OTCPK:EMMBF - Post by User
Post by
Martinez1441on Jun 21, 2018 10:02pm
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Post# 28210167
Supply deal
Supply dealOk, Ive been checking in here and yahoo's EMC message board for about 6 months just to see whats going on. I own 11,751 shares. I just got a reply from Ethan, Emblem new investor relations guy. I emailed about my concerns that Emblem isn't producing value for shareholders as promised and requested some clarification about this issue. I emailed the day before the Emblem Germany press release, so neeless to say I was pleasantly surprised the next day. I got a reply from Ethan today which I think is going to provide a lot of security to longs like myself. Some people may not like it, some people may love it. I love it. We will see a much greater revenue stream near term. I am getting super excited. Here is the copy pasted email from Ethan:
"Hi Leroy,
We have not started construction on Paris Road yet. We are looking at other solutions to have supply online in the short term, but I can't say any more than that at the moment. Paris Road is still in our plans.
Unrelated to Paris Road, please have a look at our press release from yesterday (if you haven't seen it yet). Massive news for us as we can receive much greater margins in Germany due to their insurance coverage of medical cannabis.
I can't give you investment advice but if it puts you at ease, we consider this a huge vote of confidence that we will be able to execute. Between the Acnos deal, Shoppers, and Fire & Flower, we have supply agreements in place that should de-risk any investment we make to wards expanding capacity.
Best,
Ethan