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Re: DropLine post# 7411

Friday, 05/17/2019 12:44:49 PM

Friday, May 17, 2019 12:44:49 PM

Post# of 8110
Definetely. But CVSI was in the 21-27 cents range 18 months ago just the same as GBLX. As a matter of fact GBLX was @ $1.65 per share months before CVSI reach that range. That's why I'm using it as an example.

The few good OTC stocks are all about cash flow and execution. No money has patience for lame excuses, pipe dreams and moon shots.

The business model seemed perfect. Sell weed in Las Vegas (Failed), make cash (Failed) and then expand your biopharma business (So far a pipe dream).

CBD has 2 to 3 times more therapeutic value than THC. Everybody and their dogs are producing weed all over the world (Check Colombia) so time was waisted. The coffers were drained, dilution is unstoppable, Louisiana is a 50/50 JV, All the majors got the best deals exporting to Europe from Canada.

More hardship ahead....
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