RE:RE:RE:OSO is one to watch.hotinfo wrote: Teatime1 wrote:
I think unfortunately most people here don't understand that Osoyoos has nothing but 2 combo extraction machines. They are not in a fast track program, they don't even have an application in as the new rules are you have to build it first!. So let's look at the facts. 700k in cash burning at 45kish a month 25k on a CEO and COO that do absolutely nothing but sign the rent cheque. 1.5m in debt. Let's say about 1.5m worth of equipment. So what is a company that has no operational business 700k in cash and a 45k per month burn worth? ( assume debt plus equipment cancel out). They need 3m minimum. Why would any reasonable person invest in this shell. As for good management all I can do is lol at that comment. Gerry is a penny stock placeholder CEO with no actual skills or abilities he is just there as a token CEO just like all the other penny stock boards he is on. Oso is praying to raise at 5 cents. That will fail and they will be delisted
teatime1 ! we are the only two who say it like it is ... 5 cents next week ?
Plus we are lead to believe (forwarding statements) that the Natives will let the white man use their land (best land in Canada to grow pot) at a very cheap price so the white man can make hundres of millions in return to employ Natives ?!?!?!?!?
Ya, I don't think so.
I think the Natives will probably get the 2 machines at a discount, grow their own stuff and be as successful as the winery and painkillers they started (as shown in the OSO Investors Package). Just my opinion !