Preferred lenders - continue success in vaporization space The letter seemed to indicate a debt option which is preferred “Lenders recognize the value in our company and are eager to support the growth of our business – to fast-track the business towards profitability. : whether it’s Jupiter’s continued success in the vaporization space, Baker/Blackbird’s expansion throughout California and beyond, or our state-of-the-art Massachusetts facility.”
We all know the stock price is being manipulated – In my opinion has nothing to do with the value of the company - TILT is extremely undervalued. It comes down to greed pure and simple. A concentrated effort to get TILT as cheap as possible through stock manipulation - shorting first then driving upwards later. it is easier to double a stock 5 times from $1 to $32 (still cheaper than some other cannabis stocks in the industry) turning $35,000 into $1,120,000. If the price was at $4 would need to get price to $128.
It has nothing to do with the fundamentals of the company or the Enterprise Value. Look at the chart - not a single higher high in 6 months - even after reporting on $40 million Q1 revenue and the 5th largest revenue of any Cannabis company. We have all seen phony "asks" being made end of day to prevent a "higher" "high". Manipulators are not getting my shares cheap - but I am adding and waiting for the ride up. The average buy of all houses is still at $2.40 since January. Hopefully after some high volumes at this level will be back up supported with ongoing communication.