RE:Don't speculate, focus on the facts!I never said the company was fraudulent. I simply said they are exagerating facts, and providing buzz words instead of concrete info.
Definition of a "serial entrepenuer" is subjective. That statement is not a lie, but certainly not what most people imagine when hearing it. Im not sure how old he is, his bloomber bio says he has over 20 years of pharma experience.
Any indoor system will create better products than outdoor. Any verticle system will create higher yields than a single level system. But when comparing Pure's grow system to comparable systems, they do not seem better at all.
What concrete info do we have about their CBD products?
What about Malay's plan to utilize outside growers to supply them over the first 2 years because he expected a surplus in the market?? .... and now there is a huge lack of supply.... especially of high quality product...
They bought a high volume oil processing machine, and they gave a max daily volume for production. But that takes steady supply.... and the machine will not be running 24/7.... why no actual estimates about oil production? Is that because they have no idea how much flower hey can get???
And here is my main worry..... why does Malay feel the need to use all the buzz words and exagerated comments? Why not just provide factual contrcete info like other companies do?
People who are executing do not feel the need to use buzz words, they give concrete info and examples. Toelder wrote: I agree it is a little bit vague about Malay en being a serial entrepreneur, but he founded Puresinse in 2014 en how old is he? When you founded two companies, you are a serial entrepreneur after all.
This is a fact: Pure has a team with people that are the real deal (Chandra Panchal, Ross Hendry, Sandra Couto, Sanjeev Goel etc.). Do you think those people want to engage with a fraudulent company/CEO? No ofcouse not.
@Makingit: And perhaps their technology is not unique, but it's better than the average grower. Besides that, the real value/margins for Pure will be their excellent CBD products, and with the deal with Velvet (fact) you can guess these products are on their way.
Final thoughts: Pure is a penny stock (IPO in july 2018!). Let's give them a little bit more time to start the engines. They make progression on the way (january sales license, march deal with Velvet, april/may/june....oil license?? earnings??
Greetings to everyone that is long!