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Re: maria17 post# 973

Wednesday, 10/07/2015 8:20:59 AM

Wednesday, October 07, 2015 8:20:59 AM

Post# of 9444
What's a realistic pps? I think fair value is close to $20. You can apply a 50% discount if you want to because it's Chinese.
If you consider realistic to be, trading in line with the rest of the depressed sector, and not apply a discount because it's OTC (I wouldn't do that) then I think we should be trading close to $2.50. You can use that as your first target if you want it to be.

This market is all about supply and demand. HERB is not on the radar now.

So any kind of news is welcome here. If they swap beans for oranges, so be it. But I see some other benefits as well. Asset validation. Reduction of complexity. This will make it easier to get a listing or spin it off in China. Or they may be able to get some loans. They for sure are not going dark with this company, otherwise why bother?

I still like the hemp stuff and maybe Angel Star will ramp up nicely in the next few years. Buyers could be around the corner, who really knows. But when the stock does move, I think it will move fast.