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Bullboard - Stock Discussion Forum Red Light Holland Corp. TRUFF


Primary Symbol: C.TRIP Alternate Symbol(s):  C.TRIP.WT

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. The Company has geographical areas in the Netherlands, Canada and the United States. The Company’s subsidiaries... see more

CSE:TRIP - Post Discussion

Red Light Holland Corp. > One of my biggest
View:
Post by Smeeeee on Nov 15, 2021 1:20pm

One of my biggest

REGRETS... clearly I bought in on the downswing of a very large Pump. My shares are worth less than half what they were. Before this goes anywhere it will require truckloads of money and could have 100's of millions more shares on the book.
Yes there is money in the 'kitty' but so much more testing to do. Very little revenue and absolutely no news from the Mgmt.
This might be a great buy in price but, once bitten, twice shy. I also don't want to hold any more shares for the 10years it may take to gain any traction.
Yup... I am officially a bagholder!! No longer angry, just worn down.
The real bagholders though are the folks that did the last financing.... 44¢ now worth 19¢...ouch!!
This is JMH Venting Opinion!!!
Comment by SamRothstein on Nov 15, 2021 4:02pm
No news from management? they just released news this morning.  You say that before this goes anywhere it will require truckloads of money and could have 100's of millions more shares on the book?  What are you basing that on? They already have 28 milllion in bank and revenue coming in plus low burn rate.   Then you say you don't want to hold shares for the 10 years it ...more  
Comment by Smeeeee on Nov 15, 2021 9:50pm
The news they released this morning like most of the news of late is not the kind of news that is going to send this companies valuie up. So yes...no news this morning. You say this stock is not for me...well Sherlock, I pretty much said that didn't I.  You think $28MM is enough? Just for Shits&Gigs... lets assume they need another $11MM... Share price at .19 cents means around 60MM ...more  
Comment by SamRothstein on Nov 16, 2021 12:17pm
I meant stock isn't for you if you think it will be 10 years (or 8 years in your last post) before stock gains traction.  In other words, if you think it will take that long I would take the loss and move on. I think it will go up much sooner than that imo. And I don't think they will be doing any more raises for years to come there is no need to.  anyways, sorry to hear about ...more  
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