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Maple Leaf Green World Inc. N.MGW

"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."


NEO:MGW - Post by User

Bullboard Posts
Post by Assouf2008on Oct 25, 2011 4:23pm
353 Views
Post# 19180449

Frustrating as hell

Frustrating as hellIt's been 2-1/2 months since the last news release, and there is nothing substantial in the company to warrant a news release? The CEO and associates have made visits to China but there is no talk of any new contracts or revenue to be earned. Instead, it seems to be just a visit to Chinese investors with hat in hand asking for money to keep the MPE story alive. This is hardly anything for us to get excited about. We already have significant dilution and nothing to show for it.

The stock price has been sliding off the deep end and I can't believe management has done nothing to stop this. I am at a loss on how MPE is just not moving forward. The greenhouses have been in operation for 6+ years now and they still have no sustainable revenue. 

My biggest concern is that even with the biodiesel project, we're still a long ways out before it contributes to the bottom line of the company. It's also still up in the air whether they are going to have the funds to build it.

Bullboard Posts