TSXV:TRL.H - Post by User
Comment by
mercedesmanon Mar 11, 2021 11:06am
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Post# 32772410
RE:2020 results are in!
RE:2020 results are in!I get that the historical results look atrocious !
Execution appears a bit keystone coppish (understatement? convenient?) - but at the end of the day, the shares have largely been consoidated under one major holder who has everything to gain (and also everything to lose) With the past as yardstick, even a dog with a note could show improvements from here.
At the end of the day we have a sub $ 100M co. with the rights to (and FDA approvals on) some innovative products (and importantly the ability to differentiate from the competition) and a US distribution partner that hopefully will soon get its act together.
Lets get on with the 100:1 (or whatever) reverse split and bring the # shares to somewhere between 15 and 50 million shares.
Lets see if they can gain some more meaningful traction in the US and rebuild Korea and Canada...and fix the productioin issues that created the past two year calamity (magnified by the pandemic)
I have accumulated a bit between 3.5 and 5.5 cents. Green is good. It's all in your perspective. I traded in and out of this thing 3 times, each time with a double or more (remember the spikes from .05 to .13)?
There is a long legacy of people seeing red. I get it. Either average down, or get out. Don't let it ruin your life.
Products = good. Execution to date = poor. That's why I see this as a lottery ticket. Don't bet your kids financial future on it. But I'm expecting no less than a triple once things start rolling. Or a complete loss. I think the odds favour the former.
MM