GREY:VDQSF - Post by User
Comment by
smartmoney69on Jun 13, 2018 5:41pm
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Post# 28168507
RE:RE:RE:RE:RE:RE:RE:News Release
RE:RE:RE:RE:RE:RE:RE:News ReleaseI cap appreciate the “subjective” aspect of “approximate” for instance if you are an over 7 figure day trader you are using a platform different than plebs as they are beta testing for something coming out (not announced officially) until summer of 2019 which will include real time.
thats an approximation.
But the consistent suspiciously nag holding culture on this forumn does a disservice to the naive retail person. Its unjust and the information that soy or whoever is trying to distort the facts regarding the poor leadership this company is strugling with is compounded by the notion they have any ownership over the commodity they sell.
If they do it is a violation of securities law and federal law.
So we know that despite being inept the leadership is following the law.
That explains the margins on the amount of pot that is being sold is so small because they have to pick up thin royalty fees and a little “rent”
but as these rate hikes become more and more frequent the only avenue this company is going to have is a miracle angel investor (never going to happen because the risk in contrast to return on investment doesn’t equate in regards to peers in the same standing) OR the inevitable reverse split with a private placement; to do what exactly? Fund the pay for IVAN??
absurd.
Vodis needs new management and the current officers have to take note that just because you don’t have majority stake holdership the retail crowd is willing to vote for a new leadership.
Now Lotz seems to be a competent CFA CFO but the affiliation with majong gaming world is a conflict. It would be best to have leadership willing to put the focus on licenses because by next year the debt will cost more. That %1 higher interest rate on unsecured credit facilities easily not on the books mean you wont have as many attorney’s working on retainer which means the ability for the naive leadership to make an impact on this license to be considered legitamate will further erode whatever is left of bag holders money.
which makes the fundamental conclusion. The consolidation phase is not like the first come first serve phase I was privileged to be a part of.
$ACB for instance securing major deals at cheap cost for debt because they have transparent financials a clear plan to cut the competition out. They know that at the end of the day the company that wins is the one that continues to supply and regrettably without a license or a research and development part of the business VP is not just going to stagnate it is going to have default on more expensive debt or be taken private ruining Ivans family who were the first people who got involved.
WE WANT A NEW CEO so make it happen. Get on the phone to Soy and let him know he can’t let his boss continue to run this like they have and the only way to ensure this is to resign and enable a leadership process to let dominant minority stake holders onto the board to make sure in the interest of bag holders no more funny business.