GREY:CHALF - Post by User
Comment by
SenorLegumeon Dec 04, 2017 9:57am
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Post# 27083975
RE:RE:RE:SHORTERS SPEWING LIES !! B E W A R E
RE:RE:RE:SHORTERS SPEWING LIES !! B E W A R ENormal for stocks to go up on licensing news and then slide back to reality. Reality is MMGC is small to begin with and a long ways off from providing what GLH really needs. Cash flow. In fact, quite the opposite, MMGC will be syphoning off cash flow for the next few years as they try to establish some profit. At perhaps mid 4 dollar range per gram out of 6k square foot building, it will be some time before the 15 million spent to buy the asset begins to pay for itself.
Bad news for a company that is bleeding 5 million US dollars last quarter.