RE:RE:RE:RE:Hahahaha....job well done. Reward yourself
TripleR44 wrote: \Now we know why they were sitting on news to set the cheap option price for the CEO. Ironically this could be quite bullish. Why give yourself options at a high price. Brad must know the bottom is in. Perfect
I couldn't agree more. As far as I'm concerned, this is a very bullish sign.
Based on my conversations with IR and the reports, photos, and video from two members of the facebook group who toured the facility recently, LDS has aquired their adult rec permit, filed their new patent for cannastrips, recieved their state required new child proof packaging, are producing cannastrips, are producing revuer, have recieved a new machine that drastically increases their distillate production capacity, have two more new machines ordered, have completed their gas line instilation and now have their natural gas power generator, recieved their COO for their nursery, and have broken ground on construction for their facility expansion that will allow them to produce up to 3000 litres of distilate per month once enough biomass is available.
When I asked Phil several weeks ago why LDS wasn't announcing news regarding this progess, he told me that he didn't know why, but that he was going to find out when he went down to the facility to meet with Brad.
After speaking with Brad, the explanation Phil relayed to me was that LDS didn't want to get investors hopes up by making these announcements only to let them down as a result of not having enough biomass and not having a transport license to ship products.
While it sucks waiting for news, this does make some sense. Summer is a slow time for trading, the whole market was sliding, and on top of it all, you don't have enough biomass and you can't ship whatever you are able to produce. Why put out news that makes people think LDS is finally ready to roll when you know they're just going to be let down in the end by the lack of revenue?
This is why I think that Brad issueing those options is a very bullish sign. If his whole philosophy on news releases now is to not put news out until the company is ready to start meeting expecations, then there's a good argument to be made that Brad would hold off on issueing himself options until the company is ready to release some significant news. He knows that the share price is going to continue to slide without any news, so it makes sense that he would wait until he knows that something like the transportation license is all by a done deal to issue his options.
I get that he has several years to use them, but if there was no news on the horizon I believe he would have waited, knowing that the share price would drift lower and lower, and then issued himself those options at a lower price.
Obviously, this is speculation, but I do believe that it makes sense. Personally, I think LDS has all but locked up their transportation license and may have even signed some conctracts with clean biomass growers.
I know I'm being repetative, but I don't believe Brad would have issued himself those options when he did if he didn't believe the bottom was in and he wasn't going to get those shares at a better price.
Hopefully there's something to this theory and we all get some some very good news soon!