RE:SupportI’m out, sold for breakeven and I’m bearish again. I thought this might have the. Chance to start trending upwards to maybe the .65-70 range how ever with the earnings and the warrants at .34 this stock will trade sideways / red . They have zero cash why would anyone buy them out ? They have revenue and demand because of lack of competition they operate in a federally illegal country. As well no one will buy this out as it operates in the US.
Like I said no rent positive EBITDA and still burned through all cash. Like somone else said this will bleed out... TRUL with .5 EBITDA how can halo compete with companies like this once they are fighting over territory ? Simple they won’t this is a dilution monster that was pumped up IDGAF if there revs are growing their profits aren’t and that’s what keeps business alive
GLTA I’m out like I said at .55 be careful leaving your money here this is a penny stock. I got fooled bought at .44 and should have sold at .5 + but heck it’s all hindsight