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Re: Madcowelixir post# 80270

Tuesday, 10/29/2019 3:32:51 PM

Tuesday, October 29, 2019 3:32:51 PM

Post# of 80866
34M isn’t a massive share count so that doesn’t scare me at all. If operations could support the valuation I wouldn’t care if they doubled the share count from here.

I called in May for the shares to bounce around .25 for an extended period and a buyout offer to come at .35. I think we are nearing that reality. The company is worth between .25 and .35 unless facts on the ground change. The company no longer commands premium pricing and has lost public visibility as a household name. Product still sold at Costco which does create very low margin volume.