GREY:MYMMF - Post by User
Comment by
RockMaschineon Apr 15, 2021 2:11pm
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Post# 33004209
RE:RE:RE:IMCC share crash absolutely changes the 19 to 15 cents
RE:RE:RE:IMCC share crash absolutely changes the 19 to 15 cents
Once again Moose with his standard boiler plate robofin warning. I challenge you to go a month without making a post that starts " With company x shares trading y amount down management is this shareholders that. Biome receives no money or cashflow from MYM operations. If you understood the deal you would find the hidden opportunity to make big money. Highland Grow is making money but the ability to significantly expand either the footprint of Laval/Sublime to the total 30k sq ft capacity is limited by the fact MYM likely has less than $1 million in cash and the profit Highland generates is insufficient to keep going and stay competitive without more dilution or loans from insiders at 15% plus dirt cheap warrants. If you are going to make an argument about valuation metrics at least take the time to look at other recent mergers and acquisitions. Zena and Fire as the most recent who were also purchased at fraction of what they were valued two to three years ago. New time and new metrics. Those with cash and clout (IMCC with 8-9 million on hand and 350+ million mc even with recent dip) have the upper hand in securing excellent deals that are accretive to their business while not paying too high a premium. Tell me, how much White Lightning or Gaelic Fire have you bought it the past year? $45+ an eight is no small change given the competition in the market. For what I use I buy a half oz of TWD generic and one pack to support the team. Black/grey market is still very entrenched and reaching the next level of brand awareness and sales can only come from a strong partner.