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Re: Carnivool post# 44719

Tuesday, 07/31/2018 8:52:32 AM

Tuesday, July 31, 2018 8:52:32 AM

Post# of 65792
I think they are serious about uplisting. I don’t think they realized the impact of the notes. Maybe thought the revenues would be greater than they are at this time? Maybe they are longer term than most otc players. I do not think they made perfect moves but I think they are doing good and getting better with their decisions. California just forced mandated testing in July but Rec passed almost 2 years ago although wasn’t implemented until January of this year. Things move slower than the people would like. That’s what I chalk it up to. They though revenues would be in full swing by now. But we are just getting started. All those acquisitions have been liabilities until now. This is the pivot point. There’s still more dilution coming but the market will accept it IF the revenues and market are there with these. Eventually dilution will end and there will be traditional financing or venture capitalist financing but it’s atleast a year and a half away, IMO. We need to see the financial reports.