Monday, September 14, 2020 12:32:58 PM
To expect 100mil revenues from a company that is not a tech company, but sells a physical product, and has only been in business for <2 quarters was setting the bar far, far too high! (No offense intended for anyone here btw, just stating an observation)
So those folks have either sold today and/or are very unsettled at the moment. This is why my number has always been 35mil. Much more realistic, little room for disappointment and leaves lots of room for potential shock and awe.
We will most certainly recover from here...may go lower first...but it will take time for the "weak" hands to get out and the "smart" money to take their positions.
That said, the company has accomplished an amazing feat and the revenues they've produced in such a short period of time is absolutely phenomenal!!! For those that are patient enough, I'm guessing 3rd quarter will reward handsomely imo!
You don't build a house from the roof down and these guys are simply laying the foundation, a strong foundation at that, and my guess is Q3 is where we really start to see some growth. Patience should pay well here.
GLTA and AIMO,
TG
AIMO and GLTA,
TraderGreen
Please do not rely on anything I say to make a buy/sell decision with any security. If something I say cannot be backed up with an official PR or statement from the company I'm posting about, it is simply In My Opinion Only
Recent KAVL News
- Kaival Brands Announces Closing of $6.0 Million Public Offering • GlobeNewswire Inc. • 06/24/2024 08:05:00 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/18/2024 09:14:19 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 06/14/2024 08:05:23 PM
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- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/29/2024 09:20:56 PM
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- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/14/2024 09:05:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 10:15:33 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:15:42 PM
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- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 01/29/2024 10:10:18 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 10:14:06 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 02:00:20 PM
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- Form 424B1 - Prospectus [Rule 424(b)(1)] • Edgar (US Regulatory) • 01/12/2024 10:21:13 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 09:15:44 PM
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- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 12/22/2023 01:00:43 PM
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