Post by
fatman2442 on Dec 07, 2021 9:34am
value here
Trying to define where they are financially. The revenue's are decent and continuing to grow and the product is well-recieved vs other LP's.
Does anyone know what the cash-burn is? I'm wondering if they can generate 40m in revenue for 2022 will that = profitability?
I see the split comments and bankruptcy - but also see that MAYBE there is a way out given the positives?
I think the last raise was at .47c - so given the news and growth is there a chance they can get the SP back up there w/o a split?
Entourage/WeedMD has always had a SP multiples less than it's comparables. At this price the MC is very low.
Hoping for some intelligent perspectives
Comment by
Yashemski on Dec 07, 2021 3:10pm
If you wouldn't touch these gimmick stocks with a 10 foot pole then why waste your breath and comment daily Nick?
Comment by
Nicksonsnowboar on Dec 07, 2021 3:50pm
Touch them I love them. Money to be made . Gotta remember stocks are things they come and go. If md was to show signs of promise I would buy and sell . So when I am out it is a bull board just sharing info and I watch. Just sayin don't hold on hope ,to many people fall in love with a stock just human nature. If you don't like what I got to say so be it.
Comment by
Nicksonsnowboar on Dec 07, 2021 3:58pm
One more thing. Wry brings up a lot of good points and in the run it may pan out . I respect his opinion. All I am saying is he is to early to the party. No point in drinking by yourself. Seen this during the tech era . They all took off for no reason and fell with many going under big and small . Same thing here they had their run now we are in wait and see mode.