Dadon, I opened your post to my usual anticipation
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Posted On: 12/24/2018 1:08:37 PM
Dadon, I opened your post to my usual anticipation of an upbeat commentary and was bummed to see it was less than that. You may know stuff I don't, but here's my take on where we are ...
1) The Mexico deal was and remains huge. It's taken longer to roll out than anticipated. No surprise there for me. If the actual number when the money lands is anywhere close to the numbers that have been bruited about, we'll be on solid ground even if our other lines go nowhere (which I don't expect).
2) The pathetic stock price is in part attributable to the current market chaos. If it stays pathetic after an official PR of a huge deal, then I'll start to go 'wha-?'
3) In management's haste to move fast, they've cast a lot of lines into the water. It's what I've heard called the Google strategy. Throw lots of stuff against the wall and see what sticks. We've got FitWhey, Eagle Spirit, HEMPd, the legacy brand RMHB. Some will do great, others not so much. Expect to see a lot of paring and shifting over the months ahead. The 'agile company,' right?
4) CJC Live was a big 'oops' belch. Wish it hadn't happened, will wait and see if it eventually produces something. Not fatal, and fortunate that they got out when they did.
5) My hunch is that management is focusing on where the revenues are (Mexico/private-label deals) and backing off the other stuff for now. Better to do one or two things well than a lot of things not so well. Triage, like I said in an earlier post. The team is over-extended.
6) Overall, I continue to have faith in management, and also in the company. I'm hoping to see a $20M deal in the next couple weeks, or a $30M deal, or even a $100M deal. If/when that happens, I think the mood will shift considerably. We shall see.
Thanks as ever, Dadon, for your contributions. And Happy Holidays to all!
1) The Mexico deal was and remains huge. It's taken longer to roll out than anticipated. No surprise there for me. If the actual number when the money lands is anywhere close to the numbers that have been bruited about, we'll be on solid ground even if our other lines go nowhere (which I don't expect).
2) The pathetic stock price is in part attributable to the current market chaos. If it stays pathetic after an official PR of a huge deal, then I'll start to go 'wha-?'
3) In management's haste to move fast, they've cast a lot of lines into the water. It's what I've heard called the Google strategy. Throw lots of stuff against the wall and see what sticks. We've got FitWhey, Eagle Spirit, HEMPd, the legacy brand RMHB. Some will do great, others not so much. Expect to see a lot of paring and shifting over the months ahead. The 'agile company,' right?
4) CJC Live was a big 'oops' belch. Wish it hadn't happened, will wait and see if it eventually produces something. Not fatal, and fortunate that they got out when they did.
5) My hunch is that management is focusing on where the revenues are (Mexico/private-label deals) and backing off the other stuff for now. Better to do one or two things well than a lot of things not so well. Triage, like I said in an earlier post. The team is over-extended.
6) Overall, I continue to have faith in management, and also in the company. I'm hoping to see a $20M deal in the next couple weeks, or a $30M deal, or even a $100M deal. If/when that happens, I think the mood will shift considerably. We shall see.
Thanks as ever, Dadon, for your contributions. And Happy Holidays to all!
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