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Alan Brochstein

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Alan Brochstein

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Tuesday, 12/20/2016 8:44:57 AM

Tuesday, December 20, 2016 8:44:57 AM

Post# of 56514
Looks like this overvalued and almost-bankrupt company is heading back to where it came from: $0.05.

The company doesn't own a greenhouse, nor does it own any plants. Its liabilities are a large multiple of its assets, which are mainly the $250K "Candwich" license.

The funky capital structure tricks people. Even if there weren't all the convertible preferred shares, $100mm market cap would be a joke. Factor those in, and the market cap soars to over $500mm. Wow!

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.

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