GREY:ATTBF - Post by User
Post by
CanadianJrson Sep 22, 2016 8:45pm
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Post# 25268544
Interesting
InterestingI have been digging at this company for 24 hours now and finally just looked at the 5 year chart and figured out why so many here believe this is a $2 stock. It jumped on Colorado legalization news and crashed rapidly after. It didn't gain it's worth for actually having a product of value. Now that being said chances are it will do it again if California's legalization vote goes well at the end of the month or maybe when Canada introduces legislation next year. As of right now they have poor financials, poor transparency, lack of information of production and facilities, and in a very niche market. It's not a product being promoted by Canadian physicians to their patients. Also this company has an inflated share structure that's going to get worse as they need to raise finances. Five years in business and their website still doesn't have an investor deck.....what are their future ambitions and milestones for investors to look forward to?.
GLTA invested in this one but I respectfully will pass and wish you all well!