GREY:DLTNF - Post by User
Comment by
meowmeowmeowon May 01, 2018 4:12pm
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Post# 27966512
RE:RE:CEO's Response to burning investors
RE:RE:CEO's Response to burning investorsCongrats on buying in at 0.50 when it was PRIVATE.
The company was founded in 2013, and in 2017 it was worth $10M. I had to do a double take when I read that in his reply. What kind of digusgusting growth is that in this sector. The kid has no idea how to run a company, which is perfectly fine is they are privately run family business. Since they are public they have investors to answer to now, and has been screwing them left, right and centre. As promising as this company seemed, there is 0 investor confidence, and i dont blame them. Who would touch this dumpter fire the way it is? Ask yourself if you were to reinvest today- is this the best investment you can make in this sector?
"Firstly, I would point out that over the past 12 months, Delta 9 shareholders have enjoyed an increase in share price from $0.25 - to $1.46 today, a 12 month return which eclipses every single publically traded cannabis company. Over that time the market capitalization of the company has increased from $10 Million to over $110 Million, also a growth metric which puts us at the top of the sector."
This kid actually thought this was a good justification for his poor performance lol..
10m market cap in 4 y-e-a-r-s, let that sink in a for a second.