Yeah, I never put any faith in Dynamo - I’ve always thought it had no value. If all the truckers in the US could lower their fuel bill by 30% the same three bottles wouldn’t have sat on the shelf in my local Pilot until they got pulled. Drivers would have been ordering by the pallet off Amazon! Granted, I don’t think CBRF has the capability to manufacture in volume but good products have a habit of being found by customers. Dynamo has always been snake oil to me.
My faith was in the land and buildout, hoping the company had their ducks in a row, but that was wishful thinking and false hopes. Granted, to Amigo’s posts, they are remediating the land which is an important step, but CBRF takes so long to do anything by the time they get anywhere the music has stopped and guess who is left without a chair …
As for shareholder’s meetings, we could basically force one if we wanted but this group doesn’t have the shares to affect change through votes. Obviously, Mills has enough closely held shares to push through votes for issues like authorizing more shares.
And there’s why it’s a hobby but also one I don’t understand. The seven figure shareholders keep pumping money into this bottomless pit so Ron can “live to fight another day”. The loyalty just doesn’t make any sense to me but I’m also an outsider looking in and shareholders are contributing their own money, so only they have to understand their motivations.
I just don’t get the end game, because as much as DShade teases the board with $5, $10, $20, that just isn’t possible. There is no way a market cap $1B company is being run out of a hole-in-the-wall office with no assets. You really think CBRF could be worth $1B? There is no math that supports that.
C’est la vie - there’s always NEXT WEEK™ for me to be proven wrong, but I’d bet against it.
Just my two cents - which is where my Uncle Monkey predicts the stock will end up. Coincidence?
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