Saturday, May 20, 2017 6:34:35 PM
We've put in a total (accumulated deficit) of about $5M to get to this point and have a current market cap of $4.8M and that's not counting the 2.5M shares I'm still going to cancel after we have our shareholder vote.
Our platform can completely eliminate pesticide use because we do not use mediums in production. One of the biggest economic threats to cannabis producers are pesticide recalls and regulatory groups are expected to really crack down on pesticides.
It's not guidance that is coming, it's results and economic (ROI) plus verified performance. Something we can then use to market and sell our technology.
Mr. Brochstien compared us to GrowX a Company which is currently where we were 5 years ago. I'm sure they will have to go through the same big learning curve we did. I found it to be a very uninformed comparison coming from someone who claims to be an analyst.
As far as Alamo goes. If shareholders do not like what is presented to them, then they simply do not have to approve the transaction. None of the above changes. Management does not currently control the vote, nor can they reach a quorum with other shareholders. If that was possible, there would be no need to solicit a proxy as has been stated is required.
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