Replies to post #34536 on Fortitude Group, Inc. (FRTD)

[Dave311]

2014 Election preview:

13 states have legalization initiatives to follow WA/CO.

16 states have medical license legalization initiatives.

5 States are trying to decriminalize possession.

Of the 20 states that prohibit it's usage, 12 have already ok'd medicinal usage

And 3 of those states are organizing for 2016 ballot initiatives.


So tell me again about the dark outlook of FRTD.

[seque]

Why would any business blatantly expose its margin structure to those you but or sell from. Think most doing business after seeing such margins would renegotiate either on the buy side or sell side. With the margins seems like the consumer will be paying a markup of many times. Suggests that if the margins were this good many others would jump in the space competitively and compress margins. I get further confused on what this company is about and why there's such passion about it. Show me a private company actually doing even $5 million in revenue and is profitable and that would be investable. Lastly the post about the sec focused on mj companies has to be incredibly disconcerting. What the ones that got suspend, please compare their press with this. My sense of value for this is a market cap of $100,000. So on 900 million shares (remember there are other classes of stock besides the common) this is overvalued by maybe 60 times. Will be interesting to hear the pot pitch this weekend.