Sugarbud Craft Growers Corp. V.SUGR

RE:RE:RE:RE:Just A Thought

[goldboyz2]

yeah i totally understand but thats what happens when you have business men with huge money entering a market that have no idea how it works or the culture behind it. They chased the hype and now have shot themselves in both feet because it will be a ever game of chasing even imo. Their brand means nothing an interntionally they tried to enter the German market and got kicked out and told to get their shyt together in short form. 
Sugr came in late you could say but imo has literally paved the way for SUGR to make huge strides becasue the hype is over and its all about quality and consistency and revenue/profit. SUGR has finally got the cuffs off and its full steam ahead now......time will tell but im excited to see what the next few months brings and the further detail of plans to come.

GB 

miscstuff wrote:

goldboyz2 wrote: ACB had around 1 BILLION shares didnt they ? not surprised there considering they enertered into the market and have had to cut hudreds of millions of dollars of funding due to serious lack of revenue. IMO SUGR is nowhere near or close to ACB level. ACB is digging themselves out of a huge hole, chasing to break even or make a profit. SUGR is funded for phase 1a and 1b if im not mistaken and when revenues start to pile in because the market wants quality product and sugr is everything of that. Then i wouldnt be surprised to see Farm Credit Canada come strolling in to finalize the $17.65 million non dulutive loan. Allowing SUGR to greatly expand and ramp up production yet again for phase 2 completion. IMO a reverse split is nowhere near close to happening with only 500 million shares o/s......seems like a lot but if SUGR can rack in the revenue and profit and show our product is in demand and finalize the $17.65 million with FCC then were rocking and rolling big time and 500 million shares is a drop in the pond when considering phase 2 potential from expanding canopy space. SUGR IMO is one of very few companies walking the walk when it comes to quality and SLOWLY but very precise on their business rollout. I expect many NRs from now until christmas ! 

GB 

miscstuff wrote: Guys, I'm not bashing. It could possibly happen here, but I don't know how common it is on the venture exchange. ACB.TO just went through it on the big board, and the results were as expected. A 12-1 reverse, brought the price above $5, that a lot of investors insist on, the price moved up nicely and then settled back as usual to the same relative value. The danger is that it brings the shorters out of the woodwork to start again.

And I have a question. Does anyone know what happens to warrants during a spit. I suppose they get split too, but what happens to the exercise price?

 

Absolutely right goldboyz2, ACB and SUGR  not the same animal by any stretch of the imagination. I was just using ACB as an example to what happens with a split to those unfamilar to the situation.