Saturday, November 23, 2019 8:16:59 AM
Also, many large LP’s are strapped for cash and will have an extremely difficult time finding financing. Dilution upon dilution has already doomed many companies.
MEDIF has a strong ass balance sheet and refuses to dilute its shareholders into oblivion. Just look at the last two? raises- we’ve been able to secure financing through Bank loans vs dilution. So, banks are confident in the future of this company....and the same can’t be said for most Cannabis companies at the moment (especially Canadian).
We seem to be in good hands. No investment is bulletproof but this seems like one of (if not the) best place for us gamblers to put our chips.
I’m closing out middling profits from some small positions, have cut some spec money loses to have powder for this tax selling season.
These prices are bargain basement. Predictable revenue, global expansion, execution of vision.
$MEDIF will curb stomp folks in 2020! Eventually leading to a GW Pharma type imo
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