Posted On: 08/25/2014 2:39:46 PM
Post# of 56324
Hello Picon
I was generally alluding to a mechanism for uplist to stay in line with competition. We can see recent moves made via IPO, Reverse Merger etc. on the TSX as well as positioning for NASQAQ traded MMJ indexed funds. The longer term for sector growth has many risks as competing companies vie to capture market share and FITX while positioning needs to be cognizant of market entry from a timing perspective. IMO, this should have been considered and addressed for market entry ahead of the curve instead of playing catchup. To date, no merger, corrections to financials, license inspection or no license inspection., etc., meanwhile we see reverse mergers, IPO.s, NASDAQ positioning, etc. It comes down to management style.
I was generally alluding to a mechanism for uplist to stay in line with competition. We can see recent moves made via IPO, Reverse Merger etc. on the TSX as well as positioning for NASQAQ traded MMJ indexed funds. The longer term for sector growth has many risks as competing companies vie to capture market share and FITX while positioning needs to be cognizant of market entry from a timing perspective. IMO, this should have been considered and addressed for market entry ahead of the curve instead of playing catchup. To date, no merger, corrections to financials, license inspection or no license inspection., etc., meanwhile we see reverse mergers, IPO.s, NASDAQ positioning, etc. It comes down to management style.
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