OTCPK:SPLID - Post by User
Comment by
CannaBakedon Apr 08, 2019 4:07pm
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Post# 29598499
RE:RE:Maybe I missed it
RE:RE:Maybe I missed it atm, post of the year.
-Cannabaked
LiquidOctopus wrote: I no longer believe that there is any real "manipulation" going on other than "short and distort", which is just an endless parade of unwarranted negativity. There is clearly a $0.30 resistence line on any short term chart. Something has to provide more reassurance of future profits to break that. I would have expected the Morningstar report giving them a FMV of $0.43 would have done it, but no.
Anyways, Calyx is ~99% of the company's income. They get licence money from Colorado and make some money from production. Basically, they bought and grew Calyx really fast. It has rapidly outpaced their other revenue pipelines. They're really just getting production started in California, if you go through and actually look through the financials and their associated news releases, you will see what's happening in other areas. Most things don't happen overnight. And, unless you believe in fairy tales, there aren't a slew of upstarts who know better who are waiting to bury Nutritional High, Nutritional High is establishing itself as a producer but ramp up takes time and reality is harder than the dream.
You can also look for a big revenue bump when GT in Nevada is added to company. Again, a big increase because of an aquisition. Washington State is worth about a 1/2 billion dollars, so they're in the right places.