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Re: Lemmiwinks post# 87524

Tuesday, 04/23/2019 12:08:32 PM

Tuesday, April 23, 2019 12:08:32 PM

Post# of 120631
Their product looks awesome, tastes awesome. With future growth, where are they going to get the money from? They will do what 99% of MJ/Hemp companies are doing. Add shares for capital, for expansion. So early into the game with a share structure like this smells of reverse split. How can they grow exponentially with no cash, no revenue? They have to issue more shares for finance deals to expand. I am not saying this will make the stock go down. Heck this could be the next Redbull, so speculation is just that.

Thanks for the feedback. I am staying cash. I smell Summer deals will happen........yet again. Last Christmas was disastrous. I could see a 2017 end year happening again with a Summer cool off across the sector, especially after a 3 month Jan/Feb/Mar run.
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