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OnlyGoLong

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OnlyGoLong

Re: cj 13 post# 17170

Tuesday, 03/15/2016 1:48:37 PM

Tuesday, March 15, 2016 1:48:37 PM

Post# of 29174
The license was a forgone conclusion & already priced in for the most part.

On the other hand, Now that they have a license its no longer a speculative play and going forward they will be judged by standards such as revenues, growth, market share, burn rate, etc.

That being said I don't know how much cash they have on hand, but running this operation is not cheap and if comparing to all other LP's, it will likely be 9-12 months before they can sniff profitability - meaning there could be potential dilution along the way to pay their people & expenses.

At least that's why I didn't jump in. All IMO
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