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on vacation now...
2020 willbe a great year.. potential intact.. spr mgmt delivering according to milestones.
nothing has changed, except for the delay in the JV agreement, crossing ts..
GLTA.. happy holidays and an EXCELLENT 2020 to all of you...
nice.... little by little... patience will be rewarded..
potential is still intact legend..
Sproutly potential still intact.
The reasons why I invested in this company are still the same. There is no change. This is all manipulation.
Due your own DD. If things have changed, then decide if you sell or not and decide if you even want to stay in this board.
It makes sense to shorters,to stay in this board and start trashing the stock generating panic.
I am long here.
2021 should be the year.. and YES.. we were way to early to invest when we did.. but... baby steps
Just imagine this stock, if it can deliver what is says to only to the beverage industry but to farma..
GLTA
Happy monday board.. wanted to share these 2 messages from another board... I trust this guy..
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Part 1
WHAT A LOAD OF BUNK! THEY ARE NOT EVALUATING OPTIONS FOR FINANCING! THIS IS WHY I HAVE NOT POSTED ON THIS SITE FOR SEVERAL MONTHS! HONESTLY! WHO ARE THE CLOWNS SAYING (FOR EXAMPLE) "THEY SEEM TO BE BURNING THROUGH A LOT OF CASH" ? THAT IS 100% FALSE. THEY ARE RUNNING A VERY LEAN OPERATION. IF YOU ALL ACTUALLY KNEW THE FACTS......THEY WOULD BE AT LEAST AT A $1 SHARE VALUATION..... HOW DO I KNOW THIS? BRCAUSE: Our investment club owns over 2,000,000 shares in SPR! AND: WE ASKED FOR- & GOT - AN EXCLUSIVE CONFERENCE CALL INTERVIEW WITH KEITH DOLO ON SEPTEMBER 10 THIS YEAR. IN THAT INTERVIEW, WE WERE ADVISED: 1. THEY HAVE "A ZERO CASH BURN CURRENTLY" 2. THEIR CALIBER FLOWER SALES ALONE CURRENTLY ALLOW THEM TO BE AT BREAK EVEN GET YOUR FACTS RIGHT BEFORE YOU START YAPPING ON STOCKHOUSE I HAVE THE INTERVIEW DIGITALLY RECORDED......ITS A VERY INFORMATIVE & EYE OPENING INTERVIEW.....WITH TONS OF POSITIVE INFORMATION.... YOU GUYS ARE CLUELESS!
Part 2
LOL - " LOOKING AT OPTIONS " - THAT'S A VERY GENERAL & VAGUE STATEMENT - IN OUR INTERVIEW WITH HIM HE MADE IT CLEAR NO CASH WAS NEEDED NOW - OR ANYTIME SOON - HE FURTHER STATED: " IF WE DID DECIDE TO RAISE ANY MORE CASH - IT WOULD ONLY BE FOR THE PURPOSES OF SOMETHING THAT MAKES SENSE, & WOULD BE ACCRETIVE - SUCH AS AN OPPORTUNITY TO SET UP SHOP & EXPAND INTO EUROPE, FOR EXAMPLE. REMEMBER: NO ADVERTISING OR PROMOTIONAL BUDGET IS ALLOWED IN THIS BUSINESS. HEALTH CANADA REGULATIONS DO NOT ALLOW FOR ADVERTISING THESE PRODUCTS. THAT'S AN ADVANTAGE - BECAUSE IF SPROUTLY IS NOT ALLOWED TO PROMOTE OR ADVERTISE - NEITHER IS ANY OTHER COMPANY - AS MR. DOLO SAID: "IT LEVELS THE PLAYING FIELD & ALLOWS US TO COMPETE WITH THE MOLSONS & CONSTELLATION BRANDS COMPANIES WITH MULTI MILLION DOLLAR ADVERTISING BUDGETS. THE FACT THAT HE TOLD US THAT THEIR FLOWER SALES ALONE COVER THIER EXPENSES - PROVES THEY ARE RUNNING A TIGHT & LEAN COMPANY. HE ADVISED THEY COULD HAVE EASILY DONE A 30 OR 40 MILLION $ RAISE LAST YEAR WHEN THEY RAISED THE 20 MILLION PRIVATE PLACEMENT - BUT THEY WEREN'T GOING TO DO THAT - JUST FOR THE SAKE OF BURNING MORE $ NEEDLESSLY EACH QUARTER. THEY JUST RECENTLY PAID SOME DEBT DOWN - THAT DOES NOT HAPPEN IF