No need reply.
The only PR in a month and one of the best non-events by a company that I have ever read.
A NEW SOURCE OF REVENUE IS A MAJOR STATEMENT. SPR’s forward looking statement is lengthier than others in the same position and basicly refutes everything in the actual release.
WHAT ORHER FORWARD LOOKING STATEMENTS/COMPANIES ARE YOU REFERRING TO. SPR CONTINUES TO EXECUTE AND IS PURSUING WELL THE FORWARD LOOKING STATEMENTS. NOTHING REFUTED,CALIBER WAS PART OF THEIR EXECUTION PLAN.They can’t even get correct the total Alberta retail network. Every recent LP references 330 store fronts while SPR states 340.
THERE 353 CANNABIS PROVIDER OUTLETS IN ALBERTA. SEE LINKhttps://aglc.ca/cannabis/retail-cannabis/cannabis-licensee-search.
Is it just another case of overpromise and underdeliver? Love the comment about their “most popular size (3.5g)” when they haven’t sold one yet to know in Alberta conflicting with their statement earlier in the release about it being the first step to an introduction.
SPR IS NOT REFERRING TO THEIR PRODUCT SALES BUT RATHER THE MOST POPULAR SIZE IN WHICH CONSUMERS ARE CURRENTLY PURCHASING IN ALBERTA. NO CONTRADICTION, SPR IS REFERRING TO A STATISTICAL ANALYSIS OF THE ALBERTAN MARKET. More importantly, what exactly is a “Standing offer contract”? Can’t find an example of this from any other LP with an AGLC provincial supply agreement. Check out HVT or VFF as recent examples. Investors need clarity on terms ASAP (ie – what conditions relating to expiry, minimum volume thresholds, financial capacity to deliver, etc).
A STANDING OFFER DEFINED: A standing offer is an offer from a potential supplier to provide goods and/or services at pre-arranged prices, under set terms and conditions, when and if required. It is not a contract until the government issues a "call-up" against the standing offer. SPR IS CLEAR AND TRANSPARENT IN STATING THAT THIS IS A STANDING OFFER AND CONTINUES THEIR STATEMENT BY ADVISING WHAT THEIR PLAN IS “IN PURSUANT TO THE AGREEMENT.”. THIS IS STANDARD PRACTICE BEFORE SIGNING ANY SUPPLY AGREEMENT. NO COMPANY WILL POST DETAILS OF THE CONTRACT. HENCE YOUR ADVICE TO LOOK UP THE COMPANIES MENTIONED IS USELESS, WHICH WAS NO DOUBT PART OF TOUR AGENDA. Probably now see another month of
https://www.youtube.com/watch?v=Olfg9KK_bmE. It is also very tiring to read SUMKNDVBSer’s links to SPR-sponsored articles …. although I’ve noticed that has even slowed down as everyone realizes how dire the financials are and the thought of spending +$10k/month makes people want to barf.
I HAVE NOT POSTED ANY SPR SPONSERED ARTICLES. IN FACT I HAVE NOT POSTED ON THIS BOARD FOR WELL OVER A WEEK. PLS PROVIDE THE ARTICLE YOU ARE REFERRING TO.
THIS POST WAS DEBUNKED SO THAT NEW COMERS/INVESTORS WILL NOT FALL VICTIM TO PAID BASHERS. BASHERS NEED NOT REPLY. SPR LONG.