It all depends upon how quickly the recent converted notes can be cashed out. If we have some bat sh*t crazy good news that spiked volume to 10x what it is today then great! Notes will be disposed of in a much quicker fashion. Going from t-trades it doesn't look like they are able to get rid of more than 10k a day so that's about 3 months.
Now if I'm wrong and you are right... that is A OK with me. I will gladly eat crow if it means a higher pps.
Agree. What some folks don't understand is you can't expect a company operating in the MJ Industry to operate without dilution in less than 3 years of being in business.
I laugh at some of the comments posted on this board sometimes. I could see their point if Q over Q progress wasn't improving. If folks are looking for immediate returns they should trade elsewhere IMHO. This investment requires patience, period. Complaining about the share price isn't going to change anything.
Q over Q is real. I'm here investing until that changes.
Well, until the latest note conversions are absorbed- and that will still take some time with the paltry volume trading every day, and until new revenue numbers are made visible - which will be the next Q to be released in mid-May, there is nothing foreseen that will move prices higher. And unless the Q numbers demonstrate a revenue velocity that is exceeding the dilution rate, what can possibly sustain share price appreciation?? Wishful musings?
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