Replies to post #49152 on CV Sciences Inc (CVSI)

[microcappatty]

Vote YES on Evergreen.

Talent needs to be acquired and management has demonstrated time and time again they KNOW WHAT THEY ARE DOING. They have brought this company's share price up over 1200% since last year.

Don't be armchair executives. Let them do what they believe is right. They have more information about what they're doing and what is going on internally than we can ever know. TRUST.

[ap17]

Exactly, they can always bring it up later and when things are looking GREEN!

[jefra1965]

IMHO this is NOT a valid argument. TTM Sales increased by 120.46% last quarter from $24.99M to $55.08M. That's an average of 21.8% QoQ for the last 4 quarters. Check the competition.

Vote NO on Evergreen

until Mgmt makes qtr over qtr significant
Sales increases

Growth did slowed down in the past couple of quarters but it was NOT a management thing. If you check (Again) our closest competition, they are stalling (NO GROWTH) for the same period Q1 so it seems to confirm that it is a market slow down after a huge run. All very normal. CVSI growth slowed down but manage to grow and setting new records (7 consecutive) despite the regulatory issues in 5 States including California (The Biggest market).

As the CEO commented there is a more favorable market outlook specially with the increase of the store counts and the implementation of Salesforce to help drive the online sales. There are several additional improvements that were done in the last 6 months to help drive growth in the years to come.

As far as the evergreen provision, I don't see anything in it (so far) that will prevent me from voting in favor (FOR) to help management attract and secure the best talent available. I will explain this in the next post.
I will suggest again to all interested and serious investors to read what the provision is all about and try to understand how it works. I am completely sure that management in NOT trying to give stocks away like some suggest here. That's pure BS.
Stock options awards is a way to pay collaborators (Non-Cash) for there performance and also brings them onboard in the quest for the "Ne Plus Ultra" status.
They are also closely related to the time when they are issued and the current stock price. They are NOT free, you have to pay the strike price which is normally higher than the stock price at the time is issued .
If approved, the provision will come into effect on January 1 of 2020. What will the stock price be then??
Then apply a 20 to 25% premium, well that will be the strike price of the NEW stock option awards.