GREY:PRCNF - Post by User
Comment by
Jonassson Mar 28, 2020 7:54am
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Post# 30855520
RE:RE:RE:RE:On Sale
RE:RE:RE:RE:On SaleI think China is still on hold. Not sure if Chinese are still interested in a company under credit protection. Time will tell if this agreement can survive this.
Toelder wrote: Jonasss wrote: I wouldn't average down unless i get news that Mel is gone. I promise to give you news at least a day before. That's when I will go all in. By the way I'm glad PURE is under protection so that every penny paid is being monitored by EY and court as per court order. Mel won't be able to waste our money anymore that MotherF.
burnout29 wrote: We still have to be cautious,,,, There under Protection ,,, I thought about trying to average down,but I have to wait until next week and see what happens ,,,, Be safe follow investors,,,
Hi Jonass, yeah I agree with you. The former CFO was the one with no experience at all in a CFO position. He never worked as a CFO. What a disaster.
Indeed Pure has a small business with little debt, so if they can produce proper weed and good brands this can still prosper.
Covid-19 is under control in China. So maybe the cultivation can start with the Chinese farmers as they planned. Do you have any insights regarding this matter?
Thanks in advance!