OTCPK:SPLID - Post by User
Comment by
Diogenes1on Oct 12, 2018 12:11pm
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Post# 28788947
RE:RE:Lots of recent good news, sector running...no volume
RE:RE:Lots of recent good news, sector running...no volumeOr it shows EAT has spent all their money and will need to do yet another share offering, while increasing their net loss. 20s are a lot more likely than 40s, especially with the 6.5 cent warrants expiring next week.
mrmonopoly wrote: I think it's because we're an earnings release behind most cannabis companies so investors are waiting to see the latest numbers. Last numbers are from quarter ending in April... that was a long time ago.
I think we should see at least $3.5M on the quarter, which would represent a 75% increase Q/Q. I really think this is a minimum expectation, and should be enough to get the SP in the 0.40s.