I tend to agree with Let It Ride. Dgf had plenty of opportunities to sell and certainly one heck of a big opportunity when it was above $0.10 and volume was huge. They could have easily have sold 15 to 25 million shares and picked up three million bucks. Why David Sims decided not to is anybody's guess but I'm figuring said he's holding out for a big payout. I do question why he would not sell at least 20 million shares in a run like that to pick up at least 1 to 2 million dollars but that's his business.
All in all the float is still low and the company is better positioned now than it was last year. With patent approvals on the horizon. With that being said Can management deliver? It is imperative that they hook up with at least one company that could take at least the cream if not other products to Market. There is a lot of work producing the cream, getting it into jars and getting it onto the shelves.
Just yesterday my mother went to, for lack of a better word, seminar on someone pushing their idea of a cannabis cream. She said the turnout was large and the presentation was good but one thing held many people back, including herself, from buying. The presenter gave all the good things that it could do but then started to Rattle off all the possible side effects. My mom, who is a very social person, spoke to many people afterwards and they all agreed that testing on the product or approval on the product would have gone a long way and they would have considered purchasing the cream but the risk was simply too high to use something that someone mixed together in their garage.
I think you all get the point. I'm not crazy over management but they did choose the right course in clinical trials and aiming for patents. That will be a game-changer for sure. But again they have got to JV with a company that knows how to take the product to Market. If they do hookup with someone with a good track record, it does not need to be a big name, simply someone with a good track record and knows what they're doing and then I will be the first one to start talking dollar land. Float is low, we should take solace in knowing that DGF is not out to screw us, and all else that's on the burner is positive.
Enclosing my source tells me that management is actively pursuing the next step to getting this to Market. He refuses to say anything else. Good luck to all!
