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Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Bullboard Posts
Comment by truestar2on Sep 11, 2017 3:53pm
61 Views
Post# 26681500

RE:RE:Undervalued due to misunderstanding - good buy op

RE:RE:Undervalued due to misunderstanding - good buy op
Jelaco11 wrote: You must be an idiot to believe there was a misunderstanding. They wanted to cash in on the high value of the IPO price and disclosing this news before then would have meant a lot less $$ for them. A very unethical cheesball move. A material event took place and they should have been upfront and disclosed the potential best/worse case scenarios to investors - it was their duty to do so.


I'm not doubting that it shouldn't have been disclosed, however it definitely has been oversold - losing 2 MLN in revenue is not worth 25MM off the Market Cap - its a buying opp one way or the other 

Bullboard Posts