RE:RE:Where's the News??????I will go with d) every shareholder should be pissed.
From the press release:
"City View's Board and Management have completed an assessment of the Company's current operations and have determined to relocate major operations to save costs. This decision will significantly reduce monthly expenses on a go forward basis."
Yes, paying no rent will reduce costs, but it certainly doesn't help make any money or product either. LOL. Who are you fooling with this?
"As the Company transitions, its current operations will be put on hold as it sets up at a new location. The Company expects to restart operations during the early part of 2023."
Yeah, (sarcasm) we believe you, as you have been so good with timelines. LOL. This thing isn't making anything until late 2023 at best.
"City View was able to avoid the significant pitfalls experienced by other cannabis companies by staying clear of the commoditized flower and extraction business. The Company's focus in 2023 will be on branded consumables such as chocolate, gummy and baked goods."
Whatever. You are homeless, have no product or ablity to make any such product. Dream on. No shareholder believes you anymore.
"In addition, the Company would like to report that it is reviewing several merger and acquisition opportunities including international opportunities focused on the European market which opens up to edibles in 2024"
The track record of doing this with Blue Haven Cafe is enough for us to see through the lies this company tries to spin.
Money in this company is dead money.