RE:RE:Great post Jared They could, but they won't. Brad has always maintained (and stayed true to this) that he needs to protect the share structure in order to ensure shareholder value is maintained. Look at ACB for example. Great global company, great millions in revenue, great huge manufacturing facility......but the stock can't move anymore because its a bloated pig.
With all this company has done, to have so few shares outstanding....is outstanding. The ducks are lining up here for a massive move north. The current market cap is $50 million. Can anyone comprehend that? At $500 million market cap which is where this is heading this year, that would mean a share price of $4.20. At 1 Billion market cap, we are at $8.40. Just based on current capability and distribution potential of cannastrips, that is the ceiling. If the US legalizes, you have a $2 - $4 billion dollar market cap, and you are looking at a stock price of $16 - $32.
So if any of you have doubts, cast those aside. With every NR of progress, this is what is growing right before your eyes. The JV announcement yesterday is amazing because it keeps LDS in control of the majority of the profits, a small royalty is a small price to pay for the access they are going to gain. National Green Biomed is currently in partnership with Health Canada and could have their approval as a licenced LP any day now.
You are truly on the ground floor here of a major major company. These things don't happen over night.
DirkDiggIer1 wrote: Just imagine if LDS issued the same amount of shares as TGIF and did financing at .50. At a 150 million more shares that would give LDS 75 million in CASH ! Not saying Brad is going to do that but rather just making a point against Bateman. LDS revenue has, is significantly increased now that distribution of Reveur , Cannastrips along with white label sales. Future is loooking great !!!!!!!! g
DirkDiggIer1 wrote: Bateman is here because he always comes here and posts garbage so I took the initiative to go TGIF and he’s having a hissy fit. We do know this however LDS has under 4 million in cash 6 months ago. That’s before the significant revenue increase and LDS is not burning through significant cash. Financing WILL not be that dilutive and WILL bring LDS to the next level without significant dilution. Appears to be a very promising future. GLTA