RE:RE:RE:RE:RE:RE:Time to take a Stockhouse breatherI agree with rocket. Bruce Linton was already talking about getting a bottling line set up. I'm sure constellation is a huge help on this. Would really be nice to have Diageo on board sooner rather then later.
rocketjsquirrel wrote: About 'reading between the lines':
There is some reason to question Vic's judgment. If anyone doesn't see that the guy is fairly arrogant and narcissistic (e.g., '.......the products I'm bringing out' '.....my infused beverages', etc., etc.). This can be a positive if it is reflected in smart moves and hard work as it shows he is keenly invested in the company (....his company). On the other hand, the leadership teams at international suitors see this and can exploit it, or they can get leery, especially if an arrogant person overplays their hand, gets greedy.
One mistake he is making with the 3-6 month statement is probably that many very small drink companies, Molson-Hexo, Constellation-Canopy are all moving ahead very quickly with product development, logistics etc. I suspect 3-6 months is now too slow, and the market is punishing ATHA and others who don't have a deal. Furthermore, I don't see any major events except a deal on the horizon to move this stock price upward by much.
The upshot is that I fear the man has overplayed his hand and he needs to get sound advice (if needed) to backtrack quickly.