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Re: Catapult Trader post# 32397

Wednesday, 04/22/2020 2:13:41 PM

Wednesday, April 22, 2020 2:13:41 PM

Post# of 53172
They are not in a position to buy back shares right now - they are making good money and know they can make a lot more by expansion. If I was the CEO, at a time like this I wouldn't care about the share price or even shareholders right now - I would do what is best for the company for the future. If what they are doing is working, then it can work in Los Angeles and as they said, unlimited potential in all areas. Just think about it, it's simply just cannabis sales, the market is unlimited for it and demand is high. Spend all focus and money on expansion right now - make a bunch of money, and then invest that money into the stock to increase shareholder value, up the stock price and get real non-toxic financing to expand more and faster. I believe based on filings alone this is what is going to happen.
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