OTCPK:SPLID - Post by User
Comment by
blueboyon Dec 14, 2016 10:51am
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Post# 25598021
RE:RE:That might be it for EAT's run today...
RE:RE:That might be it for EAT's run today...
Not at all - I have all the EAT shares I care to own right now. The fact is that everyone here has seen this pattern before. News is expected for a long time and the share price drifts downwards while we wait. Then news comes out and there is a little pop, but the share price quickly drops back down afterwards when there is a wall on the ask.
Sure, production is a good step but MANY companies out there have a warehouse full of product but there needs to be distribution and SALES to generate revenue. THAT is what the market really cares about.
How about an announcement now of a partnership for distribution (TNY?) or a JV to market and distribute EAT's products? All production does is fill a warehouse. Where is the distribution plan, deal with retailers, etc.? That is all I am saying...
BB