OTCPK:SPLID - Post by User
Post by
geodcanon Feb 21, 2018 1:24pm
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Post# 27595362
EAT
EATLong term shareholders of EAT know that I have been here since the early days. I invested because I felt that edibles and oils would be winners. I have had all of the emotions while following the progress of this stock. Initially I pumped the stock because I was happy with the progress. I had concerns when we went chasing real estate deals which I considered losing focus. I am well aware that some licensing requires residency or bricks and mortar and the adress that comes with it.
Colorado was the place to be with their wide open arms and acceptance of marijuana for rec use as well as medicinal. Colorado was a good choice for residents.
Sadly we weren't really residents and we got called on it. Despite the fact that our licensing got withheld we did manage to produce some quality oil and proved that we can get something done.
I have great concern about our ambitiousness of securing real estate and some of the partnership deals seem to be more financing than partners in dispensaries. It is a way to steer towards some cash flow and show some accomplishments by association.
Jim Frazier imo has the focus and California is clearly in his sights. All of the stock players are having licensing problems in California, even the previously licensed pharma companies but I'm sure we will survive the licensing process and subbing some products will get our brand known and established.
Investors have to do their own due diligence to separate the optimism from the fact with the multitude of what seems like daily news releases.
We have lots of new players and nobody knows who is going to be quicker, smarter, have a better product line and able to make a dollar to drive shareprice or pay dividends. There are going to be lots of marijuana hopefuls that fail and take the shareholders dollars with them. I don't want that for EAT but that depends on focus and execution. Go Jim! glta and dyodd