MediPharm Labs Corp (MEDIF)

[FUNMAN]

Sell Off? IMO you are correct. Expect it.

Rushing to buy? Not me.

They are raising the money "to-keep-the-lights-on" until new revenues from the international contracts starts flowing in.

I view this as bad dilution. Cheap shares are cheap for a reason.

I expanded my MediPharm position all the way down, thinking they had everything under control.

They didn't.

I am holding my position but not adding in the near term.

MediPharm is reinventing themselves. I think they will successfully do so, but it's going to take more than 1 or 2 Q's to do so.

If looking no place else than extractors to invest in, I don't know how putting new money in Valens is a worse option than putting new money into MediPharm?

Valens turnaround is several Q's ahead of MediPharm. Moreover, it's looking like after the next ER, Valens will be on an annual revenue run rate in excess of $100,000,000.

That's a major improvement that will put distance between the two companies.

MediPharm put themselves in the position of constantly having to catch up. Their cost of goods and shipping to supply international contracts will be higher than Valens who is supplying Canada.

Valens has laid the groundwork for a much broader lineup of SKU's.

One last thing. Valens has made it clear. They are pursuing USA expansion.

Valens is definitely undervalued right now with a higher potential ROI in the nearer term than MediPharm.

Pisd
Tuesday, 03/02/21 07:05:25 AM
Re: FUNMAN post# 6443
Post # 6446 of 6446

As expected imo, buyer of any selloff today.. MEDIF$...