Post by
geodcan on Oct 13, 2019 4:18pm
The only part that
holds value right now is Calyx imho. Last chance to fan that ember to life because everything else they have claimed to have done has contributed to cash burn. The NH brand is pretty much a comedy of errors and they dashed it with layered in companies that are drawing on management time and shareholder's money.
This is headed towards the rocks and I'm not sure the captains can prevent it.
Jmho but I think they need to dump the shytshow known as Nutritional High and push the Calyx effort for all its worth in California. No need to go anywhere else if we don't have a high potential game plan.
No accolades from any suitors that I have heard and the latest negativety about our oil in Oregon??? is another end run or dropped ball by these guys after the Colorado fock-up with regards to citizenship and licensing.
There is a serious reckoning going on and nobody in the greenrush is immune from the accounting principles that are being applied to all of them. Better managed companies could get wiped out and added to the long list of wannabees that have failed.
I used to think that phase 2 Canada could give a nice lift to our shareprice but for a company that loves to make up stories of connections and deals, I haven't seen anything recently for our Canadian effort that will relegate it to the failure list.
EAT is in a race with itself and its cash burn and the ability to raise money is dwindling imo. glta, we'll need it!
Comment by
reeferbull2 on Oct 13, 2019 7:45pm
Liquid, geoc*nt is at the top of that troll list a regurgitation troll RB2
Comment by
Tundra14 on Oct 14, 2019 9:55am
LOL, hey Pot, meet Kettle!
Comment by
DustinF on Oct 13, 2019 11:06pm
If they need funding, my feelings wouldn't be hurt if they sold assets in oregon considering the latest debauckle
Comment by
DustinF on Oct 14, 2019 2:01pm
Remember we haven't closed on GT yet. And that's a $9m deal if i'm not mistaken. They'll likely need some funding for the purchase/expansion of GT and/or potentially expanding calyx into nevada. Not sure how far those funds would go but it's appealing vs further dilution imo.