RE:Here Comes the Rally!!! Current quarter sales is going to start sustainable heating joh, but only for those that meet or exceed reasonable expectations with some maybe not so much....as you point out FIRE is cashed up with very managable debt based on estimated revenues for 2019.
FIRE does not need any aquisitions in the near term unless there is clear gains to be realized in the near term...get the KKE growing and on the shelf, break ground on the ultra facility ASAP right after they get FIREherb to the remaining 'have not' areas of the country!!
FIRE has everything needed to be a very profitable going concern for some time to come based on all the irons in the fire to date and they only need to look at prime aquisitions going forward...Fowler is, and has been, laser focused on the production and marketing of premium quality herb and will ensure that the high level quality is maintained at all times, which is the backbone of this company and the recipe for success that the rest in the sector can only dream they had...stay the course and everybody wins and wins big, JMHO....Opt
johnale wrote: Its taken some time but the sector is heating up.
I have been buying daily.... just can't help myself at these prices.
With rumours of M and A - the whole weed sector is heating up. I said this previouly, but next week will be great.
Solid fundamentals rule in the long run... and FIRE is making money in spades.
lots of cash on hand. should be fantastic expansion and growth through 2019.
My bet is that we partner with a major as well... management is really tight lipped.
we shall see.