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StockSleuth

04/26/15 8:30 PM

#632 RE: ColoradoGuy #630

Deep pockets or not, what this comes down to is the cap table and how many shares the initial investors plan on selling while the company needs the runway to grow. ArcView is not the answer as they are a conference service that makes their money of memberships and paid sponsors with very few real investors (I have attended 2 of their events and many share the same opinion - very few investors attend these events). Having the CEO of Dixie behind them is great but unless they are prepared to fund the company at some juncture brings no value with the exception of industry acceptance. Unfortunately, many cannabis related public companies are shams and actually believe that this company has a chance if they stay clear of the enigma of being a public company and the vultures that will use their business model as a personal ATM machine via the public markets. If you dissect the filings and see who the initial investors are and their history of cashing out and walking away, that is where the concern should be in my opinion.

As long as the company continues to grow, find a way to achieve some revenue in the near future, and stay away from any promotional efforts, everything should pan out fine.