GREY:DLTNF - Post by User
Comment by
dogwagon Nov 13, 2019 8:33pm
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Post# 30348105
RE:Anchiltz
RE:AnchiltzFairguy ,you are assumming that they could have filled such an amount when not very much money was available.Also they would have to of had something to sweeten the pot such as warrents attached so more dilution on top of dilution. Face it, Bay st was not funding any pot companies the last 6 months,Funding has dried up.We are still only $800k from profititablity.Some positives in this release that they are still selling retail for a $12.47 per gram average price with costs of $1.21 per gram.The only difference in the 2nd to 3rd quarters was the bussiness to bussiness sector which has a lot to do with timing.All in all this news release does not refleck our low market cap compared to others in the MJ sector.