Guys I want to apologize. It is hard sometimes to admit when you are wrong but I feel like its warranted. I came on here and vouched for Meni and Edward. I did so because I truly thought they were going to focus on the NOW and not the future. I was encouraged that the days of talking about marathons were over and the days of trying to increase the pps had finally arrived. CLEARLY I MADE A MISTAKE.
We can bicker about the Bought deal but I won't. If they needed it they needed it. I give them the benefit of the doubt even if it did crush the only momentum the PPS had in over a year.
But where I refuse to cut any slack is in the RESULTS/ACCOUNTABILITY department. I think Edward and Meni are confusing shareholders wanting COMMUNICATION with shareholders wanting them to DELIVER RESULTS. We don't need to do this circle j#$k stuff anymore. ALL WE HAVE HEARD ABOUT FOR 2 YEARS WAS THE FUTURE. And factually Meni has taken a 1 dollar stock and turned it into 20 cents. So forgive me if I want to see a little return on my investment and not hear about how rosy the distant future will be. I have heard this same stuff before. And yet here we are.
I don't want to be the one to say it but Q1 2021 was the future last year. So what happened?? You need to be able to answer to the music when something goes awry in order to gain credibility. Come out swinging and explain the problem and tell us that it has been fixed. Take it on the chin like a man and grow a pair. Now I knew going into the Town Hall that this would be a difficult topic for them to explain away THEY DIDN'T EVEN HAVE THE DECENCY TO TRY.
I am a straight shooter and will always call a spade a spade. Q1 was an absolute failure. Was it an abysmal quarter when compared to past Q 1's per se? No. It was not. But that SHOULD NOT be the measuring stick at this stage. But as far as growth, given the time, connections and money spent to build the platform and awareness---the numbers were---very bad. The growth was miniscule. That's the truth. You can dress up a piece of poop however you want but at the end of day it's still a piece of poop. That is what they delivered to us. But don't worry you can expect Filet Mignon in the future with our next venture.....Amirite Meni????Amirite Edward??
The fact that Meni didn't even attempt to put lipstick on this pig is very concerning. I am supposed to believe this guy is GOING TO push all of the RIGHT BUTTONS when clearly something went AWRY in Q1 2021. So how I do I trust a guy that can provide ZERO answers to a question that EVERYONE in the ROOM wanted an answer to?
It's not like this company has made good on all it's past endeavors SEE:Pineapple Express, chocolate, Ignite and now maybe vendorlink. Q1 2021 was their chance to start the year on the right foot and show us growth.
Instead we talk about nutraceuticals and U.S expansion etc. ALL SPECULATIVE STUFF. Great, but do they realize who they are talking to when they do this? It is INSULTING.
Why is it so hard for them to MAKE GOOD on something before they start filling our heads with the next greatest thing. They haven't figured out the last greatest thing and now they just continue to move the goal posts back. Here is a crazy idea: HOW ABOUT YOU GUYS PRODUCE FOR ONCE?
I am sorry. I met With Edward and Meni and expected to see results. Analyst coverage. Institutional investors. Accountability to the shareholders and a rising PPS. Instead I got dilution, UNACCOUNTABILITY, and more talk of futuristic landing planes on Mars in 2023 instead of fixing the problem in the present by MAKING GOOD ON PAST PROMISES.
Today's meeting was nothing more than a "get me over curve ball." The next tough question Meni answers will be his first.And come to think of it maybe this is why we don't have analyst coverage. If you and I Can dissect this and say: "wait minute why will this endeavor end better than the last 4?" What do you think an analyst would do? He doesn't have an answer and that is a HUGE PROBLEMO.
Disgraceful. Best of luck to all that can afford to wait this out. I hope the pot of gold will be their at the end of this journey. God knows the longs on here deserve to rewarded.