GREY:EXPFF - Post by User
Comment by
KelownaClownon Aug 31, 2021 12:40pm
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Post# 33788177
RE:What keeps the executives up at night?
RE:What keeps the executives up at night?Looks like this poster called it correctly, although this is a friendly takeover, not hostile. Welcome to the world of Valens shareholders. Check out other recent acquisitions including Lyf Foods and Green Roads in the US. Both of those other deals were private transactions, at least I thnk Lyf was, Green Roads was for sure, and instead of cash the owners of the company accepted Valens shares in return for their companies, obviously thinking the stock price has nowhere to go but up. Hang onto your Valens shares - Q3 results should be available in mid-October. Valens is also waiting for HC approval of their GTA beverage plant. 6 months from Valens could be trading at $6 or something like it. Just my opinion of course, but I've been invested in Valens since August 2018 and originally invested after making an actual site visit to Kelowna and meeting some of the exec's. Invest in people.
rapid_fire_ wrote: What keeps the executives up at night?- I would assume it would be a hostile take out at this low of a price. Citizens Stash , is a huge brand-name in the industry, they have legendary quality, and a huge above ground and underground following. The demand for the product we outstrips the supply they can produce.
The biggest worry I would have is the Board of Directors or the CEO would be a hostile take out. End of story. The company is trading at a fraction, maybe 20% of what the true value is of this enterprise, it's a brand name, and it's following. It really won't take long for a mega grower and marketer to realize this Gem is available. A very small float, and relatively good books makes it even more mouthwatering for a hostile takeover. Mark my words.