I found this on the internet.
I thank the poster for great info.
Flow capital wants 2.7mm USD back, for roughly 4.9mm which is peanuts for a company selling 40-50mm USD annually. (As of June 2019 ALUMINA PARTNERS LTD will provide Dionymed with up to 32mm CAD over a 24 month period) This has not changed.
Keep in mind, that margins are increasing. Dyme has been recently awarded three additional delivery licences in San Francisco and Los Angelus. In addition to this a distribution agreement with WOAH CANDY and California based FRUIT SLABS “while not a game changer” adds to bottom line. What’s noteworthy is the acquisition of MMAC’s Los Angelus cannabis campus which includes, cultivation, manufacturing, retail and distribution licences, which should improve margins enough to noticeably impact the books positively.
The steadily growing avenue for retail has been growing for DYME thus why we see a respectable 10 to 13mm USD per quarter sales “Look around and compare sales to some of the largest caps” DYME has no issues unloading product. Where Dyme falls short is margins due to an insufficient amount of in house production which should improve further due to MMAC cultivation that offsets in-house brands vs smaller margin resale brands not owned by DYME.
The unfortunate news is the countersuit by EAZY TECHNOLOGYS, should EAZY win and DYME fail to prove the accusations which bear grounds to breach contract.
Regardless of an EAZY win “no pun intended” one would have to view damages as “overall” minimal, having correlated EAZY sales before and after the separation. Try to determine value of a so called “key” employees that may or may have not impacted possible future profitability of the company “I would say it’s very difficult to theoretically value an employees absentse” and question the actual loss “If any?” These employees have since been replaced with others similarly capable right? Of course they have. They’re trying to build a well oiled machine regardless of any setbacks.
Success is measured in dollars, should EAZY win countersue, they’re going to have to provide losses incurred due to Mr Fields direct actions, and with that being said, I don’t believe the losses to be substantially crippling. By then, i do believe dime will have a solid enough foundation to incur any reasonable judgement place upon them by law. We’re looking at a couple years before settled if Edward wants to play it safe. Just my humble opinion. I do favour the low caps.
Read more at https://stockhouse.com/companies/bullboard#DfDPYhYoDMCteJTB.99