RE:RE:RE:Who knows exactly how is company doingShinyGlass wrote: I have read all that and still not sure how they are doing and what to expect. That's why I ask people who understand better from what they read. Thank you!
I am dissapointed that we've been kept in the dark by the company for so long. They knew around spring 2019 that they had to slow down operations.
In august/september/october/november 2019 Malay pumped his way around on Twitter with messages of 'it's now our time'..
But after HC approval it was not Pure's time (understatement), because they had no money left and were forced to shut down operations and lay of people during Christmas. That was unexpected, because in the NR after HC approval they said they would immediately start cultivation and extraction.
Okay. So we are now in february and finally see the financing, which is diltuive. Another surprise, because we heard the last couple of months it would be non-dilutive but okay...
Then we get an corporate update and finally we now know operations were not active the last couple of months (after HC approval) and there know starting cultivation. Finally.
What is the feeling when you read this?
Strangely enough I still have 190.000 shares. Because I still have coinfidence in the valuation of Pure at this time, that it's a extremely undervalued stock.
Malay promised to keep operations lean and I heard he didn't took a salary since july 2019. He is aligned with Pure with around 25M shares. The management team is still the same people. That all is trustworthy.
But I will follow the roadmap very closely right now. And I want to be informed at a higher level by Pure. If not, I will sell my shares at a discount.
At this moment I still believe they are a sleeping CBD giant and a good company with a harvest in 10 weeks. They finally took off. Let's hope they will deliver now. GLTA