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Re: TCallday post# 1852

Friday, 12/07/2018 9:38:22 AM

Friday, December 07, 2018 9:38:22 AM

Post# of 7057
DPWW- It's a good thing they do that being an OTC QB company. Extra level of compliance and disclosure required. This is why they did an RS. They hadn't come close to maxing out AS but wanted to preserve the QB status.

Says a lot about what type of company they are and where they expect to be.
Diego Pellicer leadership are positioning the company through being QB status to be acquired by a larger entity or to make it easier and better terms for financing from traditional banks/lenders when cannabis is removed from schedule 1 status in 2019 following hemp which will happen this month.