Friday, December 08, 2017 6:55:05 PM
Unless Howe comes out with a ridiculously convincing argument after the settlement for why JNSH remains completely tight-lipped about its future plans, I'll likely be moving on.
No, uplisting to NASDAQ isn't realistic as of right now.
I can't invest in an OTC company for years on end if they can't at least forecast realistic goals. The settlement/jury decision is the only thing that must happen; literally everything else is purely speculative because there's been no mention of it from JNSH.
I'd like to believe the story; they've definitely done a great job stabilizing the company, streamlining operations, and showing modest growth. That's the hallmark of a steady CEO, but not necessarily one that can take the next step.
Which is fine. I applaud JNSH for it. But that alone doesn't warrant long-term investment; Howe doesn't need public investment to grow organically in the manner that he has, and so there's no incentive to convince shareholders of future ROI.
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