RE:unhaltingLotsofcash, this is all fine and dandy, however, I am confident I can speak on behalf of many shareholders that this is a very frustrating process as there is no communication. There has been little in terms of updates or clarity. I feel like we have to read between the lines.
Many of the shareholders that are frustrated are not weak hands. We are a group of people that invested in a strategy that should have been done in a reasonable amount of time. This halt has been very unreasonable, and pull out all the comparisons you want. The way the news is rolling out, at the end of this halt, we will have NOTHING to show except for potentials. NOTHING concrete, other than a deal with "City View Green", who one year ago today, was nothing more than a business number. THERE IS NO FACILITY PRODUCING ANNNNNNYTHING prior to this deal. This transaction is all based on a concept. This whole company is based on ideas. THERE IS NOTHING...... A leased HALLOW building in Brantford, mortgaged by a secondary company, that has nothing going on. BUT WAIT!!! It gets better.....
WE OWN 19% of BUDD HUTT. BUDD HUTT DOESN'T FU$KING EXIST!!!!! Again, it is a concept. So what do we have after 365 days?????? We have NOTHING but an idea. No please, go to church, pray, hold on for an extra couple weeks.... There won't be one plant in the Brantford facility that will budd before the end of 2019. Now tell me, does that sound like a good investment??? Is that what we all signed up for 1 year ago....
lotsofcash8 wrote: I believe we'll unhault next week or the first week of February, with or without the cultivation licence. If the company had sent out a circular on whether the company should remain haulted until they receive their licence, I would have voted to remain haulted. It just brings more value, plus being located in southern Ontario and focusing on edibles which will be legal in April. But as you can see by a lot of the recent posts on this board, people want to move on, which I understand. I believe the company will let all the weak hands out the first weeks before they really announce any real news, such as their licence. But you can always check the Health Canada board for that information. CBC reported this morning that there will be a shortage of legal cannabis for years. Which only spells $'s for us in the cannabis/edibles/oils market. I know there was a minor rollback on our shares, but it happened to all ICON and CVG shareholders. When I got involved in penny stocks 30 years ago, my buddy told me, "be prepared to lose everything, if not, it's not for you". Everyone should feel lucky everything went semi according to plan. This was a "nonbinding letter of intent", what the h@ll is that? Thats the weakest deal I've ever seen. But obviously we have alot of shareholders that are church gores. Thanks for saying a prayer for us to the big guy.
If someone asked you to invest in the ground floor of a company, that was involved in a new, but growing worldwide market, but you couldn't sell your investment for over a year, would you sell at the first opportuntiy after that year or wait to see what happens with your investment? JMHO, but after a year, I'll wait and see what happens with my investment.