The final days of us being a dogHello board. Sorry I haven't been active but life trumps Stockhouse.
For any longs who have inboxed me and wondered what is happenning I can tell you only this....
Our days as the dog of the Cannabis sector are over.
Soon we will take our rightful place as the sovereign ruler of the space.
Aphria will rise to the throne and it begins today.
Bottom is in. We are a company that is run by an executive team that is far more competitent than the others in the space. Many here have been disparaging Vic because he hasn't delivered them a deal. One thing I am certain of is that Vic and his team have been entertaining and negotiating with many multi billion dollar entities for months. If you think buying a house can be difficult you should try putting together a deal when your company is EXTREMELY undervalued. Of course our negotiating team would need to be stubborn and say no to low bids. Otherwise they would not be representing us in good faith. I've met our executive team. They are high level, competent and respected in the industry. We need to understand that your goals and theirs are the same. They want the highest share price possible. Imagine being John Cervini with the millions of shares he owns. Do you think that a 20% haircut is acceptable when HE KNOWS the real value of his shares? How would you feel about selling your greatest and most valuable asset for 20-50 percent below its real value. You'd be pissed. Be confident that our C Suite is making the right moves to put our company first. The game plan is not to take any offer and then implode. We are in the game to win it. This will mean navigating the difficult periods and being patient with offers that discount our true value.
That being said, I know that a deal with any name we've floated around would add instant credibility and stability to our share price. HOWEVER, we need to have a broader vision. The right deal will propel us to the highest levels. All the hard work preparing for this industry took years. They have laid the groundwork. Now it is time for them to reap what they've sowed.
I'm expecting big things. Be prepared for the tidal wave.
Atheena