Lock your shares like an RRSP: 3 to 5 year timelineThe Poda product has all the ingredients marked for success:
(a) Patent
(b) Superior product compared to competition with ease of cleaning
(c) Safer product compared to competition, closed unit releaseing no toxins, all biodegradeable
(d) Huge market with 1.3 billion smokers
(e) Addicted consumers - added for life once they become a client
(h) High margin business
(i) Many lines for poda products (tobacco, alternatives, weed, thc, medical, coffee, etc..)
(j) Diistribution deal with Eson is huge with possible 250 million pods per month distributed
(k) PMTA in 15 months (license for tobacco in USA + Canada) will open doors to huge tobacco players
(l) Great management team with many players whom have grown companies into billion dollar ones
(m) Management is extremely diligent and respectful of authorities preferring safety over quick profits.
This type of investment is similar to investmetns that would have been made in Apple, Microsoft, Google, Netflix, Facebook, Tesla, etc...
It is an investment which you do not throw away thinking of quick profit trading.
The best strategy is to lock your shares away and, to continue to accumulate a little each month to add to your portfolio. As the company executes properly and grows its business, you will be richly rewarded with millionaire status.
Time frame is a 3 to 5 year period to become one of the dominant players in the field.
Armistice Capital LLC did not throw away money at $ 2 per share, if they bought at that level it is because they see the price 20 times higher.
My personal opinion,