Aleafia Health Inc ALEAF

RE:RE:A 1 FOR 4 SHARE CONSOLIDATION IS THE ONLY WAY TO GO !!!!

[Kdawg51]

Look, the truth is that a buyback will never happen either. Lets consider the consolidation first. It reduces the float from 268 million shares to just over 67 million shares. What does that do? It significantly reduces liquidity which is bad for investors who want a higher share price. 2nd, if they consolidate, and then dilute again by listing on the NASDAQ, the share price may drop right back down to $2/share and now those pf us who already bought shares just lost 75% of our investment. The buyback: First of all, the company doesnt make money. Yes, it has cash on hand, but you want them to reinvest in the business to make it grow. Buying back shares right now would only mean a higher loss per share than we already have. Their only option really, is to attempt to list on the NASDAQ and raise some capital, which will dilute shares but increase liquidity, and hope that at the same time the overall share price rises over the next several months to allow it to remain on the NASDAQ. All i can do is shake my head when i read comments like this. Everyone just needs to be patient. We dont need news, we dont need Emblem updates, we don't need this to be $6/share by Friday. All we need is for the leadership to execute their intended plan and become profitable in the process and all of us will be handsomely rewarded. It may take years, but if you believe in the company, you have time to wait.