InvestorsHub Logo
icon url

microcappatty

07/10/18 5:12 PM

#14601 RE: mc73 #14600

It’s always the right time to buy CVSI.
icon url

FelixWankel

07/10/18 6:42 PM

#14602 RE: mc73 #14600

I'm in the same boat as MC73. I'm waiting to see how the reverse split vote shakes out before I jump back in. Once I know what's going on, I will decide when the time is right for me to jump back in.
icon url

ANIA77

07/11/18 8:45 AM

#14619 RE: mc73 #14600

Just look up CRON and their path to nasdaq.. it is pretty much the same industry. The only difference is that they are located in Canada but they have to because they are strictly Marijuana..

They got admitted into Nasdaq International Designation program on Sept. 12, 2017. Their pps on that day was $1.9.. They had offering for $3.15 soon after.. check their chart what happened to pps since September and until it was listed 6 months later on Nasdaq.
Btw. Their OS is 176M, their market cap is over $1 Billion and sales $4mln in 2017 and $3mln in Q1 2018.. but Nasdaq opened doors to investors and offerings and they have cash and they expand..

But yes, their sales are twice smaller than CVSI... so just imagine what it is going to happen to CVSI pps when they announce they are working on application to uplist.. they already have much better sales and are better established than CRON.

..just saying.. all info, filings etc are public right there for you.. compare to peers.
Or you can just stay closed minded with otc world where yes, majority of ticks is bloated, with convertible notes and doing rs to stay afloat.. this is exactly your thinking except CVSI balance sheets is NOT like majority of otc.. if you are not getting that, then I don't know what else will.

$CVSI
icon url

jefra1965

07/11/18 3:02 PM

#14639 RE: mc73 #14600

That strategy does not make sense at all. So you will wait 5 to 9 months to see what happens with the stock reverse split? What do you think is going to happen to the Stock Price after a couple of Q financial reports and probably the Laws changing in favor of industrial hemp?

The best current strategy is : Either you are IN or You are OUT. All CVSI financial indicators scream for growth near and midterm. The CBD market is going to grow longterm (5-10 years)
So what is it going to be?