RE:dif story when q4 and q1 are reportedSpot on vulc and that is exactly what we want them to be doing, it is slow for us watching but there is plenty of action at 7acres and with very little time most days getting the right product shelved at the right price,of which differs from are to area and is evolving daily.
There is a lot of work to be done with moving from B2B to CPG, mostly new clientele in a market place that still has a long way to go to be established and defined overall, province by province and area by area....new product needs to te be tested to identify what quantity of what product is in demand whrere and Beena/team haven't been there a full quarter yet and that quarter was spent mainly in CPG install and transition to internally and new markets/ clientele to establish,in a very competitive marketplace that is just starting to establish itself as well.
As much as we want to know now we won't be satisfied until we see more and better before this quarter ends and that report isn't there yet and is all just the normal course of how the business unfolds and establishes for FIRE and the rest of the sector, with APHA being the contrarian, lately and maybe FIRE in quarters to come? We will need to get to full production or close before we will have any real idea of just how good this company is.
One thing that looks certain is that Beena will be turning every stone and more to get to a very positive end as soon as is possible and there is plenty in the pipeline with more on the way going forward. Getting in on the ground floor and established in those Ont stores as they open will be a big plus and is just the beginning, the balance sheet is going to look that much sweeter every step of the way to full production. JMHO...Opt
vulcan123456789 wrote:
I've had email from ir and they know the market.. know the majority of investors and institutions want to see progress and profits.. they believe news releases on every little thing or fluff would mean little.. it's a show me sector.. they are focused on the show me part of things.. coming on full production.. many new skus released.. and expanding to each prov.. more skus in the works.. humble and fume getting us into more and more stores....ont green lighting store openings as wee speak.. many have opened since last yr and last I read approx 500 more just in ont close to being open .. in the works... our cap ex is very low at this point.. investments in time and money already made. it's just a matter of utilization. squeeze the dollars out of what we have already done.. as well we have focused on cost cutting and control of product start to finish.. in short we are in good shape it's just a matter of time..I can wait to see this unfold.. it's a buying opprotunity at this time.. jmho cheers.. I'm not concerned with what the shorts say at this point..