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Bullboard - Stock Discussion Forum ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health... see more

CSE:PKG - Post Discussion

ParcelPal Logistics Inc > Better NOT:. Further expansion paid via ..
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Post by skydiver069 on Jul 14, 2022 8:38am

Better NOT:. Further expansion paid via ..

I would like to see our CEO refraining from expanding ParcelPal any further until our new acquisitions clearly demonstrate to us shareholders that they have the ability to recover their purchase costs and can begin adding positive cash flow to the company's accounts.

IMO, the company needs to focus on both enhancing and solidifying the business in place, as oppose to purchasing acquisitions via credit, dilutions and notes, just so that it can market itself based on expansion rate.

IMO, failing to regain focus on enhancing the company's Free Cash Flow will cause all of us shareholders to hang on to this investment for another 10years before we recoop our capital, all while Richard and team stay fed in this process.
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