OTCPK:SPLID - Post by User
Comment by
Greedeon Nov 28, 2019 11:16am
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Post# 30402045
RE:RE:RE:RE:RE:RE:7.5 cents, way to go NH!
RE:RE:RE:RE:RE:RE:7.5 cents, way to go NH! To be honest, you do not sound at all like the poster who actually existed previously. Maybe you are but the tone, diction and approach don't remotely resemble the previous incarnation of this ID and I think if you asked around the board, they'd probably agree. We all know this isn't the original handle, so something's strange.
Regardless. The burden to impress is on NH and they need to DEEPLY shock the markets to reverse this sinking ship in a BIG, BIG way.
One of the jobs of a publicly traded company (need I remind you) Mr. Octopus 2.0, is to create a littel something called SHAREHOLDER VALUE.
In that respect, they have failed MISERABLY. It is indefensible. Q4 therefore, truly matters.
LiquidOctopusV2 wrote: Who says I turned on Greede? We're not agreeing on everrything anymore but that's not the same me turning on the guy. I see a company that is just teetering on the brink of profit, with a well above average revenue growth that was trading today at a market cap that is actually
less than the 12 month revenue run rate from last quarter.
The ups and downs of the share price don't impact my assessment on the value of this company because it isn't based on the day-to-day of the share price - it never was and it probably should have been. The price has been far more volitile than I anticipated. I thought it would have held around $0.20, while people waited to see if the California strategy would pay off. Frankly, holding there would have still allowed me to net a small profit. I did not anticipate the whole cannabis sector (if you can call it that) taking such a dramatic tumble.
I've admitted many times that it would have a much better idea to sell when the price was higher - and I did a serious reassesement at when the price came down to $0.20, there is just too much potential and the company has improved its position since that time by adding new brands. And apparently, although unexpected, by making a credible serious business link with Thailand.
All these bad feelings, all this hostility. What sets it off for people? The an NR about the ongoings of the US political process. Does that sound reasonable to you? It does not sound reasonable to me. The share price has utterly collasped - this is the bottom. Confidence is low and cannabis is the short playground - I have my regrets but I'm tough as nails selling in this range would be FING stupid.
Tundra14 wrote: The most short sighted person on this board is YOU Liquid! even Greede has removed the rose coloured glasses you wear and has seen this company continuously spiral downward. You're turning on him now for the simple fact that he's stating the obvious and asking some tough questions that everyone else but you can see the relevance of. Facts are facts, and the share price speaks for itself. The market doesn't share your bullchit. I admit, I'm down a lot on paper on this teabag, and I'm man enough to admit it. Unfortunately, you keep eating the crow. For everyone's sake on here, including yours, these next financials better impress or I'll be taking a nice tax loss into next year.
LiquidOctopusV2 wrote: Nobody can close in Nevada. Your assessment is short sighted. California is what will keep the company going, for sure. The rest isjust your frustration talking. Get this, the share price isn't sliding in response to anything.
Greede wrote: Add to that, the fact that they have not been able to close Nevada formally.
They really just need to re-brand this to Calyx International and wipe clean the stain that is and has been Nutritional High, an alleged edibles company that hired a chocolatier and fired a chocolatier to run this train wreck. Just let Dakota take the reins and focus on distribution.
Forget Thailand, forget Nevada, forget Ilinois, Oregon, Washington...we get NO REVENUE from them anyway and all they have done is distract from what we now do passably well, sell OTHER people's stuff in California.
They'd have to be extraordinarily, almost purposefully incompetent to screw up making MORE money in Q4 than Q3. With the share price laughably as low as it is, there's actually little point in even selling now even if we're all disappointed. There's not enough capital to there to re-start it growing elsewhere. We'll all have to sit and see if POZIE and stuttering Adam can yet make this dog hunt.
oggyswain wrote: Makes you wonder if the financials are going to come out lower than expected.
Greede wrote: They're really impressing the market. Sure everyone is down but if our story is even a fraction as good as it appears on paper, we should absolutely (can't believe I'm saying this) above $0.10 LOL.
Tough times we've seen but this must rank as among the toughest.