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Re: None

Friday, 07/12/2019 3:27:56 PM

Friday, July 12, 2019 3:27:56 PM

Post# of 7058
I'm sorry to see Seattle sold as it's the flagship and I've visited it (beautiful store). At the same time, it's clear DPWW is shifting and getting some cash available so come November 1 of this year (less than 4 months) they will be able to buyout the Denver dispensary and grow operations and finally get that $7M+ in revenue onto their books.

If the 2nd Denver store is approved and ready to go by Nov 1, it just adds fuel to our growth.

The key will be between now and November, can DPWW stay above a point where they need to RS again. IMO, I don't think they will RS as it impacts Ron, Nello and Chris' shares (even though they have a clause for 10% of OS no matter what happens.

I am going to be monitoring and adding as we move closer to that timing. I'm so far down now with a $.14 AWP that for me, that makes sense.

This PR is encouraging news but Diego Pellicer needs to make more progress on other fronts to have the market truly believe they can deliver. We know Ron is a bad CEO. They would be better firing him, promoting Nello and keeping Chris as CFO. Ron is not worth any value, just sucks our funds down a hole.

So, for all longs, things are looking up with this news. One thing is for sure, come Nov 1 when things happen our SP may move above $.30 at the drop of a hat. I want to be ready when that occurs.

Peace.
CF