GREY:IVITF - Post by User
Comment by
display_nameon Dec 30, 2018 4:23pm
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Post# 29169974
RE:Trying to get a good read on this company
RE:Trying to get a good read on this company
The big detractors right off the bat are the 15 million in capital they misused bringing on gene Simmons and there is the argument that they may have spent too much on the gtec aquisition. However all the money they've raised in the last two rounds of financing have been between 1.60 and 2/share so there are institutional players happy to hang on to shares and warrants at those prices, taking that as a buy signal personally. Overall they have a pretty ambitious capacity expansion plan which they've been pretty near meeting so far. I believe they will be able to move their product at a higher aggregate profit margin with their recent clinic/retail expansion plan as well.