THEY ARE BURNING THROUGH CASH. SALES LICENCE FOR BEVERAGE SALES? THEY DON'T NEED IT RIGHT NOW. THEY WILL ULTIMATELY GET, & HAVE IT - BUT ARE ABLE TO ROLL OUT PRODUCTS (IN DECEMBER) TO THE GOVERNMENT DISTRIBUTION CENTRES - BY USING CO-PACKERS THAT DO HAVE THEIR EDIBLES SALES LICENCE. PRODUCTS WONT REALISTICALLY HIT SHELVES UNTIL JANUARY DUE TO LOGISTICAL ISSUES WITH SHIPPING FROM THOSE LOCATIONS TO RETAILERS PRODUCTS WILL 1ST BE RELEASED IN THE SAME PROVINCE MOOSEHEAD IS BASED OUT OF FOR OBVIOUS REASONS & THEN ONTARIO & ALBERTA .2 TYPES BEVERAGES ARE BEING RELEASED INITIALLY THE RETAILERS ARE ALL STILL BOTTLENECKS- SMALL SQ. FOOTAGE - NO LOADING DOCKS - NO COOLERS. THAT'S GOING TO TAKE AT LEAST 6 MONTHS TO RESOLVE. POST A LINK? WHY? SO YOU 'EXPERTS' CAN PICK APART THE INTERVIEW & END UP JUST SAYING AT THEVEND OFBIT - THAT ITS FAKE & NEVER HAPPENED? CALL/ E MAIL THE CEO YOURSELF - & GET YOUR OWN BLOODY INTERVIEW. WE GOT IT BECAUSE WE HOLD SIGNIFICANT SHARES IN THE COMPANY- NOT A COUPLE THOUSAND SHARES LIKE MOST OF THE STOCKHOUSE POSTERS I'D LIST THE HIGHLIGHTS OF THE INTERVIEW - BUT I'M NOT GOING TO DO THAT - JUST TO BE A VERBAL PUNCHING BAG. FOR A GROUP OF NEGATIVE NANCY'S!
Part 3
Hi all, Here is the uber conference call number for this archived interview - between myself & Keith Dolo. The interview took place over my cars hands free cell link - & so there are a couple spots on the interview that are harder to hear - so turn up your cell or earpiece volume to maximum. I missed 2 questions that day - price point of introductory beverages - & U.S. market access going forward. Interesting interview....enjoy. I was not going to post - but that's not fair to the positive people that post on this site - So HERE is the archived conference call access number: 604 262 9644 B.Nixon
Read more at https://stockhouse.com/companies/bullboard?symbol=c.spr&postid=30302345#4BqwcZ2gKi1vE7DP.99
I wish I can do that...
Summary of call
(from another board).. i was not able to join in..
Conference Call
Just got off the call.
Product Roll Out
- Early Calendar 2020!
- They are working with a co packer and have not finalized with them
- That means they have not submitted any formulations to HC for approval.
- Should be finalized in next few months
- Likely 4 drinks will hit the market
- Not going to release product nationally, provincial roll out in strategic markets that can provide the feedback they need
How to Raise $$
- Added expenses with THR fully operational and harvesting
- Talking to insiders and managers about options to raise
- Cost Cutting where they can
When will Caliber be out?
- 1 - 3 provinces only
- next month we will find out what provinces they have supply agreements with
- packaging for the products begin next week
Moodehead JV
- Slowed down by all the red tape.
- Regulatory framework of the cannabis industry requires a lot more complexity to the process
- update/finalized in the coming "short period of time"
Go to Market Strategy
- Did not want to divulge much
- Utilizing Moosehead expertise
- Training Budtenders w/ boots on the ground
- It will all become clear when Moosehead JV comes to fruition
- Consistant sales not until mid 2020. Full potential not going to be clear until year 2 or 3
JV's
- talking internationally
- talking with edible partners in Canada.
