Thursday, July 04, 2024 5:55:14 AM
Clearly that did not happen.
They announced the name / ticker change before doing full diligence on the availability, and so assume having to rethink or adjust.
I imagine this will mean an adjustment of the forecast revs as well.
I think they are now at the moment where only real results ( products, $, websites, mgt, plans) will matter.
It is hard to know what the company primary mission is at this point. Bevs? If so what kind? Local Distribution? That won't excite or make anyone rich. Covert THC? Who knows anything really about that 'aquisition' except they are new (who are they?) mgrs and presumably stakeholders.
LOTS to clean up/ catch up.
But at .0011 the companys tax loss value is probably worth more.
So even if they can just hit a solid single, without amateur copy or error, with an actual product (s) actually out there being pushed the value could triple.
But to be clear this is not 'investment', it is speculation.
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