RE:RE:RE:Predictions
I think Q-3 revenue will be lower than $300K may be much lower. I think it's due to lot of store sampling and discounts like BOGO for $1etc. I am not saying it's not necessary but just saying it will decrease our revenue. I think that's the reason they want to realise revenue only when they sell the products. Only solution I think is to increase our store count but last number I heard through an article was 30. This management does not believe in transparency, probably because they have more to hide than to show. Q -4 I think last thing this company needs, is any kind of production disruption. Even it's for moving into bigger facility. Why can't they start production independently in phase 3? I hope there is no production loss, otherwise it will be disastrous for share price (it's been dismal share performance so far.) When is AGM this year? I haven't seen anything yet. Last thing, I want to say is that I am disappointed in our CEO. I really liked Jeff's focus and therefore Tinley's focus and his capital management skills but the lack of transparency since forever creates lack of trust at least for me. I don't know when the management can go out secretly and look for money at significantly lower valuation than market without telling its current investors. Anyways, I think all of this expansion will mean that company might need more money within 3-6 months. With this low price mean more dilution. If this company fails than there will be 2 reasons f I think 1) We were too early. The market took 5-7 years before cannabis drinks became a trend. 2) Management and it's lack of transparency.