RE:RE:RE:RE:RE:RE:RE:Book value is 0.37 per shareSo you are not buying because it's only going up. The fact the float increases has no impact on the value of the company after all. Just check the trades before the PP was announced. Some people are probably planning to take over the business. Matt still owns 6M shares and I'm sure he will be adding.They could sell a single brand easily for $20M today, but it's worth more than that. Love Child is increasing, Go Veggie is increasing. CEDAR is doing fine. Riot Eats is launching. Central Roast is increasing both at brand level (new distribution wins, new SKUs) and private label. You think a business that is growing, with $60M+ in sales, EBITDA positive, is not worth $10M?? I having nothing to add, just ignoring your posts from now on.
Jameskemp wrote: Really the only option will be to sell another brand which is basically selling off the company slowly to pay off debt but does nothing for shareholders. they can sell a brand today for the current market cap and the market cap will not move.
They tried that already and it did nothing for the SP.
I would not be buying this above .08 that is for sure!