Thursday, May 06, 2021 8:53:21 AM
Now if Dye does expand the company in a way that I have a far fetched idea of, then I think he could issue shares at a higher evaluation which I think they would need the cash to make it happen and that could draw the interest of a secondary offering from the bigger players.
I am ok with some dilution of the outstanding shares as long as it continues revenue/profitable growth and that has been Dye’s thought process. Too many of these cannabis companies are issuing shares just to stay afloat and are not currently or will be making money in the future. I am always looking for companies that don’t depend on selling shares to survive.
Please don’t take any of my responses personally because they aren’t meant to be. When we respond on these chat boards I am sure we have a lot more things going on in our heads (I know I do) but never express because it would be like writing a extremely long book like War & Peace. We all try to consciously get to a point in a quick manner to state what we feel.
Well heading out again and look forward to yours and others thoughts.
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