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That was great thanks.
Yes cabinets went in a few weeks ago. Should open very soon.
VFF wants control and Emerald is making it easy. They are obligated to buy it, nothing wrong with it because it was sold. The problem is they agreed on a price instead of spot price whatever that may be at the time. There is a bunch of weed being grown now driving the price down due to slow roll out with Government If it gets down to 1.00 Emerald will be responsible for the difference and that will get expensive. If Emerald was getting half the profit they would be fine but D2 is a year out from being done and Emerald has to pay 5 million more I think or around there to complete it and they are burning 5 mill a quarter or so on there own business. They need a lot of cash and its hard to get right now. It will probably cost us 100 million shares if they find the investor. If they don't find money they will loose PSF for pennies. If anyone knows more than on this please share. IR will not return my call probably because he lied to me BIG TIME. GLTA
I bet they settle for a grand or so. Joke
I hope this continues, our half of PSF is worth 2.00 a share if they can hold on. Lets hope they got funding, something is up. GL
Why didn't they buy what they were obligated to buy last quarter. Spot price is down to 2.00 a gram Emerald has to pay about 4.00. Didn't you read the last quarterly they cant pay there bills they have no cash, but todays action tells me they found funding to stay open. If they keep defaulting with PSF they will be bought out by VFF for pennies on the dollar. I wish the financials said something else because I am down 30,000 on the shares I hold now.
Like I said PSF is profitable Emerald does not see that cash it stays with PSF. Read the financials Brotha. Emerald owes PSF money they cant pay. They have no cash to pay bills that's why its at .26. If they had cash it would be 3.00 GL
I wish you were right, Emerald looses a lot of cash every month. Pure sun farms is profitable but Emeralds half stays with PSF for expansion and Emerald cant pay there bills. They need 40 million minimum to stay open until they are cash flow positive. They also are obligated to buy about 20 million a quarter worth of product from PSF but if they do they will loose 7 million a quarter due to the price they agreed to pay and the price they can sell it for.
Did Emerald find a investor to keep the doors open for another quarter or two. Something's up.
I have been in an out of that one and been watching closely. I like several U,S. companies, its all about who has the cash to keep growing and who is profitable. I will get some in my long acct this month. GL
How can any successful business man screw this up so bad. All the money they had to work with and they have nothing. SCUMBAGS. I am sure company's that have proven themselves have been talking to the building owner who will get it. ITHUF, TCNNF,CURLF, ?????
Bounce so I can dump the rest. POS.
Anything good
They have to complete the 120,000 grow and plant and grow before opening retail.
Thanks Snapback, Looks good.
Anyone see weekly weed sales numbers for Fla from last week
I am sure they would have said if they did. Emerald at this point cant hold on to PSF. They need 80 million next year for the 25% they are obligated to buy and probably 10 million this quarter. Also the burn rate they have. Even if they sold 300 million shares they couldn't get thru next year. What's the options, none are good.GL
I was glad someone stepped up, Can the company edit this on the recording do you know.
Yes and glad someone had the balls to let them know how many of us feel.
Conference call 10:30 eastern time. 866-652-5200 GLTA
HOLDHIGH did a drive by about 3 weeks ago. 3 buildings under construction 1 is further along and I think they plan 5 buildings total to make up the 750k. They are pushing way harder than any other MSO down here. I would guess 1 BLD being planted in Q 1 just a guess on that.
Go on there web sight its there.
Crazy pumping going on here This stock is a scam. All you guys thinking you will get rich you will loose all your money You were warned.GLTY
Do you think Phil is a person. Henry is Phil and he has been lying to investors for years
IR will not respond to me anyone here have any luck getting thru.
Lets do it long here!!!!!
Other than Green lotus what can it be. going long:)
Makes sense, All my research brings me back here. I am stuck in some other MJ but this is the only on I would buy and not look back at. GL with all your investments and Happy Thanksgiving to you and all of you TCNNF investors.
Great buying opportunity. I would think any inventory that needs to be stored will be turned into oil or constraint. Growers are probably nocking the door down.
You cant throw a seed in the yard and expect anything. Half of the black market is indoor now and takes skill and money. Most people wont invest 1,500.00 to 4,000.00 or more into a indoor grow when most locations are illegal. You should cover and go long...
What town
It amazes me some of these companies had hundreds of millions of dollars to create a profitable company and so many failed. Then the losers act like no big deal on the call.
Great interview he laid out the plan get the shelf space then when the walls come down they can introduce other products. Still long here and will average down.
I just have to correct the statement that liberty is the biggest grower. Trulieve has 1.6 million ft of grow now and currently building 750,000 more of indoor grow. Liberty has 300,000 sq ft. Still a great size grow but they will need 700,000 more soon when REC comes.
It drops to 25% next year instead of 40%
They should go to jail for allowing this to happen. This is shareholder money they are letting slip thru there fingers. That is our biggest asset and I bet they will keep loosing more percentage of ownership of PSF because they are crooks. No money left they sunk it all in Dillon's buildings, what's next eviction for not paying rent I wouldn't doubt it. GLTA
Has anyone been able to talk to IR. I have left messages with no response. They used to call me back within a few hours.
Thanks and good luck in all your investments.
Yes this is going to be fun, adding to my 18 month old grandsons acct also. He will love poppop when he is 20. lol.
Player if I have 50klong term win and a 50k short term loss that's a. 0. taxable TIA. In the US.