OTCPK:SPLID - Post by User
Comment by
HouseSpeaker007on Aug 01, 2019 9:58pm
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Post# 29987183
RE:Financially, they aren't
RE:Financially, they aren'tgeodcan wrote: doing so well, it seems and if they have to keep going for more and more money without some indication of a future return, it makes you wonder about the cash burn.
Is it nefarious, or just out of control and what are they doing about it? Investors are scrutinizing the fluff and real news with a critical eye, and I have raised the question, several times, about about the one winged fly approach and whether we are a value added marijuana company or a real estate acquisitor?
EAT is at the stage of the rubber meeting the road and if our team is "really" making milestones, then the sp should turn around. I have concerns that it is the same old mentality that doesn't see serious competition that is going to eat our lunch!
I'm still hoping that we have some value in the pieces that somebody else wants us and will pay a premium and throw an agressive management team in there that recognizes there has to be forward movement. Loss of interest in a company is a death knell that heralds the approach of the vultures. glta and dyodd
I don't think you are realizing that all MJ stocks are posting losses quartely and yearly ever since inception including Canopy and Aurora and trading 100x the earnings/share derivative.
So I wouldn't drop the ball just yet, I think this is a great MJ play with enough assets and earnings to take a bet and see where it goes.