I don't think they've done a reverse split. I did a previous private placement with these guys and the stock reached crazy valuation too. A billion+ market cap seems stupid but they do seem to have a nice system and organic may surpass marijuana in value to them.
Talked with company yesterday and they said the container system can produce just as much value from organic butter lettuce as from marijuana.
Obviously they are pursuing sales in both markets but interesting angle.
I doubt many investors would figure organic vegetables could be that lucrative. But how many grocery stores, restaurants and farmers need organic vegetables? A Lot. This system would allow them to have a self contained system nearby that produces fresh produce continually.
That said, I wish my shares were liquid and deposited in my brokerage acct. I would take the profits and run.
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