RE:RE:RE:RE:RE:RE:Knock Knockanjz661 wrote: So another Friday has come to pass.
One one hand I wonder who is selling, as they have to be close to getting approval, so why not wait a few more weeks, or however long it is.
One the other hand, I suspect if nothing occurs in the next month or so, we will see downward pressure on the share price unlike we have seen thus far.
Regarding the CFO, I had just figured that he was older and they wanted someone else to carry them through with the next phase of the company. (ie: the actually making a product or profit part) I really didn't read too much into that.
I am still optomisitc that they will get approval soon, that the Budd Hutt deal becomes legally binding, that there is another deal (with a beverage company Ian?) or two (edibles?) to be announced, and that expansion is soon as their contracts will utilize all of their current capacity.
Or they will go to 0 and we will all lose our money. LOL. It will be one or the other.
With any luck we will all have a green Christmas. (cannibis and financial pun both intended)
This news release blows my mind. They are no longer cultivating? They don't even have extraction machines...they don't have anything to extract once they get machines and they have no binding deals. Further more, BuddHutt doesn't even exist yet. There was talk of several Alberta locations and now there is no talk or hype or store anywhere. It's unreal that anyone is buying right now. I am very sceptical of what is to come as all of their plans since the IEX days have accumulated to absolutely nothing today. We are approaching two years since the halt and we have nothing but a vacant, semi-complete, at best, building that will no longer cultivate. So what are the grow rooms going to become and the dry rooms? No more cultivation period? There needs to be more to this or we are going to lose everything.