RE:Website UpdateThanks for the update. This is a step in the right direction.... They need to market themselves to shareholders as an owner operator, not a merchant bank....
Ive said before, but I think the name iAnthus is working again them. If they just called it Anthus, it would better... The "i" is what confuses investors in my opinion.
Also, retail investors are pretty dumb. They seem to like the penny stocks. But, iAnthus is also trying to make acquistions using stock, and I would guess license holders prefer owning $3 shares than $0.30 shares.
In the end, the name doensn't matter and the share count will help us. The float is really low right now as I understand it. As more people wake up to this story and see the long term potential (50+), we are more likely to bring in long term investors, and this will really reduce the float.
But more importantly, make it less dilutive to make acquistions using stock.