Replenish Nutrients Holding Corp C.ERTH

How low can this go???

[frostback]

With retail investors voicing their displeasure with the recent offering I am curious how low can this go?  A quick look back at postings here and on other boards there was no shortage of cheer leaders predicting an accelerated SP and robust financial performance by management.  Its certainly not lost on me how quickly sentiment turns in the penny flipping world and this may be an opportunity to get back in.  Is 0.15 a realistic low or am I out to lunch?

[lscfa]

    2022 Revenue 24,000,000 30% Gross margin  7,200,000 Cash Expenses (6,000,000) Op income (ebitda) 1,200,000 Diluted shares 185,005,930

[frostback]

If I understand the posted chart correctly 0.15 is 2.5x the SP listed?

[BarstoolSage]

Bigger picture the financing is supposed to be invested in growing capacity significantly so your 22 numbers are probably accurate, I did not check, but the pricing should reflect those expectations and prospects as well. Not sure how low this will or can go...but the sector is good and fertilizers and soil reclamation products are in required to meet growing demand. And I am definitely one of

[lscfa]

    May2/2022 Shs 99,479,262 Options 5,801,658 Warrants 3,725,010   109,005,930 Jun pp Shs 41,804,500 Jun pp Wrts

[BCdude]

My change in position was entirely based on management's inability to navigate the financing of their growth in a reasonable way. My cheerleading was based on them being able to do that. In the end, even the best company in the best industry will struggle if a management team is not up to the challenge of growing and/or running the business properly. Based on the tailwinds the fertilizer

[1condor]

BCdude...I sold all my shares when they announced this disaster of a financing. It was so clear at the time it was going to kill the stock (it has sell written all over it). Now at 18 cents today with a lower price on the way. I have no sympathy whatsoever for incompetent managment and would never even consider buying into this company again with the same management team at the helm. Dont waste

[BCdude]

Yes, that's probably good advice. So many other undervalued companies to buy into right now. I just REALLY wanted to like this company, because I love what they are doing for the planet. I guess I'm just pissed that management has made this company uninvestable.