RE:why you people went nuts and sold is beyond me?Plus insurance-covered customers is as a good as 100% guaranteed cashflow that gets bigger and bigger. Ask your chiropractor or dentist!!!
0to60in3secflat wrote: what weedmd accomplished:
-improved cash positon
-aquired company with no debt and tonnes of distribution potential
-aquitred new facilty that will be converted to deistribution hub
-aquired institutional investors
-diluted a stock, sure, BUT at 213 million new float, with most of the increase coming from new holders that WILL NOT sell and new enterprise value of 220 million, whi cares? they paid almost NO premium for this transaction
-The Q3 financials show one important hting WeedMD cannot stand on its own, they burned 13 million in cash, this is what they NEEDED to SURVIVE, this market is not for the faint of heart
SO to recap, 25 million in cash, new distribution channal, tonnes of experience coming to mangemnt team, all a th cost of locked up paper.... and you all panicked? why?
anywyas, ill buy your cheap shares im hoping this hting goes lower, im buying more.... :)