Aphria (NYSE:APHA) deal maker SOL Global Investments Corp hits back at short-seller report скачать в хорошем качестве

Aphria (NYSE:APHA) deal maker SOL Global Investments Corp hits back at short-seller report

Aphria deal maker SOL Global Investments Corp hits back at short-seller report - RICH TV LIVE - December 5, 2018 - COMPANY NEWS Investing Marijuana 6m ago Aphria deal maker SOL Global hits back at short-seller report April Fong, BNN Bloomberg Aphria shares under pressure again Aphria (APHA.TO) 5.68 0.31 (5.18%) As of: 12/05/18 7:50:18 am REAL-TIME QUOTE. Prices update every five seconds for TSX-listed stocks 29. Nov 3. Dec 5. Dec 2.5 5 7.5 10 12.5 Chart Type - 5day See Full Stock Page » SOL Global Investments Corp. (COL.CD) is defending its recent sale of cannabis assets to Aphria Inc. () (APHA.N) and says it will pursue “all available legal relief” in the wake of a critical report prepared by short-sellers about the Canadian pot producer’s recent transactions in Latin America. Hindenburg Research and Quintessential Capital Management (QCM) released a report Monday that alleged Leamington, Ont.-based Aphria acquired foreign companies in Jamaica, Argentina and Colombia from SOL at “vastly inflated” prices in a transaction the short-sellers claim benefitted a group of insiders. Both QCM and Hindenburg have taken short positions in Aphria. “Quintessential Capital Management and Hindenburg Research are financially invested in destroying the stock prices of SOL Global and other cannabis companies by publicizing false and/or purposely misleading information to apply negative pressure to stock prices,” said Brady Cobb, SOL Global's CEO, in a release on Wednesday. “Our company will not engage in a back-and-forth with these bad-faith actors at this time.” Cobb also said the firm plans to pursue “all available legal relief against parties that have manipulated SOL Global's stock price via false and/or misleading information.” Aphria has denied that the company and SOL are “sister” companies, as alleged by Quintessential Founder Gabriel Grego. It issued a statement on Tuesday stating the company “unequivocally stands behind” the company’s Latin American operations and described the report’s allegations as “a malicious and self-serving attempt to profit" with "misrepresentations and distortions" about its business. Aphria CEO Vic Neufeld wasn’t immediately for comment. Shares in the pot producer were up more than three per cent at $6.15 on the Toronto Stock Exchange as of 9:50 a.m. ET Wednesday. It has declined more than 40 per cent since the short-sellers’ report was released on Monday. Subscribe -    / richtvlive   Visit - http://www.richtvlive.com/ a one-stop shop for cryptocurrency, stocks, sports, travel and trending topics. #richtvlive #aphria #breakingnews Join the RICH TV LIVE FREE Social Media Community - Download the Amino app on your phone or computer and follow the link - https://aminoapps.com/c/RICHTVLIVE/home/ Join the Conversation get the RICH TV LIVE app at Google Play - https://play.google.com/store/apps/de... iPhone App Store - https://itunes.apple.com/us/app/richt... Popular Uploads - https://goo.gl/tbvXGg Most Recent Upload - https://goo.gl/unKXBy YouTube Channel Page - https://goo.gl/yUdG7w Subscribe - https://goo.gl/q2tLnn Rich TV Live Playlist - https://goo.gl/e116JF YouTube support Tubebuddy - https://www.tubebuddy.com/RICHTVLIVE Disclaimer RICH TV LIVE company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators....