Replies to post #10885 on CEA Industries Inc. (CEAD)

[Rick_Sanchez]

I agree on your price range.

That said, I think it'll take until the Annual 2019 and/or Q1 2020 reports are released to see this move further. Back to back quarters of positive net income in Q2 and Q3 2019 were excellent steps in the right direction, but keep in mind, SRNA was still carrying a net loss for the year.

If the Annual 2019 report has another strong showing for Q4 2019, with a third straight quarter of positive net income & growth, I think that's when we have the inflection point.

Also, it would seem that 2020 is off on the right start given the news from 2/11. Oddly enough, you know what I like most about that? ZERO talk of revenue. It' strangely refreshing to me to see a firm on the OTC finally have a note of substance with a growth story, without having to try and pump the sales figures that came with it for a short term upward price bump. What also specifically caught my eye with that announcement is scope - servicing clients in Canada, California (west coast), with Oklahoma and Michigan in the middle of the country. Shows that their sales people are engaged with the proper national/international audiences.

If SRNA continues to execute at the pace they have been over the last 6-9 months, the stronger my opinion of them grows as one of the best buy and holds I've seen in a while.