Agreed.
Glad you are voicing some constructive criticism. It doesn't come from a bad place, so you should make your voice heard. That was what I meant a log tie ago when I said you were one of the most important investors for mcig to listen to. You've supported them for what should be considered decades in otc time. You know, like one year equals seven dog years. This isn't a friendly exchange to hold a stock as long as you have held mcig. I know you have legitimate criticism that you don't voice. I'm not telling you to unleash, only that it is a welcome voice to me when you speak up in a way that adds pressure.
IMO...What this board needs is a series of recent announced catalysts that create excitement and interest. But, things seem boring here.
It doesn't help that mcig doesn't have a better track record of execution....like getting the 10k out by extension deadline. I could go on, but I'll leave it at that, and you don't have to agree.
The 10k being delayed to the 25th won't really be an issue or a catalyst unless something unexpected comes from it. It's the accompanying PR that is important right here right now...imo. If they are kicking butt, they should have some big updates to share on the 25th that stabilize pps and drive if higher.
For example, based on what they've told us, I said they need to do a minimum of 3m in Q1 without one time net income applied. I believe Les agrees and feels they should come in quite a bit higher. I'm not predictingcting this, but IMO 4m is in the realm of possibility. If they can confirm anything north of 3m, in the 25 PR, I will look at it as a positive. If they can confirm 4m, then I think mcig is in good shape and the trend will continue upward without any fluff.
The technicals are at critical support. Mcig needs to hold here and start to move up, or it will get dragged down. Confirmed revenue of 4m in Q2 is all I'd like. Anything else is an extra bonus.
So there's my two cents. Shorts still need to be careful because news trumps all. Mcig buried in the last pr that they are in negotiations fur a license. If you think about it, they may be the best positioned public company to enter the actual cannabis market through direct contact with the plant. The real question is, will mcig capitalize on this opportunity and promise made.
Have a good Friday everyone.
