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Tuesday, May 02, 2017 11:56:08 AM
a lot of the retail brokerage houses like Edward Jones will not allow folks to buy stocks under $1 so yes we will need a hedge fund or institutional buyer to get us over $1. seems like most of the venture retail buyers have dried up.
Q1 results should see higher revenue but do not expect to see sg&a to come down; there is a mad rush to build the brand while there is so much market cap up for grabs and they have boots on the ground constantly and that aint cheap. I hope we would prefer that over trying to peddle the stuff on twitter. thats one big derp [peddling on twitter] and looks terrible for the brand.
Next big catylysts to get us near 60-100 million market cap are positive notes from the pre-ind meeting and/or news or strong rumours on federal legislation regarding hemp or cbd market.
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