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Saturday, May 05, 2018 2:49:08 PM
Many investors are here for different reasons. When I found it, I was looking for another cannabis play, but I would not have stuck my money here only based on Gro3 at the price it was trading at. What got me to invest was snakes. It's a different play than you typically find on the otc, and it was/is bringing in real revenue and growth. That is why I bought at the time. If the numbers hold up, which I believe they will, then I feel the fundamentals are strong and this is very undervalued.
That said, snakes will experience growing pains. Those are forgivable to me as I feel the current pps is cheap. I'll expect them to make adjustments and learn fast from mistakes or setbacks. So far I feel that snakes is adjusting and will continue to adjust, as they need to. I'll also add, it's not the restaurant/franchising end of snakes I'm most interested in, it's the distribution and retail business. The restaurant gives them visibility, credibility, steady cash flow, but the big margins and growth can come from distribution and retail. I like the publishing angle, but we need an update on how that's coming along, and we may find it will take a little time to develop that business, but I believe they have the tools, connections, and testing environment to become a valuable partner and publisher for game developers.
Thought I'd take a moment to have a constructive exchange with you.
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