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Re: skyhawk66 post# 25796

Tuesday, 06/09/2020 5:21:25 PM

Tuesday, June 09, 2020 5:21:25 PM

Post# of 30448
Just be careful on these "fully vertically integrated" companies. Many others have tried this strategy only to find themselves dumping the liability of the growing side of operations.

Producing quality hemp is no easy task.

For extracts such as CBD, it's much more cost effective to buy source product in bulk from dedicated supplier(s).

Until solid financial news comes out, I'm skeptical about CANB and will maintain my buy order at $1.02 (perhaps revise that down to $.95).

How does it make one smart to buy stock that has performed a draconian reverse split (-77 to 1) on it's share holders, and continues to dilute the fresh RS with board compensation in the form of more and more equities?

This current rise looks to me a like temporary pump to issue more stock for the board's salary. BEWARE!

I mean, we still have a company that has a very low revenue stream that is losing millions a year. All of which is upheld by continued dilution of the stock. Take head on this fact. It's not hypothetical or theory, it's the reality.

At today's closing price, the EPS stands at (NEGATIVE) -$1.98 LOL, this is the reality. The higher the price goes, the larger the divergence between EPS and actual market price. What goes up, will come down if it's inflated beyond reality.



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