Just think where this share price would be if management knew how to promote their company. I mean what they are doing is great, but if nobody knows about it the stock will continue to languish in this area. I have made a strong case on how they could improve their exposure and attract new investors.
The market has made it very clear that they don't care for this approach of keeping us in the dark until something is finalized. If they could just share some of what they got planned for the upcoming year it would really help. Don't get me wrong, I am glad they don't participate in any paid promotions, but there are other ways to get their message out that is highly effective.
Unfortunately management does not understand how to effectively promote their company in the OTC market. It would be in their best interest to hire someone who understands this market and knows what it takes to excite investors/traders, without the need to do a paid promotion. Plus the company has to come out from under its shell and start sharing much more information before its too late. Remaining silent about their CBD initiative until everything is finally in place to launch is causing the stock to teter at the one cent level. If they can't understand how dangerous this is, they will get destroyed before they even have a chance to launch.
Trust me, there is a lot they could release about their CBD initiative right now that would really get investors excited and send the share price back up where it belongs. That is why I am so frustrated. They just don't get it, despite the market screaming in their face that need to be more transparent about their business.
MANAGEMENT NEEDS TO GIVE INVESTORS A REASON TO BUY THEIR STOCK! When they announced their entry into CBD, it attracted buyers and gave them a reason to want to buy their stock and sent the stock soaring. Now they want to remain tight lipped about it and it has caused shareholders to sell and tank the stock. The longer they hold off, the lower we will go. Problem is they think it is going to hold in this area, so they put out news about their other brands that hasn't created any interest and it won't until they can show big sales. Investors want to know about what is going on with CBD and yet they will not tell us what is going on and where they are in the launch process. Keeping quiet about their CBD initiative causes investors/traders to get nervous, thinking something must have went wrong, so they sell and walk away. They sure don't have a reason to buy! Yet management has failed to believe this and keeps putting out news about their other brands that has only hurt the share price.
IF THE MARKET WANTS TO KNOW WHAT IS GOING ON WITH THE CBD INITIATIVE, WHY NOT GIVE THEM A STATUS UPDATE? Transparency is totally lacking here, as is complancey! They don't have any idea what the market wants and they ignore what investors are telling them. Being this close minded is not only dangerous, it is also very stupid. Unwillingness to listen is their biggest caveat. That kind of ignorance turns investors off in a hurry. In my phone call with them, they talked for about an hour and when I finally demanded that they give me the opportunity to speak, they interrupted me on every sentence before I could finish. They didn't want to hear what I had to say, they just wanted me to listen to what they had to say.
I will give them only one more chance and if they are not willing to listen and have a two way conversation, I will take the necessary recourse to force a change.
Cheers!
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