Tuesday, May 21, 2019 10:10:49 PM
$125K+ cash
Assets are increasing
Liabilities are decreasing
No toxic convertible note terms
Confirmed greenhouse and hemp farm
Accumulated deficit is decreasing
CONS:
Revenues are decreasing
Expenses are increasing
Cash flow negative
Overall, it’s a good time for the company to transition into the hemp industry. There’s much more room to grow (no pun intended) compared to the pest control business. A good harvest will eliminate the cons immediately. IMO
The pros appear to mirror shareholder value. Everything that’s been done through the reverse split has positioned the company’s shares to retain equity.
Just need a strong catalyst to recapture the market’s attention. Supply and demand can be easily exploited. And if there are joint ventures still in play here, Trina should make an effort to announce them now. IMO
$EVSV
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