RE:DILUTED THEMSELVES TO NO.1Your right, but when these companies diluted to over a billion shares, they were number one in their industry. Aurora is arguably a distant number 2 or even number 3. The longer it takes to get a serious partner that injects some serious cash, the farther down Aurora will fall. If Cronos buys a multi-state US company that would put you in the number 4 spot. No money, no deals, too much dilution........Aurora may end up being the AOL of cannabis. Too bad really. They have amassed a decent portfolio but they over paid and over diluted to get it and now they are cash strapped and no one will take their shares to be aquired......at least not anyone worthwhile.
manymoney wrote: AURORA IS IN GOOD COMPANY ,OTHER COMPANIES HAVE DILUTED THEMSELVES TO NO.1 ....AMAZON 1.5 BILLION , GOOGLE 4.5 BILLION SHARES ...AT THE TIME THERE WERE TONS OF A$$WIPES LIKE HOMSTENCH AND DR.REEFER BASHING THESE COMPANIES FOR YEARS...THEY WERE NEW INDUSTRIES ,YET BLOWHARD CHICKEN LITTLE TYPES KEPT YELLING DILUTION , CASH BURN , NO MONEY....TOOK AMAZON 10 YEARS TO BE PROFITABLE ,GOOGLE AND AMAZON SHUT EVERYONE UP , AS WILL AURORA