Post by
lovingstocks23 on Sep 12, 2020 1:59pm
Current situation
So if I understand correctly, sticks got the green light but provinces are slow af to order or finalize all the paperwork. We started Q4 with our single largest purchase order of 550k. We got kiss being shipped in 3 provinces. A very good balance sheet (compared to Aurora 1B write-off). There's still 6.8M shares that they still need to purchase in their normal course issuer bid.
I think we should start to see the market's interest in the company if the company can demonstrate solid expense management and positive EBITDA. In two months we should get an update over the new 2.0 products and add to that potential US legalization.
We should prepare to load up some more shares because we're in the last days of the stock trading sub 20 cents.
Yes we are a small LP, but if they can demonstrate you can produce solid margins with a small facility when others are failing, they could raise more equity and replicate with second growing facility.
What do you guys ? Where do you see THC going till the end of 2020 ?
Comment by
Greenbuds on Sep 12, 2020 2:04pm
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Comment by
ART535455 on Sep 12, 2020 3:32pm
WE SHOULD SEE $.50 AFTER E7RST QUATER REPORT AND $1.00 AFTER SECOND QUATER REPORT . $ 3.00 IN 2022
Comment by
Greenbuds on Sep 12, 2020 6:47pm
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Comment by
Walterthedog on Sep 12, 2020 8:22pm
Id say around 15 but that is not the limiting factor in this equation. Demand, or size and frequency of orders, and speed of production will be what determines how much KISS pulls in and so far I'd guess not a whole lot but hopefully Ontario will get a thirst for KISS soon as well
Comment by
Greenbuds on Sep 12, 2020 8:29pm
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Comment by
Greenbuds on Sep 13, 2020 12:45pm
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