Agree with this thread, I do. I think that its a very good point for holders to remember that in a thinly traded unknown start up, the price can remain volatile for a long time but then suddenly big money can get interested and begin buying which can sky rocket the price and volume. I too think the product is just too good to not have some degree of success. The level of success though will be up to how well management performs. Sales will come eventually, I do not think it is the most important factor for the near term. I think transparency, uplisting and halting the dilution are the primary goals for shareholders right now. Perhaps I am wrong but its just my take.
I think for the longer term, going into the end of the year, etc, sales and revenues are the key and growing the business via marketing, new dispensaries and contracts will be what eventually gets this start up to the promised land. However, for the coming weeks and months the dilution must absolutely come to a halt, management has spent the entire half of this year diluting and raising operating cash to fund business development, now its time to come through with successfully completing those business goals. A big part of this plan I think is to give shareholders transparency which means 10k, disclosure and financial filings. The audit should go a long way in accomplishing all of this as well as perhaps an eventual uplisting to the OTCBB to have access to better funding. It takes time for sales and revenues to come. I happen to be more patient when it comes to growing the business fundamentally with sales, inventory, marketing, etc, however when it comes to necessary and much needed filings and transparency, I am a bit more impatient. These are things shareholders need now, actually they are past due really. Let us not forget all of the great things that have been accomplished already, but it came at a price for shareholders, price declines and dilution. That is all fine, because it has given the company the potential now to go forward with creating a better quality business by way of accomplishing the immediate business goals like the audit and uplisting and financial reporting, not to mention getting the ball rolling with distributors and product, but in my opinion, that potential needs to be converted by management now with actual realized accomplishments on this front. In hand to hand combat, the best footwork involves stepping one foot ahead and then quickly bringing the standing leg closer, and repeat so that each advance gives unrealized potential gain and the second step to bring the feet closer realizes that gain in space. If the fighter extends the foot out and then extends it further and then another step further without ever bringing the back leg in to finish the advance then he will quickly find himself in an overextended split position with is rather precarious and no way to win a battle. Just an analogy but I think management needs to once in a while take the time to bring that back foot in and prepare for another step forward and not just keep pushing that front leg out further and further making themselves an easy target for a kick in the balls by those who enjoy spending a few thousand a day to play with the company stock to scare away investors.
GLTA!
$RFMK!
