CV Sciences Inc (CVSI)

[Emerald77]

I don't share BC's over-pessimism but there are still some valid points to debate (btw, us ranting on penny stock board doesn't change a thing but still a good debate forum)

1. Growth slowed down Q3, Q4 which is incidentally when JD took over as CEO from Mona. It seems exponential growth came from Mona and Tomc.
2. As CFO by training, he is conservative and may be hesitant to make decision like entrepreneur or CEO of growth cap. If you seen his interviews, he lacks charisma of growth CEO unlike Tomc.
3. He hired IRTH for uplisting (paid them 200K stock valued at $400K at that time, $800K present terms) yet IRTH was replaced with IRC without sign of uplisting. Of course, IRC was hired to pave way for investment and industry relationship but premature lacking uplisting.
4. NYSE is expensive exchange in terms of listing fees (250K) but still backup option given CVSI is losing on precious investment dollars that other non-descript canadian companies are harnessing everyday.
5. CWEB with 100 million IPO cash can be serious competition when national retailers come in. CVSI has less than 15% that amount.
6. Separation of CEO and CFO is no brainer compliance gap and should have been addressed much sooner than Dec 28th, CAO hiring, especially with SEC situation in the past. You don't need NASDAQ to tell you that.

I am very long, not a basher or short. You can check my post history but still need to be more vigilant by listening to posters who may have valid concerns. CVSI is destined for big things. Again, writing on this board doesn't change that one iota.