The sector is beginning to move again. Look at what CAN* and CA*V did last week, along with a few others. Plus the marijuana index is starting to climb as well.
I wouldn't be too worried if I were you, as EDXC is one of the top plays in the sector. And as traders take profits in some of the plays making runs currently (low float plays), it stands to reason that they will start brining their profits into a cheaper low float play with next to zero dilution in the last year, like EDXC.
If you look at the chart history as well, this one does very well when the macro MJ sector conditions improve. Just look at last years 1Q run.
The biggest reason I'm confident here, is that management has already hinted that the next quarterly report will show increased revenues from the consulting side of business. The consulting side of EDXC is going to be huge as the industry expands, and as aspiring entrepreneurs need help understanding complicated laws.
I really think management made a brilliant move by entering into the consulting business, as they can make money in it, while expanding the automated side of the business, which will keep the revenues coming and growing over time, and put less pressure on management going forward.
Once I can liquidity some of my money, I will be looking to load more here, if I get another opportunity in the high 4's or low 5's. I don't know if I will get the chance though, as I think we will start making a nice little move up towards .059 again this week.
GLTY! Go EDXC! It's just a matter of time here IMO.
