Big money penny investors I honestly cant believe anyone for two seconds when they say they own millions of shares in a penny stock and still believe people are being paid on stockhouse to troll and bash. Are you guys honestly that naieve? Thats what every rookie thought, but news flash. The company doesnt need these magical paid bashers, its already in the toilet waiting for a flush.
Like really... You guys claim to be big money investors in a dime a dozen penny stock, yet dont question the stupidest of moves?
Literally 75% of the companies out there with big capacity are laying staff off and trimming the fat in hopes to come close to profitability. Yet AGRA isnt concerned in the slightest, is miles away from profit, and somehow adding consultants? You know what consultants mean right? That management in a pretty straight forward sector cant seem to understand their roles, and need to hire someone to show them what to do. To have to hire a fired CEO to help 'market' the securities means Boddy hasnt a fkng clue what he's doing. Dont be suprised to see him "step down" as CEO in a month or two when theres no license, stay on as board president, and announce this new guy as CEO... Then claim the company shook up senior management when really they just played a fancy shell game... Then read into the lines even further and realize that this guy was brought on for 'aquisitions and dispositions'... You know what that means right?? They're going to sell AAA for pennies on the dollar to 'strengthen their balance sheet' and make it sound all pretty. When in reality they overpaid for something, didnt do fk all with it, and burned you for investment capital. I honestly wouldnt be suprised if they shed all assets other than the edibles and delta... So this grandeur company with a million plans and zero execution will now become a domestic supplier with hopes of being a B2B wholesaler in a market where wholesale will be coming down to $1 a gram. (as stated by other LP's CEO's who are currently producing).
Just saying, dont be suprised...
They'll cancel the pending deal for that outdoor facility (which in my opinion was one of the better ideas the company had), then announce a strategic review for the remaining 'non-core' assets.
Meanwhile the market will get flooded with outdoor grown product for extraction (because in the end its only slightly less potent than indoor, and almost as good as greenhouse. and once extracted pretty well equal) and get beat out by companies like Aleafia growing outdoor at 8 cents a gram.
But hey, who cares.