RE:RE:Dot com boom vs Marijuana boomGood points!
1. What evidence do you have it’s a strong leadership team ? From the looks of it too management go from one start up to the next after they’ve made their money. Perhaps this is the one they stick around for ?
2 state of the art facility. It should be it’s new! Who’s going to be running it? No experienced staff growing anything. Sure you could hire people. Lots of risk and time to hire a goof group of people l
3. Strong balance sheet . Yep , 100 plus million cash with close to zero production. Basically the relief investors. Namely the numbererd companies related to board spent a few hundred k for few million shares at pennies will make out no matter how much it drops too. Check it up
4. Vision for growth . Hope they have it. They’re investor presentation have them selling pot at 8-11 per gram. By the time the facility’s are done in 2 years they’ll be lucky to get half that price. Most other places will be done by then too
5 leadership has a great vision ! And that’s Doing and amazing job raising capital !!!!
how can a company with zero sales , zero production facility ready for 1-2 years , no grow experience be valued at $1 billion ( fully diluted) at current value their worth at most cash value plus a few million for licensing.
6. Mass hype. Getting 4000 plus retail investors is a stroke of genius ! They have 4000 plus advertisers hyping people to get in. No sales , no facility yet! Sounds more like a pknzi scheme. Last one in is screwed. Board members, early investors will be fine and make out. Buy now at you’re own discretion
7. Billion dollar valuation with 0000 sales , 0 customers , 0 anything !!!! Come on open you’re eyes. I hope I’m wrong . For the sake of people buying in now. Not likely . Watch this move from now to 6-7 months from now
8. Good luck all! Due you’re dd and make lots of green $$$$