RE:RE:RE:RE:RE:On fireI actually felt good about the call. Selling the assets they have made them barely survive. Dreamwater is profitable, but as you noticed they are waiting for FDA approval for CBD Dreamwater in the U.S. Delivra is good and doesn't requirement much else for development or inventory prep. The theme was balancing what's going on now and considering the $0 spent on marketing this is all organics sales.
Tapps21 wrote: Reading this is there much to be optimistic about!? Or am I wrong? Is there something I don't see? We don't have a choice and have to take the company's word for it I guess. No apology to the shareholders left with crumbs in their acct's!!
Sounds as though they are on the brink of bankruptcy scrambling to make ends meet?
Yes he is brutaly honest but a lot of us here,the longs, with high expectations have lost a lot of $$$. I'm pi$$ed a former CEO from one of the largest grocery chains in control of well over 40 million dollars could not forsee disaster and avert by steering the company in the right direction. And why is there no repercussion? How can you just walk away and leave the company in a disastorous state worse then when you took over. Just doesn't seem right!
Why does it take so long to get new and innovative new products on to the shelves?
Why are our products(CBD) not in every store etc...
Is he projecting a turn around in SP?
I know we are not out of the woods but is there light at the end of the tunnel? I don't feel optimistic as a lot of us have been crushed.
Is there, besides the "strategic review", a plan to move forward to become a cash flow positive successful medium sized pot company??
I sure would like to know what happens on a daily basis.
GL folks!
Taps