GREY:ISOLF - Post by User
Post by
Cannabitzon May 07, 2018 10:17pm
250 Views
Post# 27995019
Hold on tight because this baby turning around any day now!
Hold on tight because this baby turning around any day now!Ok so we finally did it, we hit the 73 cent private placement price today. What did management expect to happen??? The good news is that the bleeding is probably over, if not it should be real soon. Too much money invested in this company now above our current share price.
The stockmarket is a game, when investors see that someone else paid a cheaper price the market starts to rethink where the share price should be. If Isodiol would've raised all this money 6 months ago when the share price was low we would probably be worth double right now.
Isodiol needed money to fund what I think are 2 amazing additions to the company; BSPG UK and the new China facility. When November comes rolling along and high revenue financials are being released think about the pumping thats going to happen knowing we have the largest facility in the world to produce CBD's ready in Q1 2019.
We got short attacked and grumpy bear posted false information about the company all while Isodiol was issuing a low priced private placement. Its pretty easy to see why the share price went down but fundamentally the company is on the right track. The CBD industry is rapidly growing and every day more people are hearing about and using CBD. I don't think it will be long before we see a big movie star or top ranked sports athlete using it. I think something will happen to blow the top off the industry.
I did a mini interview of the place where I buy my own CBD's just to see what they would say. The response from the employees and management was that the products were flying off the shelves, i guess word is getting around. I suggest you do the same and call a store and see for yourself and post what they say. I did the same thing with Medigreen and they told me they sell around 5 million a year in Isodiol products here in Canada.
In hindsight I wish I sold before so I could have bought back more shares now for cheap but ahh well we move forward and stay positive because even though the share price is low the company is making good moves and i'm not selling a single share. I'm long on Isodiol until they give me a reason not to be. I see this drop in share price as a bump in the road and will be corrected as soon as the year end audited financials are out in about a month or so.
Like I said before, its all a game and right now the competition is trying to get your shares for cheap. Be ahead of the curve and while people are scared because the stock is dropping be the one that buys before the price explodes.