Natural Health Services Ltd., issued 19-Dec-2019 by Sunniva Inc. over PR Newswire, we are advised by the company that the previous press release issued December 19, 2019 inadvertently omitted information regarding finder's fees payable with respect to the Transaction. Sunniva Inc. Announces Amended Terms And Closing Of The Previously Announced Sale Of Natural Health Services Ltd. VANCOUVER, British Columbia, Dec. 19, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", "we", "our" or the "Company") (CSE:SNN, OTCQB:SNNVF) and Cura-Can Health Corp. ("Cura-Can") are pleased to announce the closing of the previously reported sale (the "Transaction") of Sunniva's wholly-owned subsidiary, Natural Health Services Ltd. ("NHS") on December 18, 2019.

  • Sunniva Responds To Ex Parte Application Filing In California Against CP Logistics, LLC With Respect to Outstanding Promissory Note
    CNW Group

    Sunniva Responds To Ex Parte Application Filing In California Against CP Logistics, LLC With Respect to Outstanding Promissory Note

    VANCOUVER, British Columbia , Dec. 16, 2019 Sunniva Inc. ("Sunniva" or the "Company') ( CSE:SNN ) ( OTCQB:SNNVF ), has been advised that Sunniva Production Campus, LLC ("SPCL" ...

  • Sunniva Provides Update Of California Operations As A Result Of The Current Legal Disputes
    CNW Group

    Sunniva Provides Update Of California Operations As A Result Of The Current Legal Disputes

    VANCOUVER, British Columbia, Dec. 13, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) announced today it is taking steps to preserve its available funds to allow it to actively pursue its rights under the previously disclosed dispute related to the Build to Suit Lease of the Cathedral City Glasshouse and to deal with disputes with certain of its debt holders for due, and claimed due, debt. As part of these cost saving measures, the Company is reducing its business activities in California relating to both the extraction facility in Cathedral City and the distribution facility in Coachella while seeking opportunities to monetize both, and is actively pursuing the sale of the Long Beach warehouse.

  • Sunniva Responds To Filing Of Notice Of Claim With Respect To Promissory Notes
    CNW Group

    Sunniva Responds To Filing Of Notice Of Claim With Respect To Promissory Notes

    Sunniva Responds To Filing Of Notice Of Claim With Respect To Promissory Notes

  • CNW Group

    Sunniva Inc. And CannaPharmaRx, Inc. Announce Extension To Outside Date Of Share Purchase Agreement For Sale Of Sunniva Medical Inc.

    KELOWNA , British Columbia and VANCOUVER, British Columbia , Nov. 28, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx Canada Corp. ("CannaPharmaRx"), a subsidiary of CannaPharmaRx, Inc. (OTC Pink: CPMD) today jointly announce that they are extending the outside date of the Share Purchase Agreement previously announced on June 11, 2019 with respect to the sale of the shares of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction") until December 20, 2019 . The terms of the SMI Transaction, as amended on October 2, 2019 , otherwise remain unchanged, with the purchase price to be satisfied by way of CAD $16.0 million in cash (less outstanding indebtedness of SMI at closing) and CAD $4.0 million by way of a promissory note of CannaPharmaRx (the "CPMD Note").