Tuesday, August 14, 2018 10:07:36 AM
That being said-we come to CANN10. Are we merged with them at the moment? No. Have we seen millions flow in from revenue? No. BUT: are we closer to the latter than 'being in talks with a group from Israel'? Yes. Are we further along than an 'MOU' or 'LOI'? Certainly. We even have a more or less confirmed path of how we'll merge operations, what sort of business model it will be and when it is expected to happen. And PRs have continued to mention the ongoing work with CANN10 AND AMS for over a year, to the chagrin of the naysayers and Doomsday Nostradamuses hoping for the .0001.
What is clear is that Josh is avoiding securing funding that would be institutional debt, with caveats, interest and equity-based obligations, and toxicity for the shareholders. I feel comfortable implying that if they wanted to get ANY funding, regardless of conditions, just to get the operation going-he would have done so. So he fights on trying to generate money the slow, painful but BLDV-controlled way: working with his own company's shares and optimizing the value proposition of his Ticker so that he can partner with more entities and do more business to earn that money.
The nice thing for us is he's been transparent and clear from the get-go that he is NOT trying to make a 'get rich quick' scheme, and that quote: "CANN10 is NOT the fastest path to revenue". That certainly won't inspire the day traders and folks riding hourly waves, but should be of comfort who are looking to invest in a sub-penny stock that is trying to operate like a long-term growth company.
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