RE:RE:Earnings out - on the right track - as we all suspected
Thats just it right there. Horrible.
1- look at the loss everyone
2- look at the decreased sales
3- consider the efficiencies that have been realized over the last year and you'll make more sense of the decreased loss along with decreased sales.
4- ask yourself: had they had more product on hand and were able to make more sales (they implied they missed out due to product on hand) how much more could they have sold? Now revist the loss on this quarter. Wow. I do not believe they wanted to sell as much as possible this quarter.
5- Do we break even if Israel was on track? And next quarter would we see an increase of shipments to Austrailia?
6- Tweed is about to take over a company that will immediately turn a profit for them merely by ramping up production and getting it shipped in Canada.
7- we got screwed - this deal favors tweed 100% - The ER is written in a way to make you think its best to vote yes. The deal is structured for us to have 100% risk and nothing for Tweed. WTF?
8- We look very attractive for a Tweed competitor to swoop in imo. Any big company that can take us over and max the product capacity while ditching some top heavy weight will immediately be in a position to start making a profit with this company. At the very least it would provide CGC a chance to match (up their offer) and pay more.