RE:RE:RE:Take-over risk is large nowIn my opinion,
Watch out below, there's fully functioning, non-diluted, little to no debt, same-sized LP's going for 2-15million market cap. I don't get why anyone would think this is upticking valued at 70+mil, with 100m+ shares adding to the float, roll back approaching and boat loads of debt. This is crazy people, even if you think this has legs, come back in at a fraction of the cost coming up.. the hold til I die attitude I just don't get?
johnale wrote: I hope not opt - I'm just thinking one of the bigger LPs who need to show some growth may have to do so by aquisition - and fire may be the avenue they do it.
Especially as we gain traction in the rec market while the share price and EV lags.
I did manage to get a hold of IR -
was worried on the wholesale end- as ogi/apha had zero wholesale. But apparently those channels are still active and open for fire which was good to hear.
humble and fume increasing in store sales - is a big plus now apparently.
unlikely to get guidance for q4 as the finance department was swamped dealing with the convertible deal - and they don't want to issue numbers without being absolutely certain of the range.
sounds like we should get an update soon- with a date on q4 release which is definitely having an investor call as I mentioned before.
now that the debt is pretty much out of the way - they have their complete focus on running the buisness and driving revenue growth.