GoBlue2016 wrote: Buck is here because a few of us have shown what a hypocritical poser he is on CGC board.
From flip flopping on greenhouses (“failed business model” “third tier” “inferior”) to liking them as soon as CGC expanded.
He then doubled down on his nonsense and said when supply equals demand CGC would walk away from the low cost greenhouse operations to pursue a high cost high quality indoor strategy. He tried to sell it to the CGC board. A first year biz school student would have taken a solid “F” if they submitted that argument.
He has been banging the de list drum while ignoring other things Vic has said in the same interview ( the interviews that he keeps wanting answers to. Geez Buck, you are pretty selective) that explained the last course option of a spinco. He fully ignored the TMX repeatedly approved Aphria acquisitions at multiple points. But yet he bills himself at knowing listing agreements and regulatory rules.
He is now touting CGC getting a BANK debt deal. For a company with MINUS $17 million EBITDA last Year and widening EBITDA losses.
I answered his Q a few days ago the first time he asked. I guess he didn’t like the answer because he continues to ask it. Frankly, I cannot see the big deal in what Vic said. But Buck is going Zapruder on it. He wants someone to interpret what Vic said.
Hey Buck, why don’t you give us your interpretation? You have been a source of financial market humour lately. Would love to have your take on why he did it. You are certainly inferring something REALLY bad. What is it?? I cannot wait for you to stick your foot in your mouth again. You’ll have to pull out the other three feet you have in there to make room.
The rest of his Q’s are further nit picking. Some things he can get sooo worked up about but everybody else shrugs at. He has asked these a bunch of other times too. Again shrug.
But when CGC tries to convince Joe Retail that they are profitable in Q2 and Q3 last year by pulling forward profit to harvest, only to reverse it at year end audit and then add another $10 million to the reverset. Not a peep. That sh!t was deceptive. (BTW Buck last Q over 1,000 kgs was missing from inventory. Double their previous worse Q for unaccountable inventory. 20% of their record harvest. You are so connected you should ask them about insects and fungus at their operations. Ask them about waste.)
When Linton went on record in the FP about how stock price would be punished if they had to reverse GoB. Where were you railing against Linton for saying they were being careful with GoB?
When Linton said they would be EBITDA positive in 2016 in early 2017 and it slipped. Not a peep. (Buck, get ready for more slippage in EBITDA with all of these announcements).
When CGC drains all the profit from $63 million in inventory on hand. Not a peep. Don’t you find it very misleading that they are taking 90% plus of profit at harvest? It is not saleable at harvest. It could have mould. It could have fungal infection. Why would they do that other than to try and puff up FAKE profit (Q2 and Q3 F2017) or tone down their losses (every other Q)?
When Linton was asked about patient consumption and said an amount double what their Q showed. Not a peep. Where is your Zapruder review of the CGC CC?
When Linton in 4Q touted a bank deal was imminent but went to a single investor $25 million raise. Not a peep. Where was your outrage?
Buck is a proven hack. Who’ll construct arguments based on meaningless points that he then stirs into a maelstrom of hot air.
If it doesn’t fit his narrative don’t worry he’ll make something up and try to pass it off to some unknowledgeable reader or lurker.
He is the most dangerous type of poster. He is articulate and has no ability to be honest when he is wrong. Worse he’ll make up something to support his newest position.
At least PRZ aka Elmer is so illiterate, Dutchstock so blatantly dumb, and Squish playing court jester nobody pays any attention to them.
Buck seems to be using the Donald Trump Play Book: Distract from your repeatedly public failings by ignoring anything that doesn’t fit your narrative and deflect to non issues that you hype into issues.
I certainly hope no investor gives his drivel the time of day.
#exposed
GoBlue
Buckshot26 wrote: Thx Prof, I know you are an investing newbie and want these questions answered so I appreciate you asking me to come over to help you guys out.
Neither B or M, collectively the aphria bowel movement wanted to take a stab at any of the following questions.
1. For the hundreth time, why is Aphria going out of there way to tell everyone through interviews to their latest disclosures that none of the money raised has or will go to the States? I would really like this answered please as they have said from day one that what they are doing stateside is legal and above board. So why now are they making a big deal of this?
2. Why did they not issue a NR when they gave stock options to insiders on July 13th. Why were these stock options priced at $5.24 (the price of July 11th), when this was their quiet period due to earnings coming out on July 12th. LHS issued options today and put out a NR, why has there never been any announcement from the company on these seemingly backdated options?
3. Why have Aphria Insiders sold more stock than any of the other LP's???
4. Why does Aphria, a TSX listed company refuse to hold conference calls where the principals might be held accountable for their actions? What are they afraid of exactly.
5. What is Andy Defrancesco's involvement in the company?
Thanks again for the opportunity prof, I'll keep asking until we get us some answers.