RE:RE:RE:RE:RE:RE:RE:I bet you there is another cash raise in the worksBTW.....i cant remember the math but buying the debs is like buying these shares at .12c or something.....so will be selling some or all of these shares 5 months from now between .10c- .30c.... quote=Bever73]I am not optamistic about next Q release...BUT i am thinking mmcap would not agree to accept worthless shares...so i bought more debs yesterday at 27.50 and will be selling my shares 4-6 months from now when mmcap pumps up the stock on an eventual turnaround in the company. 2-3 Q's from now look for a pump and dump....i will be one of the dumpers.....thats the strategy for now unless i am convinced to only sell a portion. Transporter a huge number of shares will be hitting the market over the next few weeks...it doesnt take a rocket scientist to put the pieces together..... quote=johnale]
Transporter - look at the 3 mth chart - long steady decline into restructuring the debt.
method is right - the financing happened and it was the 100mil cash owed to the debt holders - which was raised through share issuance (at a premium (54.5cents on 63.5mil)
as for your assertion on revenues - that's what I'm betting on.
im betting their quality products at the right market prices will do very well and they could easily have a 20-25 mil run rate with a full spectrum of products. (Vapes/hash/rosin/flower ect)
cash flow positive - and just like you said - the stock will react very favorably.
I don't know what q4 earnings will be - but the share price action may be more about shorts licking their chops into the share release.
I still am pretty optimistic on q4 based on a lot of factors - so we'll see.
We have to wait for this deal to close sept 1 - then we'll see an announcement hopefully.
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