InvestorsHub Logo
Followers 148
Posts 9074
Boards Moderated 0
Alias Born 05/17/2005

Re: Grape Ape post# 13936

Thursday, 07/24/2014 3:51:53 PM

Thursday, July 24, 2014 3:51:53 PM

Post# of 54983
We cannot produce (or have chosen not to produce for tax reasons) cigarettes, other than contract manufacturing for others, until we get the MSA. Once we get that, we already have a dist. set up for natl dist of our premium cigarette, Red Sun, and I am sure we will start producing Brand A and B with other national dist falling right behind. Immediate revenues and thus price rise. The MSA has been the kickoff point all along for production and because mgt didn't want to hurt getting the MSA (like that's done any good) I, and a lot of others, have felt that news has been kept close to the vest. If lots of news doesn't start coming forward immediately after MSA approval I will be quite disconcerted. Many also say institutional buying is waiting for the MSA so, as you can see, lots of things hinging on it. All the other talk about Russell, up listing, etc. turned out to be so much noise but a lot of that was again exacerbated by us not being in production. I understand your frustration at this point, but it is what it is, and all are hoping things change dramatically once mgt can start rolling out their business plan upon receipt of the MSA.

I don't understand why we haven't been hitting hard on the international front but I am sure we will be told about that sphere of business soon enough.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XXII News