RE:Simply wall street article. Simply Stupid!!To be fair, that article is neutral. It simply states what has transpired. Us longs can certainly relate to the loses. It’s starting to look like Blaze made the right call! Sure, as hell hope you didn’t get back in after all that news Blaze, to see it retreat! The life of investing!
We sold our stake in P-O-S to raise cash, simple as that. A terrible deal, now they have a license while we wait. On top of that, were building the facility they already had, for 4 times the return on investment. We announce the acquisition of AlternaMedz, which is in the “Readiness Stage” for licensing. Yet, no one really knows what “The Readiness Stage” even means, as the weeks tick by, turning into months. On top of that the entire deal is contingent on finding a lender. One that likely will not take part until they receive the license. Meanwhile our license is where? All we know for sure, is its not at the “Readiness Stage” which clearly still takes weeks and or months.
So, to warn future investors of the trend, is only fair. Of course, when you factor in what they are not considering, the upside is tremendous. Which leads me to my estimates, once these deals close. Either I’ll be wining and dining with DKM in Bora Bora next summer, or filing for assistance!
Good Luck all.