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Re: tigerpac post# 978

Friday, 08/02/2019 9:57:15 AM

Friday, August 02, 2019 9:57:15 AM

Post# of 1110
tiger, I agree with you 100%. I have no position anymore in TURV and will not be rebuying, so while maintaining a passing interest moving forward, I can only wish the longs the very best. The company's biggest issue at this time is this years crop. I still believe they will have problems due to the late start. Will they get it in? How big? Water delivery above the 4 acres last year? Then we have two loans, a dam bill from the State, a credit facility who is demanding shares (lol), and the 800 lb gorilla in the room the preferred stockholders who in the capital structure come before the equity stockholders now at 80M shares growing to 100m in the next year. Oh, and there is always the rebuilding of the dam. You are 100% correct. Execution. Can it be done, imo I see the path forward and unlike many on the IV board believe that keeping the preferred stock intact vs. dilution is simply overhead that can be dealt with and eventually paid off. Simply think of the 2M preferred payment and payoff an equivalent of paying for leases as per my EXDI and a cost of business, when paid off will then eliminate this cost. Regardless of this years crop, 2020 and the market and execution will determine the pps. Good luck to all the longs and all who dare risk their capital to bring quality hemp/CBD products to the American people.

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