Replies to post #13506 on Kaya Holdings Inc. (KAYS)

[Ian345]

Agreed, however at some point they should be able to upgrade their staffing in the finance area and start getting the results out at some point.

I do think they will be a survivor and that good things are ahead. We don't have a bunch of promo here saying this is going to $5-10 and will be the dominate player in U.S. weed.

The business model makes sense and they have what appears to be enough funding lined up to support the company over the next few years. This gives KAYS a longer runway which means the inevitable execution mistakes and other issues that are coming up can be better absorbed on the way.

[Goodbuddy4863]

KAYS is not the only Marijauana company to file late.

Many others do also.

They can't claim any business expenses at the end of the Year, but the Government still makes them pay Taxes on every sale.

I have mentioned this on a lot of My MJ Boards.

Taxation without Representation.