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Healthcare Drug Manufacturers - Specialty & Generic

Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida... see more

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Radiko Holdings Corp > Spoke to Steve

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Post by Mairsy on Sep 19, 2019 6:34pm

Spoke to Steve

Hi all,

i emailed Steve this afternoon wth some questions and he responded with an invite to call him within a few minutes.

He was quite pleasant when when I spoke to him and took the time to answer my questions as best he could. He was very, very careful with his words as he said there are releases forthcoming and he could not divulge any info, which I can respect so I didn’t push him on anything.

He made mention of the market being tough on the entire sector and that we were not alone in our struggles. That’s something we have heard before, so no news there. P

I asked what steps were were being taken to address the expenses to which he replied that a NR would be forthcoming describing company efforts in relation to this topic. Again, no specifics were discussed but he said a communication would cover the sweeping changes. He said the company was still committed to providing a robust return and asked for patience through the process.

He said information would be forthcoming in relation to JUJU Royal and the direction of the brand to address its performance.

He also said information would be coming in regard to the direction of the company that he thought would be viewed favourably by the market. My guess would be a movement toward CBD - but that is strictly my assumption. He gave no indication outside of saying that a communication would be forthcoming.

I asked if there were any challenges with the company having the runway to see these changes through and he said there was not.

He thanked me for my patience and for being a shareholder. Again, he was very kind and I was really impressed with the immediate response and that he took my call. He said if I had any questions with the coming information that he’s happy to take calls over emails, so to set up a time and he’d be happy to speak.

I know this was light on details, so flame me if you want. Although I am a long way from confident in the overall scenario, this went a long way with me. Steve came across as genuine in his response, so as long as the NR he spoke of starts to materialize than I have no reason to doubt him. We don’t have much farther to fall, so I’m letting what’s left ride, lol...

Mairsy

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