GREY:INSHF - Post by User
Comment by
Toweringmarson Aug 29, 2019 1:12pm
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Post# 30079879
RE:Value of ish compared to four20
RE:Value of ish compared to four20Cant compare 6 corporate stores to the Inner spirit franchise stores. 1 corporate store can make more money than all franchise stores 6% royalty combined. I wasn't very impressed with the numbers we made last quarter, and by the looks of it neither was Tilray. Then again fk Tilray. Inner Spirit seems to be having a tough time gaining any traction I must say, we need to divest ourselves of the watch it! brand entirely (it was nice to have their framework to piggyback the spiritleaf stores on, but the time has come to let that go). Only the true test will be to see if Darren can let go of the past or not. Watch it! brick and mortar stores just cant compete. The other big thing that really bothers me about the financials were the VAST amount of options they gave themselves at 0.10 and the boatload of out of the money warrants out there. If we're going to be critical of our investment here we need to sit back and actually ask ourselves who's manipulating the S/P here. Who would keep just a small enough wall at .18 .185 .19, for retails to nibble at, but not want out bad enough to sell it down into the danger zone? Only to actually look into it... And surprise. Darren and Chris have been selling in the open market, at least Chris has bought back at lower prices... But that's never what you want to see... Management playing with the stock. https://www.canadianinsider.com/node/7?menu_tickersearch=ISH+%7C+Inner+Spirit+Holdings Suffice to say with this new Tilray news I'm not to Impressed.