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Re: ap17 post# 65387

Friday, 03/20/2020 11:21:17 AM

Friday, March 20, 2020 11:21:17 AM

Post# of 83401
Your assuredness is extremely misguided. This company is in a text book case of terminal downward sales spiral. They most likely aren't going to be able to pull out of it themselves.

A $30-$50 million market cap for this company, in these times, with almost assuredly bad Q1 and Q2 coming up - is a wait and see space. If they have another bad Q, which let's face it, with coronavirus, is likely, the market cap will rightfully plunge further.

And the FDA is probably not coming out with anything soon - they have their hands full. Hemp and CBD is very likely no longer a priority for them.