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Eureka 93 Inc LXLLF

Eureka 93 Inc is a Canada based company involved in hemp cultivation and CBD extraction operations in North America. The product offerings of the company include Wholesale CBD Products, Full Plant Extract and Isolate Powder.


GREY:LXLLF - Post by User

Comment by bullrun1on Jul 21, 2019 8:08pm
68 Views
Post# 29944635

RE:Bloated overhead

RE:Bloated overhead@lscfa, can you provide a source for these numbers please? In isolation they suggest a trend, but without context it is not meaningful, except to stoke fear in readers of this thread.

Full disclosure: I am long ERKA and like a few other posters, I also increased my position substantially under $2. The current market cap simply doesn't reflect ERKAs assets and production potential, particularly when compared to other CBD players with market caps orders of magnitude higher.

Management is to blame for the total lack of media engagement/publicity campaign leading up to the IPO. This was pretty disappointing, but forgivable given that they have been "laser-focused" (to quote the CEO) on production/sales. I believe that this will only be a temporary drag on sp, so a little patience is in order. 
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