Thanks for reaching out to Chris! All longs should be in touch with either Ron, Nello or Chris to keep them aware we are not happy with how things have unfolded with respect to dilution.
At the end of the day, if Diego Pellicer acquires the Denver dispensary and gets the new one operational by end of this year, we will be in a much better position to succeed.
That's why I've been here for 19 months and down a lot having gone through a brutal RS. At the end of the day, adding those dispensaries to the balance sheet, changes our whole value in the market.
I will continue to add as we get closer to Nov 1. I don't know how they intend to purchase the Denver location doing $7M in sales. That will be something else to deal with; however, as the sod guy who visited the new Denver dispensary stated, it's in a better locations, higher traffic and better parking. I have no doubt it will do well once open.
If you just put $3M in revenue for 2020 down for the new dispensary and add in the current location doing approximately $7M, it's easy to see our MC and SP will adjust much higher once those deals are done and the revenue is on the balance sheet.
I'm just banking on them bringing it together as they have a lot of shares at stake and want this to succeed. We could have another very interesting December based on when Colorado lets public companies buy out dispensaries come November 1.
Thank you for reaching out to Chris and look forward to hearing your reply. All shareholders should keep the heat on DPWW leadership as they are the one's who need to deliver. We've invested in them and need to hold them accountable to making things happen.
Peace.
CF
