RE:RE:RE:RE:RE:RE:RE:Is this just a runup prior to financing?schor wrote:
Easymoney15 wrote: Schor why did this stock run up to 2.05 last year ?
It ran up last year along with all the other mj stocks. Last year the story was about california, nevada, the production facility and the acmpr. There was a good story, the story is not much changed from then, still no license, the plant is coming along but buring cash, the financing fell through and they are now trying to get loans, so the story to me seems bad now.
Going through the MD&A, there was several incidents of what appeared to be shear incompetence by management. I expected this to rally nevertheless with the tide raising all boats but never expected the run to the extent it did.
You could grow a full size Douglas Fir before these guys could put out an ounce of pot.