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More Dilution, these guys have Zero business sense, and the fact they cant get Non Toxic funding says a lot, but it is the OTC's anything goes, easier to sell shares than an actual product. BUYER BEWARE!
Well, that news is not really inspiring, and thank you for the thoughtful response.
As to my first question, I see from their website they with make two claims my underscores and quoting their language:
MICHIGAN
"Plans for 25 stores"
FLORIDA
"Licenses include right to open 35 dispensaries"
And..."we are pursuing opportunities in California and Florida to make our proposed retail footprint the most compelling, attracting the majority of cannabis consumers within each state."
So, can anyone here answer if they have any dispensaries open at this time? And if so, where?
There is no "upside" when the company dilutes just about everyday, they have no shame, you can see it on L2 and in the monthly updated OS, diluted 25 mill last month alone
Two Serious Questions:
(1) How many dispensaries does this company own/operate/possess, beyond a right to do so sometime in the future when the US government allows for SAFE/legalization?
(2) What is the best (reasonable) upside story here?
Caveat: I've seen 1 of 24 as reported for CY '21. And I'm thinking there's no way they get to anything meaningful at thirty-something cents as the current PPS.
Source of info, not verified:
https://twitter.com/cashflow_free/status/1470390237335633924/photo/1
MGMT has no problem taking this to .10c and below, BUYER BEWARE! Next OS update will tell the story!
Ugly Falling knife here, next stop .2876
Couldnt get any friendly financing with lock up periods, instead SHlT All over shareholders, Classic OTC , bets that's not all their doing, stuffing their pockets, smart MGMT doesnt bury the SP
They are acquiring assets with stock. Eventually they will do a reverse. As long as they acquire productive companies I don’t care. I’ve seen this movie before
Faucet back on, started yesterday, these guys are Brutal to shareholders
High Tide did well with its reverse split. Food for thought
If that's the case, fundamentally this Co is garbage, which we kinda knew
This company is a reverse stock split in the near future
Seeking Alpha yeah no thanks, they can review, pump or dump all they want, the real enemy here is MGMT, Diluting like no other, from $1.64-.33c, ugly, it does pop when they turn the garden hose off full blast, could see them diluting to a 400mil OS JMO
Maybe you should read the latest “review” on RWB right there in good old Seeking Alpha.
I love cheap sleepers.
Merry Christmas
Watching your money go Pooooof! Too funny, they have the faucet on full blast it's in the Filings!
About 25 mill diluted in 1month, Brutal
Company lining their pockets
Buyer Beware
1.1mill volume down 12%, massive dilution, MGMT is ruthless, diluting on SHlTTY revs
Classic dilution, who said this was a $3-$5 stock, that's the funniest SHlT I heard all year!
Shareholders got bent over hard here by a Fast talking Meth Head CEO, Oooofffff.
What color are jail suits in Canada red and white?
Headed straight there, might buy @.3875
Gotta love the Dilution, watch L2, too funny, this POS is done.
Enjoy the Toxic Death Spiral? Haven't seen one in awhile, this one's pretty bad. Jmo
I'm checking in. Ready to rock this.
At least not biting my pillow like you huh?
Interesting observation. Must be cold in Mommy’s basement today, eh?
Another Red one, unreal anyone invest in a Company that constantly SHlTs on shareholders.
Cant hold a gain even if it tried, Company lining their pockets? Lol classic dump happening just have to watch L2.
Classic dilution, someone dumping wants their money, this wont see .75c for a very long time, let alone $1, company run by fast talking Hacks
Pretty thin to .42c
They shorting the SHlT out of this, see you @ .45 then .40, delist cometh!
Here we go, down .05c, bid .51c lol, 40's on the way! That was quick lol, Flippers paradise not an investment
Cant hold a gain, like a true POS., Walked with 21.3% on this Turd, will buy again @.4Xxx range
I think Cannabis Banking Reform is just a matter of time. Generally speaking, if you look at the States around the country, ALL of the marijuana reforms/legislation has been going in one direction over at least the last couple of years.
RWBYF is simply setting itself up for what inevitably is coming down the pike. It is not a question of IF, but of WHEN, and reform is gaining a lot of traction in the Senate.
Once we get ourselves past the BS regarding infrastructure bills and COVID related issues, Federal legalization will be a hot topic, and RWBYF will be leading the pack to take advantage of it.
Personally, I have very literally "put my money" on RWBYF being a hot stock comes late summer/early fall of 2022.
Next up $KULR give it a look! Jmo
I bought the 16- 18.12 RSI, never pay retail for a shorted POS like this, avg .4989, called it all the way down! Cheers
Up 22% today. Have a nice stew this weekend
Delist coming next, and just let it rot in the OTC Pinks, watch!
40's coming Soon 60's and 50's were a head fake, unfortunately people bought thinking it was a deal
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