Great Question.. With Large sales and expansion
Post# of 75384
(Total Views: 696)
Posted On: 11/15/2018 10:18:13 AM
Great Question..
With Large sales and expansion on the way(hopefully shortly) it should be easier to start making a dent on the existing share structure.
IMO, the biggest challenge of the company,even more so than intially breaking into the CBD space, is reducing the not so great share structure we have been dealt with due to past management,financing,etc...
It is the single reason why we the share price is stuck at this level.
We are at the point where we need the larger sales to counteract the dilutiuon/added shares from the financing. After we get to a point where the sales are greater than the financing needed for daily operations/salaries, then I think Management can start to initiate an extended buyback plan .
It would be cheaper to do it now, but you would need a large influx of capital /creative deal(always possible but not expecting it).
The good thing is if we get some mega deals,some viralness and sales start snowballing , we may be able to reduce the share structure much quicker than many anticipate. This would be a perfect outcome though and an outlier- but in the realm of possibility.
On the flip side of that, if sales do not grow as quickly as anticipated and more financing is needed for daily operations then the company would eventually have to do a R/S. This is also an outlier but always keep in mind we are a penny stock(try to keep it real)
whatever the case- Management knows that reducing the current share structure is a major goal for the company. I am confident that we will have soon have the sales to start that process.
With Large sales and expansion on the way(hopefully shortly) it should be easier to start making a dent on the existing share structure.
IMO, the biggest challenge of the company,even more so than intially breaking into the CBD space, is reducing the not so great share structure we have been dealt with due to past management,financing,etc...
It is the single reason why we the share price is stuck at this level.
We are at the point where we need the larger sales to counteract the dilutiuon/added shares from the financing. After we get to a point where the sales are greater than the financing needed for daily operations/salaries, then I think Management can start to initiate an extended buyback plan .
It would be cheaper to do it now, but you would need a large influx of capital /creative deal(always possible but not expecting it).
The good thing is if we get some mega deals,some viralness and sales start snowballing , we may be able to reduce the share structure much quicker than many anticipate. This would be a perfect outcome though and an outlier- but in the realm of possibility.
On the flip side of that, if sales do not grow as quickly as anticipated and more financing is needed for daily operations then the company would eventually have to do a R/S. This is also an outlier but always keep in mind we are a penny stock(try to keep it real)
whatever the case- Management knows that reducing the current share structure is a major goal for the company. I am confident that we will have soon have the sales to start that process.
(13)
(0)