Friday, March 01, 2019 12:06:16 PM
"...Cherry continually indicates that they are trying to grow the company 'responsibly'..."
I agree, too. I would prefer he do that too. I've seen companies take on more than they can shew. In the process, they and investors get burned. For example, take their now "de*fu*nked" has been partner, "PNTV". PNTV tried to grow their business by acquisitions, but never perfecting a system for producing MJ. Instead PNTV has floundered and wasted millions of dollars on ventures that never came to fruition. I am glad they (ADVT) didn't mention them in their latest PR. I had such high hopes for PNTV, but management told lies after lies, after lies. It is possible PNTV never had any intentions in building their business. Right now, the market has caught wind of their lies and don't believe them anymore. IMO
However, if ADVT can get an institutional partner that will finance their efforts, there want be any dilution. I'm with you, I don't want ADVT to start selling and dumping shares--like water down an empty well--that will be a catastrophe for me as investor. I got the lions share of my investment in ADVT. Yes, ADVT is doing the right thing, IMO, by building their business based on profit from the canning side of their business. It looks like the new facility will be the key to ADVT building a profitable facility that can house production operations.
IMO
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