Another Seed-To-Sale is coming
I just discovered a con man I know very well. He has a long history of cons, but no rap sheet. He is the ultimate long con. And is coming through a an empty shell, another reverse merger, with another seed-to-sale cannabis company. While HLIX and KERN are legit, nothign this guy does is legit. But he MAKES MONEY! Ironically, he rewards his shareholdres. LOL Well, the first stoaways, anyway. Maybe not the ones that buy first-class tickets. It will take patience, of course.
Mr. Z, thanks for the nice personal letter. I can't respond privately. I'd say zero chance that PHUN ever buys HLIX. Completely different area. KERN, I'd never say never. There will be a lot more consolidation. But getting eaten is always a possibility from a bigger fish, which is also nice. It always comes at a premium to the current price when the deal happens, if ever.
KERN just bought a little company with shares only called Telis or something. Yet, another seed-to-sale cannabis company. Which I'm sure is legit if KERN bought them. Tiny at 1M sales compared to us. Interestingly, KERN paid 1.8 times their revenue, close to 2M for the company. And we are trading at something like 1 times sales. KERN allegedly believes they will be cash flow positive, however.
Cons always like hot markets. So, I'm glad a well-known con is trying to come in on this narrative. That's a shell with much less volume than we have and currently at a fraction of a penny, so I need to try to squeeze myself in as a stoaway before he starts to do his deed. He is so dependable! Deregulation is good! Good at fleecing sheep. If you can't beat them due to politics, beat their prey so they learn to vote correctly and think right in the long term.
