OTCPK:SLGWQ - Post by User
Comment by
Seleucuson Aug 27, 2021 9:46am
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Post# 33775223
RE:RE:Slang Announces Record Revenue for Second Quarter 2021
RE:RE:Slang Announces Record Revenue for Second Quarter 2021I agree on estimates if Slang were measured like other MJ operators. They have some great potential value. I think Slang's challenge now is that they're stuck in a circular situation. Their price is low b/c folks are worried about dilution so they don't buy-in but then Slang is going to have to issue more shares now to achieve the already agreed-to purchase price. Thus this may take some dilution and years to get Slang's value recognized. I have to imagine they already have some financing lined up as a part of the HiFi deal.
(I know anyone paying attention would know the GNT/ACG/mgt comp would already know this is what they planned and publicly shared. And, I think the HiFi deal is a great play...worth the dilution.)