Equity.Guru podcast: Eureka 93 (ERKA.C) provides answers on dissolved partnership and 15:1 share rollback

Eureka 93 (ERKA.C) is trying to get back on track in the wake of a dissolved partnership with Canopy Growth (WEED.T), a 15:1 share rollback and an eight-month trading halt.

Shares lost 90% of their value when folks who had been forced to sit on the stock during the halt dumped their shares on the open market.

Equity.Guru’s own Chris Parry had written about the company and its troubles since the days of Livewell and at Eureka’s request, sat down with company CEO, David Rendimonti, to get a closer look at Eureka 93 as well as an explanation for the company’s activities during the halt. Prickly questions were asked and answered.

Listen in!

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

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12 Comments on "Equity.Guru podcast: Eureka 93 (ERKA.C) provides answers on dissolved partnership and 15:1 share rollback"

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Andrew Sephin
Guest
Arrogant, self loathing and focused on avoiding the truth. He has not accepted any of the failures, most of which were caused simply due to incompetence of the company, not external market factors as one would be made to believe. There have been several successful Marijuana companies that started off at the same time as Lvwl/Percy capital and have gone on to create a lot of value for their investors. This company has for the most part, tried to do backdoor “arms length” deals with their friends and that is why they are where they are. Not because they executed… Read more »
bardi
Guest

He says he’s all about Integrity? Really? Ask him what he and his friend Leaker were doing when they formed Relief Effects Inc.

Andrew
Guest

This guy knows nothing about integrity. He knows how to spin stories. That is one thing he knows. He addressed none of the real questions. Spin spin spin. Laser focused on making his friends rich at the expense of the investors. Scammers Kent Hogan and Owen Kenney got their way only because of incompetent people like Rendimonti. Now watch as he brings his other friends as saviours for another takeover at this price.

Jas
Guest

Chris, are you able to clarify what Rendimonti is saying about a potential for a buyout at this price? Is he saying that is fantastic?

bardi
Guest

Chris, you generally do a terrific job but you went relatively soft on the architect of this debacle…still lots of unanswered questions….