RE:Hello Edibles -Ah the holy grail...an equity partnership stake with a large company. I hope for that with all my stocks, very rarely does it happen though. More often then not just JV's which doesn't really help with the cash flow situation. Just looking at the burn rates though, you and I agree that they will need to find another cash inflow somehow and soon. Hopefully we see sales increased into the millions per quarter as a result of the many millions spent over the last 6 months. If they can't get to $1 million in net revenue per quarter within the next 6 months they are going to be too burned for the Cannabev products. Time will tell and I am hopeful
homeboy14 wrote:
I'm not sure they will have to do what you suggest if a "new Partnership" takes place that brings with it a surge of money ; I do not know if that will happen, but I do know many avenues are being looked at by Terry, to bring or sustain SH value - I get the sense that he is a more honest person with sincere intentions than I have come across in some of my other stock investments, and that says a lot to me aboiut his integrity, also given the fact that he is very approachable and has answered my questions in several personal e-mails - Commitment and focus - Terry has that - Best of Luck to us !! - We should see some news around the 22th, JMHO - HB14