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Why would they dilute? Can you answer that? Snakes is a self-sustaining, money making model- it’s proven.
I wish they would dilute and expand!
THEY HAVEN’T EXPANDED! Jrf stepped us for us. Nothing else concrete. No ground broken. Lets be objective.
No dilution is good because we know this isn’t some share selling scam. But no need for dilution with no expansion.
Haha. Tortoise and the hare was a Disney fantasy. Hope this becomes a real success story and not a fantasy we’ve bought into. Funny you use that metaphor. Scarily accurate at this point.
They haven’t broken ground at either location. Accounting team expanding AFTER the audit is done. Where would the need for dilution come in?
Plans to expand. Plans for #worlddomination. Gro3 JV in Colombia. Walmart PO. Ben visiting 17 locations. Come on....
They also aren’t diluting because they aren’t expanding! Of course Snakes is a successful model, the reviews and patronage shows that. THAT IS NOT THE POINT. We’re here for growth, some dilution at higher pps would be great if the company was expanding. Who cares if they run 4 cafes and don’t dilute
The point is time is money and opportunity. Ben went to visit 17 potential locations? Ambrose in Colombia? Walmart PO?
And us investors are here watching the company stuck in neutral with no significant advances. You don’t address any of the concerns and just say “great it goes low! Buy more!” I’m stuck holding a bag here, but I caution that thinking. Roger must be more savvy as a CEO or all the potential in the world will not materialize. I always thought it was WHEN, not IF with the potential here. I’d say it’s 70% when and 30% if now- thanks to Roger and Ambrose’s incompetence
Haha. Yeah. Did you see those figurines and game boards? If that takes 6+ months to design and produce, ummm.....
US cannabis companies are currently trading at a forward 2019 revenue multiple of approximately 6.0x; TILT is currently trading at 1.8x multiple of Canaccord estimated 2019 TILT revenue.
-from Tilt investor presentation in March.
How do you sell something without a buyer?
How long did the last audit take? Now Morning, NSI, distribution and much more revenues to audit.
Why did people have an expectation this audit would occur quickly?
This audit will come in June is my guess (good as anyone’s guess). Pps will be between .05-.06, the same bottom we saw last time we waited.
My issue is Roger has no plan B. He didn’t learn a thing from the last audit debacle- again he tweeted “coming weeks” and it’s clear he has no idea when the audit will be completed. Did the same damn thing last time.
He refuses to announce anything and the company stays in neutral while we wait for auditors? Let the auditors do their thing and be a CEO. He thinks we’re ignorant sending out that crap PR about a PO without exact numbers that should’ve been done months ago and DELIVERED ON. Walmart has been waiting on KTU and Red Panda since summer. They want the game on their freaking shelves Roger! Coy posted some picture of a tiny plastic pink unicorn saying they are beginning production finally. Come on, making Walmart wait 6+ months for an inch long plastic pink unicorn to be produced, no wonder Morning was going bankrupt.
I saw annual due out April 30th and the Q1 “mid-May.” Could be looking at an easy double from these prices if the revenues are close to what they’ve hinted at.
Not sure why this is taking such a beating in relation to other MJs
So if it’s at .05-.06 and we get 80% growth- we’re only at 10 cents. That’s the issue
Thanks for the input. Going to make a substantial buy here, but trying to time it. I’m definitely buying before earnings in May (not sure what day in May). What were the unlocking shares price?
What the heck? Yeah, I’m waiting. Are shares coming unlocked or what is going on?
The May earnings should be huge so I want to buy in before that
What’s the share structure here?
What’s up Johnny. Think somethings coming here. Not the way any of us expected, but patience will pay.
Great game! Didn’t really have a rooting interest but was pulling for Virginia to complete the redemption tour from last year.
Roger is going to be like Virginia one day. We see him now as a bumbling fool, but when there are 20 Snakes open we’ll have the title.
Yeah. They posted on Facebook today about the stop sign. Also, they responded to an email I sent today as well. Story isn’t over yet!
What’s the share structure?
They had posted a few industry related news items on their Facebook page too recently. Someone is there, but what the heck
See this stop sign now? What the hell is going on?
Welp, that’s the nail in the coffin. Learned quite the lesson here
About a year late? Haha. Sounds like AMFE alright! Smh
Haha. Smh.
Got that going for me until Cano gets hurt
Yes, some normal, non-defensive and accusatory banter. I hope you are right and certainly could be.
What would Vegas put the over/under at on audit release date and pps when audit is released? I say date would be May 1 and pps .07
Of course it’s apples and oranges. I’m on no timeline. I’m down more here than there because the DD here is real and I’ve put a lot more $ here.
All I said on this board today is that the pps will go to .05-.06 as we wait for the audit. Got everyone’s panties in a bunch, but it’s the truth. Just like I said last week the news of this week would be non-substantial. It was fluff news with no details
I’m no big investor but I got over a million shares and care. No big money is supporting this stock and no one is scrambling to buy a stop signed stock with a CEO that doesn’t know how to effectively communicate to the public.
I was right last time, we’ll see .05-.06 in “the coming weeks.”
That support will be sapped dry of audit isn’t released in “coming weeks.” It’s support until it’s not. Longs (like me) have been pouring their money here long enough, well is running dry and Roger isn’t doing anything to get new eyes here
Wanna bet? I said that last time and was right. Your opinion counts, but I’m the only reasonable poster on this board.
This will bottom out at between .05-.06 in the “coming weeks” unless audit is released.
We all know that PR without details was a weak attempt to keep pps up.
I’ll buy more at .06s
More than that, each game is some revenue plus a shot at that elusive blockbuster. Kill the unicorns has a shot when it is shipped and hits Walmart shelves
Plus per tweets, Ambrose has been traveling around (in the country and internationally) - that’s not free. Hope Gro3 catches on, but it’s been a drag on the company thus far
Glad to see that almost 4 years later they have sold a Gro3 unit
You know, must not be too pleasing to investors or he would’ve laid it all out there today.
He would’ve said the amount of the PO and for the number of units. Why would Kalvara split it in 2 POs too? I think I know why.
You and I both damn well know it’s not for 8 units.
I guess the first PO was for 1-2 units and the second PO is most likely pending the efficacy of those.
Roger would’ve certainly put the number and amount of the PO in the PR if it would’ve pleased investors- he did that with the still unfulfilled Walmart PO.
The positive is Kalvara is willing to be a Gro3 guinea pig. Maybe Gro3 works wonders and this is the start of something. That’s the only upside of this underwhelming “news”
I just said that.
I asked what this was today. Why no numbers? I’m assuming it’s for 2 units. Why would it be 2 purchase orders for 8 units?
Of course it is. What the hell are you talking about?
I thought they were around $100k/unit.
I’m a little confused about the PR. It says “2 purchase orders” from Kalvara. Does that mean they bought 2 units? Prior PR said they had an LOI for 8 units?
This was very underwhelming news. Again, hope you’re right that Roger PRed this today while trying to stem the tide cause he knows investors are losing patience with this audit b.s. Hope he has some real news coming
Fell flat because it was lame. What was the PO for? 2 units? 1 unit?
We knew about this for 6 months, supposedly for 8 units. So after 6 months we get a LOI turned into a PO. When will the units be delivered?
There is also a PO out there for Walmart. Wonder if Roger will ever deliver those games. Smh.