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Radient Technologies Inc V.RTI.H

Alternate Symbol(s):  RDDTF

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.


TSXV:RTI.H - Post by User

Bullboard Posts
Post by BuddyGuyManon Nov 29, 2017 9:32pm
205 Views
Post# 27059880

No panic here

No panic hereA lot of people on this board are either completely oblivious or are simply pretending to be ignorant in order to sound melodramatic.  This is a brand new sector and the market is investing in the future of this company, not the past, and not even the immediate present.  We all knew what this quarter's financials would be.  In fact, the only surprise was that the company is flush with cash and carries barely any debt.  Like others have stated this was a sector consolidation after an amazing run.  And as I've said before it's totally normal to have some pullbacks here and there.  The stock needs to consolidate, stabilize and build up strength again before moving up higher.

We have a license on the way and we're about to start producing oils for one of the biggest and best LP's.  Plus we're working on tobacco & food/beverage deals.  So what's the concern? Market cap?  There are tons of companies is worse financial shape with higher market caps.  So settle down.  The longs will be rewarded handsomely.  Good luck all.
Bullboard Posts