It was garnocks infusion of capital.... Disney thing was there before I got in at .0015-.0020.... I didn’t buy in cause of Disney though... I bought in on revenue, I believe it was 1.1 million, while the market cap was 3 million. Disney stuff was barely talked about when I got in, just a couple posters highlighted it.... in any regards, the company always talked about Disney revenue being to costly to capitalize on during their conference calls, same with ice cream.
The gummy’s ended up being the same story, as they spent a vast amount of capital to expand from 4 teams to 32 teams for the 2020 season to go into a national retailer(TJmaxx). The Season was all messed up last year, but I think Verus kept hope that TJmax would still receive the product, instead of looking for new retail spots, which was a major mistake.
It would be like putting all your money in one stock, then act shocked when that one stock goes down, your account looks terrible
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