Diego Pellicer Worldwide Inc. (DPWW)

[Ah20]

Exit scam? This thing is like vaporware for brick and mortar.
There's no money to buy the dispensaries, only more dilution. A$$sholes spent 6M usd on admin crap a couple years ago (10x the MC at the time), read: steaks for Ron. Then they halved that operating cost the next filing, which wasn't even rental fees they pay on the places they lease, still meetings and flying around and dinners, to around 3M, which is 3-5 times the MC here.

They own nothing, they only sell t-shirts. Do we know if they own the lights in the grows? I bet not. In Denver area it is common for landlords to put the whole grow together, turnkey build to suit. If DPWW leaves those grows that they rent, the landlord will find new renters in a heartbeat and all Nello will have procured for us is the receipt.

I don't doubt the new store will do well, but we shareholders don't own that store. They'll issue another 100M in 2020. If Ron thought the company would do well, why would he have been dumping since he left? He's off the 10% re-up teat he was on for years and right around when the company is 'going to do something' he's still dumping? He is a self interested man, certainly...