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Re: ancalagon post# 40077

Monday, 03/24/2014 9:32:47 PM

Monday, March 24, 2014 9:32:47 PM

Post# of 76488
Don't misunderstand me...activity isn't bad. But many more important factors. Take the new advisory person: his business has apparently done some level of business with MJ growers. So how much product will VGPR be able to produce and when? will it take 1 year / 2 years to build the plant? how much longer to get product in the pipeline? If you're telling the "market" that it will take 4 years to even get product to market - not saying the company is estimating this, but just an example - then there's not going to be that much momentum in your stock. Doesn't mean there can't be a future for it; but this company isn't making a profit and can't survive without capital that long. So what do they do? Gotta finance operations somehow.

Ok, just trying to contribute something positive. I don't hate this stock - I don't like it as a momentum type play yet; nor would I feel comfortable in putting much money into it without fearing my investment will be diluted before any payoff is in sight.