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Alias Born | 04/20/2018 |
Wednesday, January 16, 2019 2:53:55 PM
I would suggest every shareholder send Ron T as I did an email asking them to not dilute shares for expansion until rules change. His email ron@diego-pellicer.com.
The 2 dispensaries (WA,CO) and 1 grow facility (CO) are strong enough when you look at their sales for 2018 at $10M along with a new dispensary opening in the next month or so that will be a strong revenue producer, that opening new locations using dilution is not in shareholders best interest. Ron gets 10% of OS NO matter how many shares are outstanding.
We need them to focus for us on profitability and getting cannabis rules changed so they get traditional business financing at much better terms. That along will make PPS jump much much higher than opening a new dispensary which cost $700k+ to build out.
Please do yourselves a favor and take 2 minutes and write to him. It's important. He's tired of hearing from me and we are well acquainted.
CF
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