Post by
geodcan on Jul 15, 2020 5:50pm
I don't like the way this
shook out with BR. I want to see what other offers or interest there is not just a rammed down your throat deal that is to be. It doesn't seem right but clearly when Dixie ipo'd they didn't have a clue and failed shareholders big time. I know it was tough times for potpreneurs, even US MSOs who were hoping that the Feds would get out of the game they are playing. Dixie had a 10 year existence and 100 skus which I gave more value than we are getting for it now. Jmho but this needs to be scrutinized by SEC and some lawyers. The way things were going for Dixie since ipo could be part of the gameplan to run away with the company for nothing, or near nothing. By my calculation I have about 20% of a stock that I got beat down on by about 85% in sharevalue by the incompetence of management, who it seems might still be in the drivers seat when he should be down the road. This is the last hope for those of us that have already been robbed and we are relying on the sum of the pieces being our salvation. I would have liked to see an offer from AriZona Iced Tea or anyone other than Rose Capital's Trip Keber who sold the company and is back in the driver's seat as far as ownership in hightly questionable tactics. I guess his ace in the hole is that he still owned a lot of shares. They do seem to have their eyes on beverages and with AriZona they could be a major player in the cannabinoid infused if they can come up with some great flavours. Don't expect too lofty a shareprice when the new stock launches because shareholders aren't first with these guys.
Comment by
Jo1987 on Jul 23, 2020 5:09pm
Wasn't this special shareholder meeting on July 14? Why are there no news on it? Did you participate?