RE:What a shipwreck The roadshow, and the statement about100MIL run rate at the end of this year, was bordeline criminal indeed. Also I think Costine should have issued a Q2 with more clarity. Its not normal not to know wether 5 of our facilities are in licensing process or treating client. Also in Q1 Costine mentionned a 25% Edidta would start being achieved during Q3, and now he says positive operating cash flow. Both would be great but you cant blame the market to have some doubt
BUT
The company has 30MIL revenu run rate according to Q2, 12 MIL in cash, 7 MIL in real estate, and around 2MIL of other stuff (receivable minus payable and loan). SO we are liquid value of 21 MIL without even calculating our business value. If we turn positive cash flow or profit, this stock should explode. We also have a lot of cash in hand. Management could even pursue growth but decided against it, maybe for the best i dont know
When I initiated a massive position in CXV at .22c I promised to myself to hold and add on the way down if any (I was well served...) until at least Q3. I have seen so many microcap with horrible financials, I find it surprising market sentiment for CXV is detoriating like this given its decent short term prospect.
Any news of settlement with insurance, altough not necessary, would make SP jump big time
My OPINION only
Dugan21 wrote: Nice "SUPERBOWL" Dalsin... too bad you couldn't live up to the hype you created with this pump & dump. I'm glad I jumped overboard at .28 but I still feel bad for everyone that got sucked into this stock.
Just goes to show what the analysts motives really are on BNN.
Not to say this doesn't have any hope and can't still be a sucess but once you take the rose coloured glasses off this sure does hurt the eyes...
Hope you enjoy your yacht Dalsin you sure do deserve it. I'm sure filling all those bags of money strait from the pockets of your shareholders was tough work.