OTCPK:SPLID - Post by User
Comment by
mrmonopolyon Oct 12, 2018 12:45pm
80 Views
Post# 28789265
RE:RE:RE:Lots of recent good news, sector running...no volume
RE:RE:RE:Lots of recent good news, sector running...no volumeCalyx appears to be on pace to triple their revenues in one year (from April 2018 to April 2019 projection). This revenue growth alone is impressive and won't be slowing down anytime soon.
Can you provide a link or evidence about the 6.5 cent warrants expiring next week? How many are there? How many have already been exercised? Thanks.
Diogenes1 wrote: Or 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.