RE:RE:RE:RE:I laughed so hard Only a few of your points are valid concerns, the rest can be explained by ISOL being a company in the infancy stage of the business growth cycle.
-Shady management
Agreed, more transparency on their part would go a long way.
-"Extreme" Dilution
Absurd! First off there are 40M shares out currently. Even if it was 400M like you stated, it would be by any means considered extreme. Some companies in the same space have outstanding share counts in the billions. Financng via equity is necessary for infancy stage companies.
-Acquisitions
They were not useless, we are vertically intergrated with our supply chain now. Over payments of goodwill could be attributed to future valuation of the business they bought therefor triggering a goodwill section in acconting method used. (paid vs market value)
-Buying friends companies
Not entirely sure which deal you are referring to but even if it is the case, there is nothing illegal or surprising about it. You deal and do business within your network and those people eventualy become friends.
-Consulting fees
There is no proof that they pocketed those fees. Until any legal proceedings happen in regards to that, the only assumption anyone can make it that they paid third party consultants.
-Losses
Agreed but they were entirely hidden. Good thing we got rid of the old CFO.
-Paid Pumpers
Simply not true. No one on this board is being paid, very amateur like of anyone who thinks this. Maybe you are reffering to marketing expenses, where they paid companies to write up promotional text on their site about ISOL? Every company does it and it costs peanuts. A company that doesn't pay to promote itself is not a company.
-Lies about their products
Like what? the CBD from hops where they clearly PR'd that with the looming changes in agriculture laws in the US, using hemp instead of hops for CBD will cost the company way less. Companies say stuff that doesn't always materialize. They made a great call not pursuing the much more expensive hops idea.
Most of the rest of the points just seem like company errors. Nothing to say about it, they made mistakes and fixed them. They are growing at such a rapid rate that they overlooked some aspects.
As for all the letters of intent, they cant be signed as definitive because of the current laws. As soon as the farm bill is signed and put into law, the supply deals will then be legal for them to sign and I expect them to do exactly that. Canadian companies with LOIs will have to wait for CBD to be rescheduled.
Runnerhunter wrote: Lol you think this dropped because of bashing?
how about
-shady management who were in MJNA
-extreme dilution ( 400 millions shares )
-useless acquisitions paid way to much
-buying friends companies
-giving themselves millions upon millions in consulting fees
-36millions losses hidding through unaudited financials
-paying pumpers to promote their stock
-lying multiple times about you products
-lying about were you were getting your CBD
-reverse split 10-1 and giving the reasons as « listing to nasdac » when it was never even close to be able to be listed there
-management day trading the stock in their favour
-2 ctos that remains for close to 3 weeks
-another halt that remains for about 2 weeks
-insiders selling their positions without letting their shareholders know about
-having multiple unclosed LOI and agreements
-having deals terminated by companies that were reputable
Etc....
if you think that bashing is the reasons why this dropped 90% you are not only inexperienced and a bad investor you are also a grade A moron and probably Have the lowest tier of IQ.
my « bashing » has been prooven to be all truths and infact, my « bashing » was much more like a warning than trying to make you sell. You do what you do with your money but you can never denied the fact that i started telling people how bad this was when it was still above 12$/1,20$.