Vhgier: why would I bash you, especially if you're holding shares. I'm sure there are things that could be done better, but IMO Dowling and Co. have done a remarkable job growing from 0 to 55 million in 5+ years. Let's have a little perspective. First, they were selling a schedule one drug in health food stores for 4 years. I'm guessing that could be a felony (any lawyers in the crowd?). For the past year, they've simply been selling an illegal product virtually everywhere (FDA says it's illegal). Sales dropped why? 3000 other small companies, at least half of which are total posers. They are on the verge of submitting a CTA (clinical trial application) for the drug for smokeless tobacco. I know a lot of the board poo-poos that or discounts it but that's HUGE. There are animal models of nicotine addiction and CBD works. Animal models don't always translate to humans, but CBD is known to interact with the nicotinic receptors in humans. So yeah, I'm pretty optimistic. Phase 1 will be quick and then I think pharma will jump in. Dowling said that the CTA should be filed by Q2 and he doesn't lie. I know Chillin' would love him to say something every other day, but when it happens, it will be announced. Unfortunately, to use a sailing analogy, we're kind of stuck in irons, but it's always windy in San Diego, and I expect a big gust or two this quarter. The price is ridiculously undervalued and so a decent gust could move the ship considerably.
But remember, this is a tiny company that is accomplishing a lot. The Mona anchor is now pulled up and I expect CVSI Version 3.0 to move soon.
All the best.
MT
