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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Post by suomynonaon Jul 09, 2021 1:01pm
238 Views
Post# 33521732

Consolidation Enriches The Board Not Investors

Consolidation Enriches The Board Not Investors

Consolidation to raise the price is no better than an artificial (i.e. fake) revaluation, real investors know that, and that's why the price drops.

Consolidation at 4:1 (bringing shares to $1.20) would reveal TRIP has to put in a buffer of $0.20 to stay above a dollar and remain in institutional investor territory...so expect at least 5:1 if they take the shyster route.

Real value is based on fundamentals like revenue, profit, and credible plans for expansion and M&A, and you earn institutional support by reaching a dollar on your own, not by steadily dropping 50% from your highs.

If TRIP has to consolidate it's just bad news, and an admission that they bit off more than they can chew... so just hope they can climb on their own and with the support of regular investing folks.

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