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Posted On: 08/23/2023 12:38:21 PM
Post# of 74803
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Re: little lou #73757
Hi Lou! I have been fairly quiet on the board these days, but still watching. We know that they'll hit the ground running in the U.S. once the FDA is finally forced to treat CBD as they have all other nutritional supplements. We know this because we know that they already have the trademarks and the formulas in place and they're ready to take them to market once the risk of prosecution has been removed via the creation of official regulatory guidelines.
What they are now doing to be ready for that is the TRUE "turning around" that we all want to see. The pps rising due to increased speculative interest is great to see, but what we really need to see is just what we have seen in the most recent quarters, and that's consistent growth. The rising pps will then be accompanied by the impressive growth of earnings per share and a constantly improving price to earnings ratio which will ultimately draw new investment interest. With strong fundamentals backing it, the share price can trend upward instead of just being jerked up and down by flippers. Hopefully it happens quickly enough to allow for some favorable adjustments to the share structure as well.
I know the management group would love to see that too. They all hold a lot of common shares, so if we win, they win.
What they are now doing to be ready for that is the TRUE "turning around" that we all want to see. The pps rising due to increased speculative interest is great to see, but what we really need to see is just what we have seen in the most recent quarters, and that's consistent growth. The rising pps will then be accompanied by the impressive growth of earnings per share and a constantly improving price to earnings ratio which will ultimately draw new investment interest. With strong fundamentals backing it, the share price can trend upward instead of just being jerked up and down by flippers. Hopefully it happens quickly enough to allow for some favorable adjustments to the share structure as well.
I know the management group would love to see that too. They all hold a lot of common shares, so if we win, they win.
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