RE:RE:Insiders Accumulating more Shareslovingstocks23 wrote: Theoretically when you see insider share count increase it's due to an overwhelming positive sentiment about the company's numbers.
The problem is that whatever JM did so far that he thought was positive and deserved an increased interest in the stock and higher market price, ...... well the market didn't care about what he thinks..... Cig machine did nothing, more edibles did nothing, better supply of products still did nothing ......
And the fact that they mentionned as a target of 0.60 cents a share or higher for 10 consecutive days as a forced conversion either says they're extremely confident or plain stupid.
In my opinion as a holder for the last 3 years, I believe that nothing will move the stock price besides either A) a major supply contract with Quebec or another province .... or B) 200%-400% increase in revenues and positive NI
Wouldn't be too hard to show a profitable quarter with THC Biomeds small overhead. They must of worked something out with Ontario or Quebec to have invested another $500, 000. into the company. Hopefully we are going the right direction and can get some more market attention to raise our pathetic share price. GL