RE:RE:RE:heading to ZEROReally you spoke with management and they said......we are not going to zero. I would say that's part of managements problem always making predictions on his stock and what it's going to do.
If you spoke with management as you say, you should have picked up that they don't have a clue as to what to do next....their CEO has never launched a business that is as complex from a gov regulatory perspective or requires you to scale quickly like the med mar market. So why would we think they even have a clue of what they dont even know!
As for blow and redecan those deals will never get done at a 12 cent stock price....as the stock portion of those dale were tied to a 50 cent price.... So at a minimum if thry close they got a lot more dilutive....and if I was advising redecan. Id tell them to take the full 11m in cash.....and given that they have t been able to come up with even the initial few million required to close the deal in the first place..... I'd say good luck to coming up with 11m
The financing promised from Jacobs has already been fixed den from 40 to 30 cents and if it has any hope of closing from here it's lucky if it will be at better than 15 cents so good luck raising enough to close these deals. You will have to literally double the float and the what you have an LP with a new facility that has no license and isn't likely to see one for a year or more at best and a license on a greenhouse facility out in the country made of twigs and plastic that you can't even expand much due to its proximity to other houses.
Good luck!