RE:Need the warrants repricedHi folks, my apologies for my erratic posting over the last while. Was my inconsiderate way of letting out some steam.
In any case, I wasn't able to tune into the conference call this morning - and so will have to wait till next week when the call recording is available.
Based on what I gathered from the recent quarterly release, the top line growth is incredible, and I am quite surprised by Love Child making a full recovery already in less than a quarter. I was actually concerned that it wouldn't make a full recovery, and the divestments into cannabinoids was a bit of a distraction from risks to that product line. I am wrong in this regard.
Despite the short-term paper loss, I have been double/averaging down in this bearish market (pretty typical of an August). My gut tells me that Q2 will see a bit of an injection in cash from the insurance/supplier settlements and that hopefully, costs associated with the Go Veggie ramp-up will come down from this quarter's levels. I don't expect Go Veggie sales to really hit the statements till Q3/Q4. Barring any other negative/surprise forces, Q3 will hopefully see us in the black on the EBITA, and hopefully, the stock performance can feed off the next market bull run.
GLTA.