RE:RE:Also agree with Mr Awesometrimmer3098 wrote: Just curious...who are they going to sell too? There is oversupply in the market other big producers have shut down facilities due to oversupply. They dont have a sales license for anything . They would have to basically give the harvest away to lp's that dont even want it. I am happy to listen to an actual answer to this question.
SebWood wrote: We have to stop being positive for the sake of being positive. The stock price is pathetic and things is not profitable for us and I've been losing money for more than a year now.
NOW that being said, I think the next step is around September/October with revenues created with selling the harvest..... BUT that is a very very very critical period. If hey fail at that and can't sell it or make decent revenues, I'll be out and sell everything I bought around 7 cents. THey also have a shot with the edibles factory though..... hopefull they play that card soon OR at the same time they harvest to create a boost this fall.
I will only keep the amount of shares I bought around 30 cents as I consider this already lost and would keep it as a in "just in case one day it works".
For the now and the duration of summer, I agree with Mr Awesome and feel we will revisit the 4 cents or lower.
One last thing: I never actually expected the price to surge because of the license. I predicted 3 - 4 cents , it happened and then we lost it all again.
All valid questions. I believe they have set themselves up to supply themselves if that makes sense. Are Delta and AAA not capable of supplying E&I, Farmako, Bottling, etc? Wouldnt that be a head spinner??? Delta generating revenue from it's own subsidiaries and those same subsidiaries taking advantage of discounted rates to purchase wholesale from Delta and then turning around to make huge profits selling retail!!! Hmmmm