MTL Cannabis Corp C.MTLC

Chv just gave back 2 months worth

[letsflythis]

Perhaps the market senses another dilution coming ?? Were right in that time frame where chris had his hands out ... or just the lack of communication to the shareholders has the new investors worrying about their investments giving back 2 months worth of gains isn't a good sign GLTA

[Bogart99]

I think some investors are reacting to the acquisition by CHV of IsoCanMed Inc. which involved issuing 273 million more shares.  Yeah, i think the market is saying further dilution has occured and now the share price will reflect that. Here is a link to the acquisition announcement: https://ca.finance.yahoo.com/news/canada-house-wellness-group-closes-183600124.html Here is a link to

[DonnieBrasco000]

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[Bogart99]

I am going to buy some if it gets cheaper.  This is a very speculative stock. The company is basically saying we have a captive market of veterans who need cannabis treatment.  I think there is some merit to that.  I see growth potential there.  However, they need to grow sales and I look at the executive and not seeing anyone with great marketing history. My plan is buy

[letsflythis]

Also the arrogance of the CEO is unreal for the past 3 years all hes been saying is creating shareholder value! I have yet to see it and probably will never .. their monthly sales are declining that's even with a sales license like how is that even possible??

[Eroc89]

31 percent increase in abba customers for month of June. 

[DonnieBrasco000]

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[letsflythis]

I think a lot of bag holders would be so happy to see 20 cents ! but is that realistic at the rate these guys dilute ? they are on average 200 million dilute per year ! don't forget in 2016 they did a RS and now have the share float back up to half a billion or more

[Bogart99]

Letsflythis, you are correct, this company is constantly in need of capital and raises it by way of issuance of stock and did that stock split.   I think with every stock a person holds they have to understand what the business plan of the company is and whether or not they are executing on that plan.  Fundamentally, this company needs sales. In their June 16th, 2020 press release

[letsflythis]

Advertising...promotions is something they need desperately! Let's say they got all their patients to buy chc weed could they even supply 25 million dollars worth??