Friday, March 27, 2020 5:28:05 PM
"cash coming in now will help future closings"
This seems to be the plan.
The underlying concern is dilution. At max shares (250m) the upside is still there, but not nearly as much as if that number stays around 100m as previously indicated. The acquisitions are highly accretive, regardless.
Being profitable should allow for non-dilutive financing as/if required... Dye is not in a position that would benefit from further dilution - nor is anyone in this high insider ownership company... this should offer a sort of dilution protection and avoid decisions that are not shareholder friendly.
The value is coming - the wild swings in PPS are noise and buying opportunities... MDCL need only get to the finish line of this first leg to be worth a multiple of current PPS - the scalability from there is perhaps greater than any other cannabis company today.
I'm looking forward to Dye's first earnings report... we may or may not see "pro forma" revenues/estimates... what we will probably see is a relatively hefty loss as the operation scales to the size required before/while the acquisition process is completed. Growth in consulting etc would be nice to see, however... lest we not forget how well diversified and how well strategically positioned MDCL is set to be!
Anything to offer clarity upon the future should bring a green monday... cannabis may have just found a bottom - MDCL can benefit tremendously from better sector sentiment in conjunction with positive strategic results... though at this point I would not be surprised with more dumping and a retest of the lows - if we get back to $1.10 around the time of that $1200 check coming to my bank account you can pretty well be sure uncle sam is buying me 1000 shares.
Recent SHWZ News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 08:39:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 09:25:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/11/2024 09:00:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:11:33 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 05/17/2024 08:12:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:50:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:26:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:34:36 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:33:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:32:39 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 12:30:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:52:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:01:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:00:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 12:27:57 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:36:05 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/31/2024 10:27:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:08:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:07:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:41:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 04:40:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:01:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:00:49 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM