Greenlane Renewables Inc T.GRN

Earnings...

[1condor]

I was a trader of this stock a few times back when it was north of a buck...so much has changed since then with the SP now at 6 cents. However (from what I can see) is this latest set of financials do not justify such a low SP. Are you guys about to get a nice bounce?

[Tslayer]

That would swell. $0.94 average SP. 

[longkk]

In my opinion, it seems Greenlane Renewables is in a bit of a holding pattern at the moment. They're facing delays in signing new contracts for their biogas upgrader systems, which has impacted their ability to meet their 2024 financial goals. To manage this, they have made some changes - they've reduced their workforce and administrative costs to conserve cash, and they're focusing

[1condor]

longkk..I was looking at the stock as a trade prospect based on the latest financials. Those earning show a stock that shouldnt be at 6 cents. 

[longkk]

I fully agree with you 1condor and today's move higher confirms that the market agrees with your observation. Looking at a 6 cent stock price, it seems quite low for a company that has $15.4M in cash, no debt, and is simply waiting for new contracts. Greenlane has shown they can manage their money well by cutting costs and maintaining a stable business while they wait. The renewable