RE:RE:RE:RE:RE:The chances of Biden legalizing MJ at the Federal Level It would be wise for managment to get the message across to investors that they are looking for shares for the shelf. To be used when opportunity arises to make an accretive acquisition. Right now the market isnt understanding there isnt a dilution unless the shares get used.
wideopenthrottl wrote: or even more accurately there is no dilution..there are shares sitting at the ready to make an acquisition...that is not dilution. selling those shares for cash to fund operations constitutes dilution. Selling them to a whale/partner would dilute unless that cash was used to grow the business but even that could be accretive to earnings so a trade off...GLTA
newfrontierMJ wrote: Why the dilution? Simon made no secret of his intentions to aquire a viable business should one present itself. He also did say he would like to have a major partner. If that doesn't happen then he has to go with growth plan B. Could an MSO(s) be in his cross hairs?