They are just now getting into a position in which
Post# of 75388
(Total Views: 473)
Posted On: 02/05/2019 8:26:43 AM
They are just now getting into a position in which they'll be able to leverage their lucrative contracts, as well as legalized hemp, to secure conventional financing. They are now exploring all viable options for reducing the authorized and outstanding shares.
One thing people need to keep in mind is that this management team has "skin in the game" so to speak. They have taken a great deal of common shares in lieu of cash as compensation for their efforts, from which we've seen incredible progress since the founder's departure. As a matter of fact, they are still taking 20% of their annual salaries as common shares.
Their incentive to increase share value is strong, and the deals they've inked are amazing in that they generate a very minimal need to tap into their current financing, especially as the very large purchase orders start rolling in, which we are about to see happening.
One thing people need to keep in mind is that this management team has "skin in the game" so to speak. They have taken a great deal of common shares in lieu of cash as compensation for their efforts, from which we've seen incredible progress since the founder's departure. As a matter of fact, they are still taking 20% of their annual salaries as common shares.
Their incentive to increase share value is strong, and the deals they've inked are amazing in that they generate a very minimal need to tap into their current financing, especially as the very large purchase orders start rolling in, which we are about to see happening.
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