MYM Nutraceuticals Inc MYMMF

Still overvalued...?

[BadgerMe]

So how far down do we have to go before us pessimists wont get name called for bringing up valid concerns.

These guys are overvalued, even at this low sp.  They had potential which was baked in to the sp, but really, give me one deliverable management has executed.  Yes Weedon is under construction, although significantly behind schedule, and we dont know how they will fund it.  They were originally supposed to have 300k sq ft completed by now, they moved the goal posts down to 30k sq ft, and thats not complete.

Laval seemingly has been waiting for some time, but they only own 75% of the smallest facility out there.

The most recent 25 million equity, seems to have some red flags.  It would be nice for once if management could deliver something with full transparency.  My hope is they use the 25 million to expand Laval to the 37k sq ft.  Focus on one task, instead of promising on Casino project (now government support withdrawn), Maple ridge faicltiy (now defunct), Weedon facility (miles beind schedule and funding is a going concern), Columbia partnership (havent heard anything), Laval (waiting for a year)....  

They have not delivered once.  Meanwhile all the aqusitions (Budly, Hempmed, joshuatree, dr furbaby) are all non existent now.  

How anyone can spin this into a positive needs to objectively look at the past succes' and failures.  Its not a pretty picture.