InvestorsHub Logo

Djdjdjdj

11/11/18 8:02 PM

#1623 RE: BriarPatch #1621

That Western store was never busy even on day one of recreational. I am thrilled they dumped it and I’m thrilled seeing the new place. I Ate 9 White Castle cheeseburgers that morning I got the pics but I hadn’t had white castles for 20 years. But back on topic - that Western store was in an industrial zone, that at shift change for the casinos got bad traffic in and out of there and yes there are big strip joints on that street but there are also big dispensaries that absorb the business. I’m thrilled. It is a game changer! That Western store cost money to run and I’m sure ate into the company’s money. Bad deal.

JimofRidge

11/12/18 7:22 AM

#1624 RE: BriarPatch #1621

Look at this proclamation!!! All profits no costs! What about all the losses this location cost the shareholders? What about the Toxic finance charges to purchase this terrible investment? What about the overhead, salaries,property taxes, utilities acquisition costs, attorney fees. They always tell you how they turned crap into gold! Always selling a narrative that defies real analysis.Most of all what about the Opportunity Costs that could have resulted in a good investment that would have resulted in profits for the Shareholders. The money to buy this failed investment came from the shareholders. It was a bad deal. That is why the auditors issued an Adverse Opinion that clearly states this management has no financial controls.

JimofRidge

11/12/18 7:32 AM

#1625 RE: BriarPatch #1621

The real sale that has any value is the value former shareholders gained by dumping this stock and purchasing worthwhile investments. Let see if the 67% decline in SP continues over the next week or is their 3rd Qt losses somehow going to induce investors to buy in?