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stockguru1971

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stockguru1971

Re: I-Glow post# 18

Tuesday, 02/28/2017 2:26:03 PM

Tuesday, February 28, 2017 2:26:03 PM

Post# of 762
The company has been reinvesting into R and D and cleaning up balance sheet and adding inventory as well as producing new ranges for further expansion. this has put the company in a perfect place to move forward with no debt.
If you look at 99% of all marijuana companies, they have huge floats and O/s as well as carrying debt. None of them have potential to make money, it's just a wing and a prayer, this company has reinvested its profit to make the company stronger in the ways mentioned above.

Take KSHB for example, 130m market cap . Lots of debt and less than 8m revenue. No profit
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