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Monday, 07/10/2017 2:09:12 PM

Monday, July 10, 2017 2:09:12 PM

Post# of 10026
MassRoots Updates Investors on Recent Progress and Upcoming Milestones
This is the type of press release I had hoped to see from the company sooner. It finally looks like the CEO is growing up and trying to execute better. In a nutshell, MSRT states that with the latest acquisition they are now a full-fledged IT and compliance platform for the cannabis industry. Becoming a recurring-revenue software provider is a MUCH preferred business model than being just a mobile app. In the note, MSRT also finally acknowledged their mistakes/poor execution. They are in the process of recruiting a grown-up Chief Operating Officer. Over $1.5M of costs have been taken out of the business. With California using their same METRC system for compliance, they have a huge opportunity to gain market share when the state goes legal on Jan 1st. I am surprised the stock has not reacted. MSRT finally has a coherent business strategy. Thoughts?
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