Post by
Meticulous on Aug 30, 2021 11:16am
Great move by todd creso will be busy in a year.
Creso was paying a big premium but their company is not focused and will be bust in a year. Trip has 30 million bucks. They have a great path. Nobody makes money in cbd. So many companies have blown hundreds of millions going into the cbd market. Truffles and psychedelics will grow. This stock finally doesn't have a cap and isn't trading based on creso's declining shares price. Great job todd
Comment by
Viguys on Sep 01, 2021 5:15pm
I'm actually happy that this deal didn't come together. Wasn't super excited about the massive share dilution and possible 3 or 4 for 1 roll back of my share count. Sure Creso was starting to get traction and bring in revenues but I wasn't a fan of their constant need for further cash. I think Todd made the right decision on this one. JMHO
Comment by
SamRothstein on Sep 01, 2021 5:40pm
I've got mixed feelings. Overall I thought it was good move but yeah some downsides. I'm really happy they are keeping Daniel.