Sunday, July 30, 2017 6:04:27 PM
The distribution arm is AWESOME, hands down. That is bringing in a ton of CASH, and should avoid any further need to sell shares. That alone, even if there was no brick and mortar stores should equal a higher PPS than we have today.
The perceived slight delay in opening of 3rd location, is nothing to me. Ops lines always take longer than anyone wants. It is incredibly minuscule in the bigger picture. This completely pales in comparison to 'Franchising still planned in fiscal 2018'
So to me, all SnL news is A for current and A+ for future. The pps is highly undervalued on that alone.
I would have like to hear something more mentioned on Cineplex / Nintendo / Gamestop etc, (That would make me say A+ current) i'm sure we will soon enough.
GRO3, still ramping up, so not everything is in place yet. We just got the first ad out end of June and a million + order, I was hoping for another #erd deal, but I'm positive it won't be too long before we here about it.
Plus, simply knowing we are heading in to 'weed season' and all the regulatory kicking in, the market is beyond primed, and will be closing major deals left and right very soon. Getting a deal closed on the 10 acre facility will create a feeding frenzy.
So to me: Current is a B+, an amazing start but the future is an A+ assuming they execute a fair portion of deals they have mentioned. I very much love the fact Roger is in the 'inside circle' that is critical for distribution of such technology. I would have liked to hear a bonus on something like other industry prospects.
The Spinoff remains an amazing prospect and look forward to hearing about it, I would have liked to see more in this PR though.
The general statement: Thus far into Q1 of Fiscal 2018, we are already hitting revenue figures that exceed the revenues of entire quarters of Fiscal 2017. Our management team is very pleased to say the least with the results thus far and the trajectory that the company remains on into Fiscal 2018.
Is A+ awesome, Q1 numbers will be great, but I'll bet Q2 and Q3 will be off the hook.
Would have liked to hear more about uplist process but sounds like that will be after audit and FINS.
On Capital structure: Yes, a bit unexpected. Very understandable, reduced debt and allow quicker expansion so I believe a very reasonable maneuver. Ideally with all the new revenue coming in it won't happen again. However, I 100% expect to hear about this over and over and over from the typical folks who are going to jump on this and only this. Have to just grow the ignore list for now. But if it gets the company where it needs to go, which from all other angles it is, no toxic debt, etc, it is all good in the long run.
Once the uplist begins and more institutional folks get involved, $.25 (or more pending on where we are at at that point) will be their STARTING point and they will want MULTIPLES on their investments, (since from their perspective, still a risky play) so the future is blue sky.
$$$$AMFE$$$$
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