The spin off doesn't mead CENB is immediately goin
Post# of 56324
Posted On: 09/24/2015 11:33:17 AM
The spin off doesn't mead CENB is immediately going to be back where it was when the entire industry was going wild with valuations. Based on current valuations of the FITX pps if the shares were converted today the CENB pps would be $4.00. From there the company will still need to clear the same hurdles as before but will be able to do it without any other side businesses attached other than MMJ and Hemp. AKA a cleaner balance sheet and business plan.
They have also proved another set of basher points wrong and the more of those that get checked off the list the stronger our valuation and floor will become. Regaining our losses and looking forward to the big gains we want is still dependent on the JR and NAFTA suit so this is still a long term investment. Im just hoping after the spin off that they hold the CENB share structure the same and can manage expenses/rely on some debt until the legal stuff is out of the way so investors can recoup some valuation losses before any future need to issue new shares.
Regarding our competitors, remember the MMPR plant is just one piece of our company and we wont be selling moldy stuff.
They have also proved another set of basher points wrong and the more of those that get checked off the list the stronger our valuation and floor will become. Regaining our losses and looking forward to the big gains we want is still dependent on the JR and NAFTA suit so this is still a long term investment. Im just hoping after the spin off that they hold the CENB share structure the same and can manage expenses/rely on some debt until the legal stuff is out of the way so investors can recoup some valuation losses before any future need to issue new shares.
Regarding our competitors, remember the MMPR plant is just one piece of our company and we wont be selling moldy stuff.
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