RE:He is clearly indicating . . .How did you come to the conclusion that indicated no fcf or profit in q2? No where at all did he mention anything about q2 results and with good reason, the official report isn't out yet and like a good CEO he's not letting anything unofficial slip (unlike Elon). Get a grip and stop blantantly misrepresenting things.
As for raising capital, I agree for the most part no one will be happy if they do it at this price. However someting to keep in mind that the price of acquiring licensed stores has come way way down, so while we would being less capital per new issued share we will be getting stores at way better value. So as John said, they would of course seek to use cash and tradiitonal financing first but if they can make a deal accretive it would still be worth considering. Makes sense to me, plus I'm expecting good q2 results that will hope bump up SP some.
Canadaforoil wrote:
no profit or fcf for Q2. If they do anything else to raise capital, via stock issuance or debt, they will drop like a rock to $.30. You need to do one thing well, get your operations in order. Then think about different revenue streams and growth. Get one thing right first.