Saturday, May 30, 2020 1:27:27 PM
They have a good concept and have done some good things getting 4 locations open, however, by their lack of experience running a public company, they've now put the whole company at risk. They sat and watched as pps plummeted over the past few years and they do almost nothing about it. They dont even try to tell their story, they dont even try to consistently communicate with shareholders in any real way. In short, they don't even try to protect shareholders, and I and every other investor should be pissed.
They cant raise reasonable amounts of money with a pps which is in the toilet. They cant expand using shares with pps is in the toilet. Now they have no choice but to dilute shareholders... its just that simple. Its clear they have no idea what theyre doing in this regard. Again, I urge all investors to contact the company and demand they protect shareholders by promoting the stock and consistently communicating with shareholders. Otherwise we're all toast imo, which would be so sad since I believe their concept is a good one.
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