OTCPK:CNZCF - Post by User
Comment by
CoreyBon Oct 03, 2017 3:55pm
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Post# 26772232
RE:Thoughts
RE:ThoughtsPretty good post there, ARIMA11. You are bang on that this SP depression is self-inflicted due to no meaty releases for the past year and that the high back in November/December was due to hopes of riding a marijuana legalization coattail. Many deals announced and we wait for some numbers to result from those signings, the lack of any announcement in those regards is what is hurting us. I am hoping we get a financial release shortly as I do not see any further "fluff" releases helping one iota, likely would only send the price further south.
Good point about the May/August releases, though I am not sure if that could have been the deal that was annouced as it was a LoI to purchase a distributor, not sell a competitor's product. If it is then someone screwed the pooch on that one.