RE:RE:RE:WowI am surprised the share price has held as well as it has. Really there is nothing to work with, the most recent monthly update sounded like they are still getting their act together installing/buying/ordering equipment. It is disappointing, as they have had so much runway to get this off the ground. Better than a failure though (at least at this point), but at a certain point you have to wonder if companies looking to fill orders would take their business to a manufacturer that actually manufactures. The share price may not hold if some decide to take a loss and offset some capital gains at year end.
I do feel for some of you that have been in this since the conversion, it's like they have went from a mining shell company to a cannabis shell company.
I am not so confident the 'anticipated launch of City View's white label chocolate, gummy and baked goods products remains on track during 2021.' (as per Apr. 22, press release) It doesn't build confidence in their self imposed timeslines when Budd Hutt didn't end up opening 2 of the retail outlets either. My only hope is that it is because there is a pending merger between CVGR and Budd Hutt. How much more dilution that will cost, who knows.
I haven't called or spoke with management, but I doubt their verbal words hold much truth if they can't follow their printed releases.
With any luck they get this off the ground at some point, and begin to actaully make something. Product and profits are always good.
GLTA