48North Cannabis Corp. V.NRTH

RE:RE:RE:On OCT 1st, 48Nor should be able to provide better financial

[uptown59]

Ipanema, it sure sounds like you know your stuff. It also sounds like your firing warning shots across 48s Bow. You have stated that your not for adjusted EBITDA so my question to you is. Why wouldn’t you adjust EBITDA to capture one time cap ex coats that are depreciable. Also fixed assets and other non recurring costs. 

If your an an investor here, wouldn’t you rather see a slow and steady share price increase based on real accomplishments rather then shoot yourself in the foot financial reporting. To speak from cliche, why let the facts stand in the way of the truth. If your looking for 100% morally sound finance management, perhaps we should look to our governments or banking institutions, or not.

I am most certain that the finance investment community wants good honest news, i’m Also sure they know the difference between non adjusted and adjusted EBITDA and can form their own conclusions. 

Financial reporting is a curious thing but certainly looked at by experts on both sides of the trade. If the Shorts think they can continue with thier campaign by twisting the financials, I would advise not. The catalysts that North is about to fire are going to burn the shorts. EOD, bioassets here is money in the bank and the weights and measures have already begun. BOOM

GLTA