RE:Called it, you are welcomeCanadaforoil wrote:
Net loss and even worse, loss from operations (their basic business). See you at $.37.
Seems like it's an impossible task 2 be profitable w current avg selling price per gram ( low 3$ last 3 quarters) combined w the amount of taxes deducted and social resp. fees that need to be paid. Large cap LPs with money are just waiting out the mid and small caps. See the executives are given cash to DN though.. shows they are commited since they are taking repayment in shares. Said it once and I'll say it again... need to find a partner or some sort of financing to wait out the storm. DN would do themselves a huge favor if they provided more clarity on their plans going forward ( esp r/t convertible debt).