Phivida Holdings Inc. PHVAF

RE:RE:RE:Moon will drop OKI

[BuddyGuyMan]

I agree - I believe we're on the same page.  It's possible that Jim was so close to the dream of OKI that he failed to accept how much it was costing the company and its shareholders until it was too late.  He did a solid job assembling a team which created a great product, but to sustain the business model he had in place, the company would need to be selling exponentially more volume.  And although some major national chains allegedly wanted to carry OKI, they were held back due to FDA enforcement of CBD laws.  Therefore, Moon has stripped back costs that were dragging the company under, and refocused on where the money is.  Like I said, it's still entirely possible that OKI will gain traction, especially if/when the FDA passes new legislation or bill AB2228 passes in California.  I do believe the moves the company is making now are in the best interest of shareholders.  It's just too bad the stock had to crater first.