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Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.


GREY:PRCNF - Post by User

Comment by AREKAY1on Feb 19, 2020 1:21pm
242 Views
Post# 30709144

RE:RE:Pure - Report by Jonassss and ArenotKay1

RE:RE:Pure - Report by Jonassss and ArenotKay1Agree with Jonass-this is just a detail. Have to keep eye on bigger picture. I like the increased engagement— frequent updates in last couple of weeks; now we need concrete follow through. If we can see prompt introduction of new products and revenue pick up, SP should rise which will make everyone more positive (but would expect SP to tread water in short term). One bit of good news is that the EPS is only marginally underwater so path to positive cash flow looks relatively short. A lot of talk about dilutive financing, but please correct me if I’m wrong, but I have not seen the share float increase from even before the last private placement, so at least so far dilution does not seem to be a factor (have I missed something?). Everyone needs to have some patience — this is still a business and each step takes time. We’ll see... 
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