OTCQX:PHVAF - Post by User
Post by
TheMonolithon Aug 30, 2018 3:02pm
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Post# 28544586
VIDA/PHVAF - What's going on here?!?
VIDA/PHVAF - What's going on here?!?I feel like this is a monster in the making. Management has solid pedigree. They look the part in the videos and the videos have good production value. The deal with NSS is an amazing opportunity with proven distribution partner of Kashi in Whole Foods and Sprouts. CBD drinks are going to be huge, and Phivida looks to be very well positioned, if not the best position, to capitalize on this market. The market cap is very reasonable. I don't expect sales in the past or Q3, but hope Q4 can start the huge sequential growth.
I see talks that this is a pump and dump. What is the evidence? I see people talking about raising money, but they have over $17M in cash.
Why is this board a cesspool? Has one or more individuals hit the beehive of another group?
The chart looks pretty well poised here. If it breaks .84-.85, it could run well over $1 quickly. I am looking for $2+ by year end, and $5+ by summer 2019. It could still test low .70's and that wouldn't look terrible.
Looking forward to post Labor Day announcement of the beverage line!