RE:luxor You can chirp him all you like, the problem is that he is in fact right. The idea behind this company is amazing, and when people initially bought in, this thing skyrocketed, it was my main pick!
But how do you justify investing in a company that consitently lies to you. A shutdown of operations is a HUGE deal, and not a word was spoken of it. I myself contacted IR multiple times asking about it because there were board members stating that was the case, and they 'had no idea about any shutdown'. Disgusting. Then they recently failed to mention their constraints of product....man, come on, fool me once you know?
I honestly hope this stock shoots up to the moon for you guys, really I do, it certainly has the potential, just not with Don at the wheel. This will go off of a cliff. Read the sedar filings. https://t.co/ocec6HgSJn
This is the quote that I really want people to see:
Due to the issues noted above the Company is expecting a shortfall in expected revenues that may be as high as 75% of the typical run rate of recent quarters.
75 percent. This is not a joke, this is not a bash, this is fact, this is based off of their monthly progress reports Meaning their revenues will likely be 250k tops per month. That's insane and I don't imagine that will sit well with shareholders.
Honestly if you still believe in this company for whatever reason I don't think there will be anyone to convince you otherwise, and I really do wish you luck, but there is so much value in other mj plays. I hope this stock turns around, but there's no way in the world it will until at least q2.
Also to the people rating this one star, why not just try to offer a rebuttal instead? This is about conversation.