RE:RE:Dang, here I was getting optimistic the last few weeksYou were saying this vape business was going to make them a multi billion dollar company, sold!
You said the same about Mikra....GNC dropped it!
You pumped Chokolat...big loss
Ignite....they pumped it while knowing the deal was lost.
Clinical trials promised, but failed to deliver.
US expansion promised, but failed to exewcute.
Psycheadelics license received, they did nothing with it.
The list of failures goes on, yet they don't have a single success in thier history.
Now, CFO quit, auditor quit, staff jumping ship and no cash left so they resort to deals of desperation, which only prolongs survival for a few weeks.
Go crawl back into your booze bottle.
whisky11 wrote: It is dilution for the buyer, stock always goes down, usually temporary. I think LFST don't have to sell it now,losses are paper one.
AV wasn't that good business to be in for the wellness company. They want to be profitable as soon as possible, Australian vipes have decent revenue but low margins.
It all depends how LFST use the money.
I think we're all waiting for MIKRA 's new products on the shelves and that cost cash.
ps. "day" means trading day.