OTCPK:CRUUF - Post by User
Post by
Raffi14on Nov 08, 2016 9:35am
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Post# 25435943
On the right track...
On the right track...I recently bought into this story. Based on my due diligence, I have found Mr. Patel to be an astute businessman and deal maker. The key things (so far) that stand out for me are: 1) Quality of management; 2) The quote " The company looks to source, develop, distribute and sell products through retail outlets where permitted in US States and Canada". That tells me they are in this to be a full cycle producer and seller of Cannabis (and related products). If you are going to do this, then do it right. Very few other companies are set up like this. I believe this kind of vertical integration should provide some healthy profits for both the company and its shareholders; 3) The management is not just looking make one acquisition but will be making multiple acquisitions. Again, a smart and strategic methodology; and 4) Perhaps the most important point I noted "are continuing our due diligence to choose the ones best suited for Cameo". That tells me that management wants to make the "right" moves and is taking their time to provide maximum value for everyone. That's music to my ears. It will be interesting to see what they acquire and what transpires moving forward. Good luck to all!