RE:RE:RE:RE:RE:RE:I bet you there is another cash raise in the worksI am not optamistic about next Q release...BUT i am thinking mmcap would not agree to accept worthless shares...so i bought more debs yesterday at 27.50 and will be selling my shares 4-6 months from now when mmcap pumps up the stock on an eventual turnaround in the company. 2-3 Q's from now look for a pump and dump....i will be one of the dumpers.....thats the strategy for now unless i am convinced to only sell a portion. Transporter a huge number of shares will be hitting the market over the next few weeks...it doesnt take a rocket scientist to put the pieces together..... quote=johnale]
Transporter - look at the 3 mth chart - long steady decline into restructuring the debt.
method is right - the financing happened and it was the 100mil cash owed to the debt holders - which was raised through share issuance (at a premium (54.5cents on 63.5mil)
as for your assertion on revenues - that's what I'm betting on.
im betting their quality products at the right market prices will do very well and they could easily have a 20-25 mil run rate with a full spectrum of products. (Vapes/hash/rosin/flower ect)
cash flow positive - and just like you said - the stock will react very favorably.
I don't know what q4 earnings will be - but the share price action may be more about shorts licking their chops into the share release.
I still am pretty optimistic on q4 based on a lot of factors - so we'll see.
We have to wait for this deal to close sept 1 - then we'll see an announcement hopefully.
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