It seems like good news that other cannabis stocks have been taking a hit...and yet LIHT is holding steady. No one is dumping LIHT......that is unwise at this time.
The cannabis industry doesn't operate with magic wands...don't expect one...there are none. IMHO....the next best thing to a magic wand...would be a high ranking cannabis executive from the biggest cannabis company in the world...join the LIHT team as CFO. That's not magic...but it is pure business brilliance. I'll take business brilliance over magic anyway....business brilliance lasts....magic....not so much.
If there ever is an up I might buy back in on that wave.
Well isn't your suggested sale price of .60 considered up? To think that LIHT is never going up...is nearly impossible. To think that there would be a cheaper point to get the other half of your shares back....also defies logic.
Even if there is news it would have to be partner related for Vegas and a serious partner not some numbered company that they supposedly are going to get things done with.
I do agree...we need a serious partner....not a numbered company. In Canada numbered companies are popular...in the U.S. We use names....and LIHT has stated news about a partner for Vegas. They have not told us who, or any details yet.....but this Nilda Rivera aspect....is the biggest clue they could have given us. LIHT quietly pulls in a top executive from Aurora...and says nothing about it....hmmm.
Don't let the other half of your shares miss the ride.
Why would aurora buy into liht when they can just take it when liht is worth nothing?
Why would they wait....when their competitors could do the same thing? Have you noticed....no competitors have done anything, that we know of...concerning our crown jewel in Vegas. 300,000 sf licenses in Vegas...deals being made all over Vegas for much smaller footprints...you think the competition doesn't know what LIHT has? You ever notice how quiet LIHT has been about the Vegas...crown jewel plans? Ever think about...if we did talk to a partner last year about a deal in Vegas...that would explain the silence about Vegas plans, until they are ready to make an announcement and/or certain milestones are met....a distribution license certainly being one of the milestones. It would also explain why there has been no talk of other companies making offers to partner or buy....on the Vegas operations. They probably have been in talks and negotiations for a long time...including a lot of house cleaning. LIHT getting their corporate affairs in order...is a sign of partner interest. Lack of talk about Vegas is also a sign of partner interest. Aurora sending a woman with a magic wand could be a sign of partner interest.
Maybe maybe the woman with the magical wond is just a spy for aurora and she is just relaying info of when the best time to take over is. Lol. See I can speculate to haha
Speculate however you see fit...lol....a spy for Aurora...lol. But why would Aurora give up a long time financial executive and corporate secretary....to be a LIHT spy....when they could read our posted financials on SEDAR? I think Aurora is smarter than that. They might even be smart enough to do the math on our....REVENUE POTENTIAL.
Let's just speculate for a minute here......if Aurora did have their financial wizards....do the math on 300,000 sf of cultivation/production in Vegas....they would have a couple options. One option would be to say no thanks and walk away. Another option might be to show signs of interest and present a list of conditions and milestones that would need to be met...to continue towards concluding some sort of a deal....and if those conditions are met......the odd part of this option would be to send one of your financial wizards to become our CFO.
I seriously don't think this is a spy story unfolding here....Aurora is smarter than that. Sending a spy would not prevent a competitor from buying LIHT out from under Aurora. Sending a top executive...would be more effective at stopping a competitor from moving in on your intended target. Either way...spy or buy....it would still suggest Aurora has an interest in LIHT.
If Aurora or any other big partner were interested in our Vegas ops...you may want your other shares back....before the announcement.
There will be an announcement...there will be a Vegas partner...buds will burn...cannabis oil will flow. Investors will rejoice. LIHT will succeed.
.23 does not look so good now. The TSX dropped 24 points and LIHT down to 20.5. As I said in for a penny in for a pound. Come first thing Monday I will be buying more to get that price point down even farther. Freed up some cash from other area's. There is 1 stock on the US market that I will be going into as well ICC Intl. ( WLDCF ). It has a 5 star Globeinvestor rating. Started today out at 26 and ended up at 27.5 with over 1/2 million traded. Spreading across 5 continents with 15 holdings.