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Re: vegasopc post# 31133

Sunday, 05/28/2023 7:26:50 PM

Sunday, May 28, 2023 7:26:50 PM

Post# of 39889
Trust me, I hope I'm dead wrong about the pace of the uptrend...It's my Inner Cynic speaking since I've taken a real beating with pink sheet companies that seemed to have similar promise previously...

As with romance, when it comes to investing if a stock blooms quickly it often fades quickly too--particularly here in the OTC...From the looks of things that shouldn't be the case with CANN American in view of our CEO's announced intention to move to a higher trading platform--the QB, which will place more eyes on our stock among institutional investors...But I don't want CNNA to turn out like ILUS which was similarly touted last year and shot to the moon (51 cents, actually, after trading at fractions of a cent for quite some time) but then came back down to earth with a thud less than nine weeks later as I recall...

I know you can still make quick money with short term price spikes...But if CNNA grows organically--without a reverse split--I'll be tickled pink even if the time horizon turns out to be a bit longer than I'd hoped. That's because I feel the alternative health sector is recession-resistant, if not entirely recession proof, and makes CNNA a reasonable long term hold whatever interim price fluctuations may buffet the stock in the weeks ahead...

C