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Bullboard - Stock Discussion Forum The Canadian Bioceutical CBICF

MPX Bioceutical Corp is a Canada based company involved in the natural health products industry. It is engaged in the manufacture and distribution of nutraceuticals to the North American marketplace and providing financial and business expertise to emerging corporations primarily in the pharmaceutical, medical and biotechnology industries. The company provides management, staffing, procurement,... see more

GREY:CBICF - Post Discussion

The Canadian Bioceutical > Reasons I like this company!
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Post by CarbonBigFoot on Dec 14, 2017 10:40pm

Reasons I like this company!

So why are we at .40 cents ???
  • Leadership position in strong and growing Arizona medical market with highly profitable operations
  • Multi-state strategy, with operations in Massachusetts and pending acquisitions in Maryland and Nevada
  • US$38mm equity capital raised in early 2017
  • Strategic equity investor in Hi-Med, LLC, which has also provided a US$25mm revolving credit facility
  • ACMPR applicant
  • Organic growth with existing Arizona operations, including additional dispensary openings under the Health for Life brand and expansion of MPX concentrates brand
  • Additional acquisitions in AZ, including pending transaction
  • Expansion into additional states, with pending acquisitions in MD and NV
  • New development in high-potential, early-stage markets with strong barriers to entry
Comment by Chevy_Chase on Dec 15, 2017 5:37am
Here's a good reason... Management takes every opportunity to dilute the stock.
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