RMN...I'm not sure why you sent me this particular pm...I don't have pm so here it goes.....first of all, we voted for raising the A/S to 2 bil. almost 2 months ago and yes Jimmy has yet to complete the deal with Bizrite...only Jimmy knows why that deal didn't get inked and put to rest. Personally I think he will do his DD on Sky Unlimited and pick the better deal and drop the weak one. IMO because that's what I would do...and wait for another deal that I think is less dilutive. Bizrite wants to go public because I think they see the end game in 5 years more or less with the most chance for equity maturation.
Jimmy stated in the Hempistry deal that SGMD would invest up to 1 mil. in Hempistry …….so to me that means $1.00 or any number up to 1mil. Pick a number....but obviously Jimmy isn't committing yet? ….correct?
Bailosellhai went to Cali...and I guess he was not able to corral Jimmy and ask him the real tough questions....
Anti trust layers...comeon, man Jimmy has had over 1yr to determine if the Bizrite deal is legit and DD it. would you raise the A/S without talking to the lawyers in great detail first? no I'm not buying that …..
Why SGMD? SGMD had a reasonably small float...and was somewhat looking to be in the MJ industry...IMO
ATPT is already a public company and is trading (if you want to call it that). And it's NO SECRET that I do not believe in Budlife…...and as usual we hear nothing new on Budlife… or a deal.
So here we sit waiting for Jimmy to do his DD on Sky Unlimited until Jan 9? (not sure of the date)…..and maybe he signs a deal or a snow storm(s) postpone the deal. For sure tax loss season is upon us now and I expect a quiet Dec.... all IMO