Everything Liht does demonstrates their concern for shareholder value, from extending the warrants to purchasing or exploring innovations that optimize cannabis production and quality. If I owned a million warrants that were about to expire virtually worthless, would I want Liht's board to extend the deadline? Hell yes, and I'd be pissed if I knew they could but they didn't.
Bottom line, LIHTF is a virtual unknown in the cannabis industry. They have much to prove over the course of the next three years compared to the previous three years. Demonstrating that they do not simply run roughshod over people who had previously shown belief in the company is part of the trust they must build...that would include current shareholders.
This process doesn't happen overnight, but the things they've been doing the past six-to-nine months show that they are on the right track. My head isn't in the clouds and there is risk inherent in all investing, but I like what I've seen from leadership and like what I see in operations. The fact that someone could stand 200 yards away from the Las Vegas farm and be intoxicated by the smell of raw marijuana growing (or curing) in the building devastates all the idiots claiming "they're not really growing anything!"
Shorts will continue to harp on the negative and ignore the positive developments. My main concern is the same as it has always been...share volume. It's why we're still on a rollercoaster and why there's still such an enormous spread in the bid/ask price. But volume will come as Liht continues to prove that they're not just talking anymore...they're actually growing, in more ways than one.
