RE:Hmmm...SUMKNDV1DERFL wrote: Sen is stepping in to execute his new strategy... preservation.
-Replace Keith whom was unable to execute. Yes yes, for what ever reason. Not playing the blame game. He had his shot and failed to deliver, business is business and he made no business and provided no excuses. Sen has decided he is an asset valuable enough to include as advisor to Constantine going forward. That is more than Linton received from Constalation, Keith obviously has something to offer. Perhaps his value to Sen lies in remaining involved pro-bono?
-Assertively assist MH in $hitting or stepping off the pot. While opening the door to alternate partnerships. Basically back to the drawing board and not much further ahead than we were 2 years ago. Albeit a different some what battered but legal edibles land scape to contend with along with already marketed products.
-Re-evaluate assets to further fund the development and commercialization strategy of APP with limited addition of his own capital. Alignment for a last shot via $PR. Sen funding $855 in addition to his previous mil is an obvious move to secure his position in reclaiming IBC/APP rights and retaining all other assets of $PR should his last attempt at the helm fall short. I am not saying he is stripping $PR to exit, but he surely knows where the ejection button is.
This news/strategy to me signifies two plays. The turning point where Sen seizes the reigns and realizes the commercializations of his life’s work, which I am certain he genuinely wants. While also the last flare from a company taking on water as it sits slowly sinking. I am long regardless, but this to me is a do or die development synario where desperate times call for desperate measures. Sen is preparing for success but also preservation. I hope this brings a good turn around. GLTA.
I keep reading the release... the more I review the more funny this story will be if ever I get to tell it from the SS $proutly. Either way, the story will include the plus or minus of a “boat” load of my money and the ability to walk away with a smile. Nothing we can’t all grin and bare. Just wanted to add to my original post...
I keep reverting to the options of selling THR and or all other non essential $PR assets moving forward. I have made some rough calculations, according to sq footage and avg price per gram plus a full vault of products(flower and or Infuz20/BNO). Not to mention the possibility of a flower portfolio $PR holds that was developed by master geneticist Adam Jaques and what ever else of value. It is a very lose guestimation also taking into consideration a poor time to sell.
At a glance, there may be enough liquidities to keep a lean operation a float and cover debts come October. This depends greatly on what debentures are left and how Sen resolves his options and any other accumulation of debt.
My point, if debt is resolved and there is virtually no cost to this operation until an order to process cannabis is made with partial to whole up front payment then Sen may have a decent strategy. He mentioned leveraging LPs... “
Sproutly’s strategy will be to leverage the existing infrastructure and distribution networks of Licensed Producers selling Cannabis 2.0 products in Canada and similar products in other jurisdictions.”. For instance, Hexo is a perfect example of an LP that desperately needs APP. They do not have the tech but posses bottling facilities and licensing. Hence they resorted releasing craptastic products in Colorado to contend with other craptastic products. This may be crude but, bare with me keeping in mind the $PR fiasco we find ourselves in. Hats off to Hexo for producing something. $PR rides up to Quebec in their Winnebago, provides APP services on site within Hexo licensed facilities. Within 8 hours, the APP process is complete, no shipping, no fussing developed analytics testing completed. Can not help but envision Breakingbad right now! I know this chip truck version is crude... I am having a little fun with the idea. My point is that it would not require much to keep this operation lean and or even dormant till partnerships are established. There is no shortage of LPs requiring this tech. Hopefully Sen does not pull the plug on $PR just yet!