Abattis Bioceuticals Corp. (ATTBF)

[all4weed]

It is all fault of prior management and the shareholders(bag holders) that gave into the hype and bought in again.
When Attbf got listed to QX, the stock surged to 0.75 and that proved the company was a lot more transparent and probably the only one which is in QX of all the mmj companies trading in OTC.

Investors like me got lured into putting more money into company which proved it was more up to date in filings and more transparent.

Guess what, the Nick and Mike withrow had ego issues and eventually they both dumped their shares on us. The company is no where now.

However, they got together and are trying to be cash flow positive. They even settled the lawsuits, they are going step by step and clearing up the mess brought on existing shareholders by ex-management.
Lets say it that this is their only chance, otherwise they will end up selling license just like (ENRT/LXRP) or selling one their IP or part of their company to sustain until they are able to get their revenue cash flow +ve.

I don't think you have much choice but wait it out as the rules around edibles have just started changing in Canada and also in US.
Infact the senate appropriations bill for CBD across US can get approved by Nov/Dec. That will open up lot many more opportunities.

I am not defending the actions of Abattis ex-management which screwed us big time, I am just asking to have more patience.

Even today it has just 81 mil O/S much less compared to the likes of TRTC, ENRT ,SRNA etc.


http://www.drugpolicy.org/news/2015/07/senate-appropriations-committee-allows-marijuana-legalization-move-forward-nations-capi