Keith is stating that this Q is HUGE for them. They need to execute their supply agreements, bring oil to market and start generating signifcant revenue. Expects a VASTLY different company to develip over the next 12 months. They are moving from a launch, raise and build strategy to an execution strategy going forward.
- how are they going to generate cash in the short term now that reserves are getting to dangerous levels. They had some warrants exercised that helped cushion the drain last Q, but you can't rely on that moving forward.
Read more at https://stockhouse.com/companies/bullboard?symbol=c.spr&postid=30291390#KhIMVv2M5JQ0Wcl0.99
im calling in
cant believe the price going down !!! this manipulation is ridiculous !
400K shares SRUTF bought and no comment??
Really..
Stock price hasn't moved !
thanks Johny!
@Cure . Please share with us if that happens
Excellent! Lets see market reaction tomorrow
legendary_profit has been a fair moderator so far.. allow him to explain why, if he indeed deleted your post..
Strange man.. the board facilitator has been good so far... no complaints.. post it again if you can..
Strange, SRUTF up 4.92% with no news and TLRY (-1.43%), CGC (-3.03%), APHA (-7.43%), ACB (-4.34%), HEXO (-6.71%) just to mention a few... either manipulation or ??
Potential still intact...
GLTA
Great to have you here Cure... classing up the place as I said...
In my case, I would have loved to enter the market now, instead of a year ago, but I had no way to know...
Still great investment in the long run. Day to day just not right for peace of mind. Potential intact... though the MJ sector is melting now, I AM NOT SELLING MY POSITIONS here.. I am long.
hang in there.
@Cure.. easy money for you now..
GLTA
Cure... let me ask you...in your experience.. this stock price manipulation.. these shorters swarming like this... have you seen something similar in the past x number of years? Is this behavior anticipating something?
Technology and potential are intact...
Let me know what you think
GLTA
This is much better timing to join man... when you enjoy 100% gains, I will be making 20% gain.
let us know how it goes... you are buying at a great price... I average 0.49 USD.
Great read. Thx cure.
Can you share the link to get the paid subscription please?
We are long here buddy
Excellent.. lets see how the market reacts...
Nosnibor... dont waste your time with up/down.. just select to ignore the user and you will not see his messages..
The money I have invested is play money.
Don't need it now. No issue if I lose it.
So got in last year back in August... super excited.. but it was not until Q2 this year that I realize that we are very early in the game. I though in 2018 we were at perfect timing.. but honestly I think is way to early.
Anyway, the stocks have been bought and are there for the long run.
DD done, Im a believer... think this could explode..but then again, not sure when.. I do know its too early... but good.
This will fund college in 8 years.
GLTA
nice...
so.. talking about betting... when will you be betting and when are you expecting to collect? x5 in 2-3 years, 50% in Q2 2020. ?
GLTA
excellent answer... classing up the place.
Rants started 1 month ago... that is why no one is answering back anymore.
Welcome back cure627..
We are all long here.. believers in the tech... however seems to me we are very very early though in this party for SRUTF to explode.
GLTA
Let’s see what happens to the stock tomorrow
very depressing ... still long though
lets see what the week brings
Board. Read this
Dont answer to updown trader. There is an option to ignore the user. Just click on the user and select ignore user. Waisting time answering back to the guy. Lets focus on our investment and not on him.
Glta
Had to do it... ignoring up/down trader now
and the mask is off... Up/down is a shorter... what a guy..
and the mask is off... Up/down is a shorter... what a guy..
good by UP/Down trader...
Calling the CFO
Board... happy friday.. got this message from another board.. worth sharing...
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... figured I would try and give Craig Loverock(Chief Financial Officer) a call and see if he would answer. To my surprise he did, and we talked for a about 5 minutes. Everything is running smoothly and looking good. He had reasonanable explanatoins for all the standard concerns; APP patents, Moosehead JV, Health Canada licence, their competition, etc.
They are all very excited, and he said we will see news in weeks not months.
When talking about all the "try hards" that are Sproutly's competition, he said that the important thing to look at with ALL of those companies isn't the ONSET, but the OFFSET. Companies are trying to say they have "water-soluable" with quicker onsets, but they have no solution to the OFFSET, which is really the most important factor to Infuse20.
It was a great chat, and I am looking forward to increasing my holdings when the moment arrives.
Cheers, and good luck to all supporters!
Goodbye Up/down...