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Investorara15

10/22/20 10:28 AM

#5918 RE: damAcon1 #5917

One thing I can tell you guys is that just because these deals are currently being terminated, doesn’t mean they are completely off the table and that SHWZ may not revisit them once the Starbuds deal is closed.
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Hooparena

10/22/20 10:37 AM

#5919 RE: damAcon1 #5917

The article was published on Oct 4th and the share price of SHWZ was $1.15. The Canyon deal was still on the table so the writer believed that the Canyon deal wouldn't go through but calculated the Starbuds and Rootsrx deals would bring a pro forma price of $2.74 for Starbuds and $3.30 with adding Rootsrx. In my view, JD must believe these numbers make it worth to pull the trigger on these deals despite an added cost and dilution. As JD has stated, he will only do deals that will add value and profitability to the bottom line. By pulling the trigger and getting these deals completed will turn the tide and bring value to the share price and also show that JD's experience can bring added value to the company.

The believers on this message board (like myself) believe the Starbuds deal will be completed as stated by JD but imagine if we can an additional $.56 a share if the Rootsrx deal is also completed. That would be huge and then JD can begin to look at other possible deals in the future. I believe we won't hear about any new deals until all of the previous AW's deals are either completed or terminated.
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Future2016

10/22/20 11:05 AM

#5920 RE: damAcon1 #5917

The thing about that article is I don’t understand how we currently aren’t undervalued here. In 2019 this was a $20 million company with Mesa and Purplebee’s. I don’t see how a market cap of under $50 million is justifiable.