That would be considered pumping the stock, something that won.t happen here. This has been and will continue to be a great long term stock. Our CEO was kind enough to update shareholders on their CBD project and going forward they will only PR newsworthy events and not what you are hoping for. Those who bought shares for a short term flip may not be excited about this news as us long term shareholders and the new management is not about to play these games to please short term investors, so they can flip their shares.
Everyone has to remember that they are building a business here and it will require some dilution along the way and take some time to grow these brands. I applaud management for not engaging in these unethical approaches that the majority of these other OTC companies employ. They are not hiding anything, nor trying to fool anyone. They are building a business the right way through ethical practices and high integrity. If that does not interest shareholders, they are free to latch on to one of the thousands of other OTC companies who simply exist to steal your money.
With that said, we will continue to see CBD newsworthy updates through the remainder of this year and into next year, such as, newly scheduled meeting dates of their Advisory Board, new product developments and the creation of each new product that they will be going to market with, plus so much more. I think their exist plenty of catalyst for the near term and long term for their CBD project, not to mention any outside articles that may come out in reference to their approach and development of these new CBD supplements.
I also think we are underestimating the value these other brands will eventually bring in for the company. We will have to stay tuned for further developments and funding by the company to monitor their ethical strategies to get this company turned around and become cash flow positive. A single spark could really ignite this stock at anytime, like has in the past and I will also be ready to take advantage of those situations as they occur. There are never no guarantees when investing, but you can increase your success rate by finding those companies who operate in an ethical fashion and have a good management team to execute a sound strategy for future success, which we have here. I wish everyone the best here and now I must put down my laptop and get some rest after my successful lumbar fusion surgery yesterday. Cheers!
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