RE:To those who say Meni hasn't done anything for the companyQuothTheRaven wrote: It couldn't be less true.
Every meaningful accomplishment has come under Meni's reign:
- CannMart online marketplace
- New and improved CannMart web site
- New and improved corporate web site
- Integrating N's vape/accessory web sites into CannMart
- Integrating Findify AI tech with CannMart for when it really starts to grow (AI becomes useful once you have tens of thousands of products)
- Entrance into the USA (CannMart USA with CBD and accessories to start)
- Has a solid gameplan for expanding CannMart to the next level
- All government recreational contracts
- Creating VendorLink to work around government restrictions
- Craft cannabis program actually producing cannabis
- Significantly reduced expenses
- Significantly increased revenues
- Rigidly adhering to the law (never missed a financial report, no scandals, etc.)
- Rebranding to remove the legacy left behind by He Who Shall Not Be Named
- Alternate medicines application filed with Health Canada (for mushrooms, MDMA, etc.)
- Neutraceuticals going live currently
Meni's doing great overall. He doesn't control the share price. I think he would do well with releasing more guidance PRs so the general public sees more of his long-term gameplan, but I get why he's keeping Press Releases to the legal minimum with what happened under the last management. I don't want to see the PRs every couple days, nor do I want to see those dreadfully unprofessional 420 videos again! I will continue to buy and average down, because the reason I invested is stronger than ever (modular drop-in cannabis and accessories marketplace web sites for the world).
Good luck Raven, have enjoyed reading your posts over the years. I have most posters on ignore as they add nothing. I sold 2/3rds at 18 cents and will ride out my final 1/3rd just in case the hail mary pass is caught in the endzone.
Meni was dealt a difficult hand taking over a mess from Dollfinger. The only way i see this working out for shareholders is getting bought out by a big American player, otherwise will be a never ending series of 'Raises" and underperformance.
I dont like the new name...what the heck is Lifeist? ....is targetting a move to Germany, then brilliant as we have english/german in the name...Life..ist (translates to "is").
IMO, Meni served a purpose in transitioing from Dollfinger, but now we need a new ceo.
Meni has not delivered on shareholder value.
Meni does indirectly control the share price, ie. good operational performance normally means positive share price and not a decline from $1.28 to 13 cents.
Good luck to all longs and hope the receiver makes the catch!!! Bring in Doug Flutie!!!