NXOLONGAs you can now appreciate, 1Hornet is a bipolar in his posts. This is the deal. In an earlier email he suggested that he invested 6 meaning 6$K in Zenabis. He then expected that as soon as he purchased his position he expected results pretty quickly. Everyone would love such scenarios.
As predawn pointed out (and he is also long) management is not giving timely updates. He is absolutely correct. I have my suspicions as to why this is so. Management already have total control of the company after the Right Offering. Now There can be no hostile takeover. Problem solved? On their front that is a HUGE yes
But they is more. Vincent Quan is a new director and is in an advisory role also. Thus they are making their operations lean and mean. Second problem solved.
Me Quan is a wiz when it comes to money management and financing. I think edrose was suggesting that in an earlier post. He is there to make certain that this ship gets to destination in a timely fashion. He is to Zenabis as to what John Chen is to BlackBerry
Back to predawn's point. I believe that management may be suppressing information (that is my personal opinion and may not be factual) to get cheap shares for self, family and friends.
Hence I and purchasing more and rolling the dice on this play as I see it as a 11X at this current price