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Re: PSully post# 6465

Wednesday, 04/01/2020 7:54:24 AM

Wednesday, April 01, 2020 7:54:24 AM

Post# of 14223
It does smack of unprofessionalism PSully. But then again, they've pretty much tipped their poker hand already when they did the corporate update stating they had just passed the one million dollar amount and that 650K of that had occurred in the past thirty days.

My personal conviction is that implementation of the "Track and Trace" system really stagnated sales until they could get compliant.

We know their harvest schedule and there is no way in hell that sales were only a couple hundred thousand dollars for an entire quarter unless they were prohibited from selling for some reason. The Track and Trace compliance could be that reason. But that is behind us now.

Never the less, not filing quarterly financials on a timely basis is the ultimate in rookie mistakes. Good or bad, they absolutely MUST behave with much more professionalism and transparency.

Potential investors will see it this way: "Wait a minute! you want me to give you my hard-earned cash but in return you're not going to tell me how the company is doing? When I buy shares, doesn't that make me a part owner in the company? Then why the hell am I not being told how my money is being spent?"

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