Emblem Corp EMMBF

Earning report and outlook

[alter000]

Meh earning and hugh disappointment about our outlook. "Production capacity is expected to further increase to 2,000 kgs per annum in the third quarter of 2018 once the fourth Phase 2 Grow Room¹ is operational."  So you are telling me it will take you a year to increase 1000kg capacity? WTF?

and 

• Approved the construction of a greenhouse facility on the newly acquired lands in Paris, Ontario. Expected to provide up to an additional 15,000 kilograms of annual production capacity with construction commencing in Q2 2018.

Why can't they start now? why wait until Q2? 

I will be exiting my postion tomorrow.

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy

[alter000]

I thought Emblem's goal is to become a premium recreational brand and also a strong pharma company. If they start building the exapnsion in Q2 2018. The expansion wont make a sale until 2019 Q2. They wont be able to get any recreational sale in July 2018 with only 2000kg capacity.

[tarnoir]

It's obvious and has been for a quarter or two that management really doesn't know what they are doing or what they want to become. They keep 'flip flopping' all over the place. 2,000 kg of capacity going into July - these guys will get crushed! Heck, piss-ant Harvest One has 1000kgs current capacity. In this competitive space, it's all about execution and betting on the '

[alter000]

I hope John Stewart will just leave Emblem and work for other LP, such a waste of talent. 

[stockmas44]

For what, EMC remains the best position in the industry at this time... Atleast IMO, i wouldnt enter any position in any other LP as all the gains were recently made. The Q3 report is actually very positive, you just wanted to make a quick buck and out. Longs gonna win

[alter000]

Give me a reason why I should stay in Emblem with their 2000kg capacity in Q2 2018. When I can just buy $IMH for their 6000kg Q1 2018 capacity with lower market cap and cheaper cost per gram. or $WMD $MARI

[stockmas44]

The whole markets been taking a dump on EMC's share price since june, I'm pretty confident these financials will reverse the trend tomorrow.

[Tabarnack]

Just curious when is tomorrow....better CEO who know what there doing...I'm out

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy