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Re: LABZ post# 2544

Tuesday, 02/05/2019 1:16:38 PM

Tuesday, February 05, 2019 1:16:38 PM

Post# of 7058
The key is Diego Pellicer is operating as a real estate company until cannabis rules change. Which they will this year.

With cannabis federally illegal, they don't have access to regular banking channels, plus taxes are insanely high because of the way cannabis is viewed by IRS.

That's why DPWW leadership have not bought the dispensaries out yet as it's a huge tax liability and operate based on rental income which is much lower as a real estate company. However, they still have debt from building out the dispensaries rather than having the folks who are current owners doing so as they have contractual rights to purchase at a low price.

We will have dilution to pay for the new dispensary getting up and running and operations. As soon as cannabis rules change, DPWW will exercise their contractual purchase rights and those dispensary revenue figures will transfer to DPWW. Tax rules will adjust and they will show a much stronger balance sheet on their reporting and the stock will LAUNCH!

Until that time, we will go up and down. I continue to add as I did 10k this morning to average down. Folks need to read and really understand this company and how it presently operates vs how it will operate.

Once you do that, you'll be much more comfortable with your investment knowing that at some point this year, things will get much, much better. But that may not happen until later in the year. Be patient, sell or buy more. Up to you. I'm just presenting what I know from studying this company for 5 years.

I would like to get to 750k shares between my IRA and cash account before the cannabis rules change. That's when things get really interesting and this SP will be much, much higher and will hold at a higher price as millions of dollars in revenue will hit the Q report.

Peace.
CF