RE:RE:RE:RE:I have the up most confidence No problem vangooh. I'm actually neutral on PKG, not bearish, not bullish. I've been in & out of PKG a few times over the last year.
Just pointing out the reality of the current SP situation. I'm not a buyer at .30, but would consider it again at .25 maybe. I doubt it'll sink to .20, but anything goes if & when the market tanks again.
If you think the market is all better now, prepare for disappointment.
A GTA announcement would be good but an Amazon GTA contract.would give it a big boost. Hard to tell if that is possible as they didn't get the prarie provinces Amazon contract yet.
I like the company overall, lots of potential, good management, solid cash position, good board, steady rollout so far. I'd like more numbers from the company on how many app downloads, # 1st time deliveries, quarterly deliveries by city, and segmented rev's by sector (Amazon, restaurants, liquor, weed, grocery, etc.).
Q3 $822K revenues were 80% Amazon, meaning $165K qtly non-Amazon revenues. That's a year after they launched the app in a tier 1 city like Vancouver. That tells us buyer behavior takes time to change.
I'd love to know Calgary & Saskatoon sales volume right now without Amazon. That would be telling.
Things that would make me chase PKG are new Amazon contracts in big cities, more rapid expansion to tier 1 & 2 cities, and something substantial in weed & liquor deliveries.
Meantime if Q4 sales somehow disappoint in 2 weeks time (< $1 M) prepare for a SP pullback buying opportunity on that news unless they announce something bigger than just a marginal Winnipeg / Edmonton expansion at the same time.
vangooh wrote: lol thanks for the novel. a work of fiction and lacking any real facts or forward looking statements, looks like somebody had a .20 bid and missed the boat lmao