OTCQB:VVCIF - Post by User
Comment by
SuperSlugon Jan 19, 2020 1:44pm
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Post# 30571098
RE:They've enough Cash
RE:They've enough CashI totally agree, I was simply stating that I would expect offers at $2 from larger players looking for cash. I don't think they should take them. I think they company has one of the brightest futures in the industry.
JaCkSnap wrote: For years and thats' assuming their revenues dont' increase. But alla moot point being that they've made a final decison in favour for the Oudoor Grow in Napanee. They listed that too on the Janury 13, 2002 investor presentation. Totally paid for land on the same space as the hybrid greenhouses. They will be cash flow + this year at some point. Couple that w/t the 2.0 we're in absolutely no need for buyout. That would be extremely silly and a buisness blunder. They should not even begin to entertain an offer until their share price is over 4/share. But look out for Village Farms trying to steal a reputation in Canada before then unless you're offering over 4.00/share.