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Re: Drugdoctor post# 11528

Friday, 05/28/2021 12:06:26 PM

Friday, May 28, 2021 12:06:26 PM

Post# of 21300
That was an observation given the market yesterday. Same as you saying "even $SHWZ turned green!"

And to defend Stevens comment:
If you remember correctly Dye does not want to do deals at this opps as he feels we are severely undervalued.

...while it might not have been explicitly stated, it certainly seemed implied. I interpreted it the same way he did based sole off these two comments:

SHWZ Q1 Earnings Call Q&A:
Nancy Huber: We currently have about -- we have a $5 million commitment on debt for certain asset purchase that we are completing the definitive agreement for. So we have one bit of debt commitment. And then we have $23 million on our cash balance sheet. So we do have enough cash to complete some of the acquisitions that we're looking at. There are some large acquisitions that we are evaluating. And if those come to fruition, then we will be looking both at the equity and the debt or convertible debt market, and we'll use the most cost-effective solution that we can find that's to our shareholders' advantage at the time.

Schwazze Channelchek Q&A:
36:56 -- We'll use cash when we need to, and we'll use stock when our stock is fairly valued. We think we're tremendously undervalued today.
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