Sunniva Inc SNNVF

RE:RE:RE:RE:RE:RE:Are they going to run out of money before it is all built?

[Bluechip2]

@bluesguy - I am with you on a lot of that, it is time they prove themselves in short order. I know you mentioned you reduced your position in Sunniva considerably, as their lack of timely execution has left investors running for the doors and short sellers having a mini picnic. Whether partially planned or not they are coming online in California at a perfect time with scale and clean product and very likely more 2019 revenue than their current market cap. The white label contracts being executed currently are a good cash flow derisking element allowing Sunniva to go all in on the branding, full circle integration seed to sale. It was mentioned that this adds risk to their strategic profile and I would agree, but that is why I am here, bigger risk, bigger potential reward. Today, the SP is much lower than it has ever been, yet with the majority of risks in the rear view mirror, it would be foolish to consider imminent execution and high revenue not a reasonable probability. The whole cash flow concern is only a potential issue for me if Sunniva fails to harvest in Q2 as indicated on the pr. The management and Barker Pacific are very wealthy, successful business people and to not follow through now that the facility is near completion and a strong team is in place and executing is a preposterous proposition. With a full quarter of extraction revenue behind them, Canadian development predominantly on hold, and inventory stockpiling, they look to be in fine shape. The director ownership of stock in this company all but guarantees additional cash reserves to see this through if required. The next few months are make or break in terms of execution, lay your money down, I like the odds here at this point.