JMatrix if you have a question about a comment I m
Post# of 56324
Posted On: 10/29/2014 5:00:19 PM
JMatrix if you have a question about a comment I made please feel free to ask me for clarification and I am happy to respond. I will take the initiative here and answer your concerns. If you may have noticed the PPS has dropped steadily for the last 8 weeks. While I do believe the company has done an excellent job structuring the company for long term position I also feel that being perhaps more attentive with Lakeshore would probably have been better than letting the issues we all are familiar with become issues like they did. Sometimes you just have to handhold, go out to lunch, meet the people, etc., and having someone who knows how to represent your company in it's best light is a management decision. Also, addressing (to shareholders) how SS will impact a merger and uplist tends to comfort shareholders (if this is still the plan). Again, that is a management decision.
Look at the alternative:
Townfolks in an uproar
License becomes a possible legal issue
150 million shares (approx) dumped in 8 weeks -- Share Structure?
While I do expect these issues to all work out I also feel they could have been better managed. When you have a full plate you need to delegate responsibility to your key people to minimize problems which directly impact your shareholders that you expect to buy your company stock.
To me....this comes down to management
Again, the company has done great things in a short time and I expect they will cross the finish line with getting a license, building grow pods, growing crops, market, distribution, etc., its a tall order and needs professionals making day to day operations. I will add to this that a delay in getting licensed would IMO slow the company operations in order to minimize costs. This of course also has an adverse impact to shareholders (longs) but at the same time creates an opportunity to buy.
Ultimately,
It all comes down to management decisions, some are great, some not so great, some poor but ultimately, I will be right there buying on dips.
Look at the alternative:
Townfolks in an uproar
License becomes a possible legal issue
150 million shares (approx) dumped in 8 weeks -- Share Structure?
While I do expect these issues to all work out I also feel they could have been better managed. When you have a full plate you need to delegate responsibility to your key people to minimize problems which directly impact your shareholders that you expect to buy your company stock.
To me....this comes down to management
Again, the company has done great things in a short time and I expect they will cross the finish line with getting a license, building grow pods, growing crops, market, distribution, etc., its a tall order and needs professionals making day to day operations. I will add to this that a delay in getting licensed would IMO slow the company operations in order to minimize costs. This of course also has an adverse impact to shareholders (longs) but at the same time creates an opportunity to buy.
Ultimately,
It all comes down to management decisions, some are great, some not so great, some poor but ultimately, I will be right there buying on dips.
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