OTCPK:SPLID - Post by User
Comment by
geodcanon Sep 27, 2018 2:21pm
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Post# 28702828
RE:RE:Nevada news buried on the CSE website
RE:RE:Nevada news buried on the CSE websiteHatching or cracking? For investors that haven't been around here as long as I have, this is EAT's second run at Nevada. I was very excited the first time they tried because it was timely and made sense. Then they dropped the ball. Where they applied for licensing got queered by the powers who be and the partner they chose couldn't raise the funds. Instead of moving to a different jurisdiction they let the whole thing fall apart and then they shook on another deal with Lineage in another State and we don't know if it is still on or what.
EAT is a conglomeration of bits and pieces, all over the map and nothing banging on all cylinders anywhere. There has been a lot of effort and MONEY wasted (jmho) on deals that we have walked away from.
Are all of our pieces good enough for a takeout by better management or will California pull us out of the wringer. We have/had oil extraction equipment sitting in storage in Cali collecting rust but ran out and bought a facility, presumably because it was quicker or better than trying to do it ourselves.
EAT has a very high quality oil that if supplied to partners to manufacture products other than vapes (everybody is swimming in vapes) like V.NU's energy booster lozenge/tabs or even somebody's beverage line, or if we get a tray of chocolates out like we have posted everywhere but can't buy.
EAT was one of the first out of the gate with the idea of edibles for which we put a ton of effort into with Cordon Bleu chefs and others and it wasn't until Jim Frazier showed up that we got some chocolate bars.
EAT has taken the tag-along approach in a lot of its dealings and I am ok with that to get some products to sell.
If EAT can show some black ink on the p and l statement, they still have to stay there. I am still in this stock because of California and Jim Frazier. If we get California right, then we can try to expand. glta and dyodd