InvestorsHub Logo
Followers 21
Posts 1091
Boards Moderated 0
Alias Born 05/10/2019

Re: retinvestor post# 690

Wednesday, 06/09/2021 8:43:43 PM

Wednesday, June 09, 2021 8:43:43 PM

Post# of 726
Dixie is a sleeper
I’m holding a few more months just to see where this plays out with looming cannabis reform in Congress. The 30 for 1 split is another issue. This could play in BellRocks favor as it has for some other cannabis companies but it does suck because big moves will only translate into smaller returns.

Since BellRock (Dixie) is a somewhat established brand, the hope would be that cannabis reform would allow for bank loans and other financial vehicles that would prevent the need for raising capital via dilution.

Personally, I’m not committing any more money towards this mangy dog.