Post by
Tom9999 on Aug 02, 2018 4:55pm
People are talking about tier 1 or tier 2, amateurish!
People are talking about tier 1 or tier 2 companies in this sector. That is amateurish.
Please compare HIP with WEED for the following metrics, you will know HIP actually is in a better position:
HIP: cash $97m; inventory $6m; liability $3m; Market cap $274m
WEED: cash $322m, inventory $101m, liability $92m. Market cap $7,480M
We are small cap. WEED market cap is 27 times HIP, but cash and inventory are not. Liability is 30 times.
For HIP, A little bit sales are ok. How much sales can support market cap like WEED? WEED has a longer way to go.
Comment by
Ggeeman on Aug 02, 2018 5:32pm
my point exactly . i only mentioned tier because its being used . I agree with you 100 percent . HIP is fully integrated and will reap the rewards earlier than those BIG BOYS imo . I guess we shall wait and see