Post by
JohnnyLaw on Mar 17, 2020 12:10am
I spoke with management to get a real update
Since some clarity has been lacking from the recent NR in terms of what is actually happening at Riverside, I took it upon myself to email the company and president twice. I stated my discontentment with the lack of information in recent update. I readily received a response from senior management to feel free to call and discuss my concerns.
On March 16, I was told that despite the current pandemic situation, work on site was ongoing since they are somewhat isolated on the side of a mountain. I was told that clones are currently being moved into the greenhouses and production is moving ahead as planned. This company is very uniquely positioned to capitalize on several international markets and generate sustainable cashflow to continue operations and expand. I stated the need for a press release regarding the progress and projected schedule. They agreed and hope to issue something soon to update shareholders on the progress that has been made. I hope this happens.
In my opinion, the current global disturbance in certain supply chains might just actually give them the time they need to grow a good crop. Furthermore, from my discussion, I have gained a good level of confidence that things are actually happening this time.
Comment by
Grizzlyadams1 on Mar 17, 2020 1:12pm
What does that mean you spoke to management ? that means nothing this management team has been bullshi$ing investors for 5 years . This company was set up for failure from day one . If you have confidence Mgw I feel sorry for you
Comment by
Grizzlyadams1 on Mar 17, 2020 1:51pm
Take a hike Johnnylaw the long term bag holder your not going to change anything the fact is management will never be trusted again zero interest in the company zero volume Looks to me your the one that need to take a course investing 101 moron .I have gained a good level of confidence that things are actually happening this time. Lol hahahahaha holy fuc$