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It’s difficult to ignore how the share price has been since CVJ took over as CEO and how bway shares have risen since he left them, this is his opportunity to prove himself to us shareholders and the board of directors, anything short of extraordinary and I think he gets a vote of no confidence
Definitely be interesting to see what happens, CVJ hasn’t lived up to expectations yet imo, but this is supposed to be his area of expertise time will tell if he can deliver
I agree with that LongLad, Ed has proved himself useless at investing, I’m happy to recover as much as possible here and Move on. I will continue to invest in cannabis stocks the industry isn’t dead in the water like matador says, this fund is dead in the water we are on borrowed time for sure with Ed running the business
Reclassification is a move towards sorting the banking problem in the USA, Biden has pardoned people convicted for cannabis offences they obviously have an eye on the potential tax revenue, and the USA isn’t the only market Europe is moving quickly towards legalising recreational use as well, and don’t forget medical cannabis thats a massive market, things are getting better not worse imo
As for Ed I’m not convinced he could recognise a good opportunity, you have a higher opinion of him than me Matador
I’m not sure they have to tell anyone anything after they dropped below 3%, they might let their own investors know but I haven’t looked at their website
Like you Doppo I was hoping for at least 1 sale this year I think it would have made things so much easier for CVJ, It’s been a roller coaster for sure, but some good news and this 10-20 bags in months. A raise at a discount would hold things up for some time, a raise at a premium would give the market huge confidence and everyone will start buying and selling will stop.
Another company of mine raised £1.8 million recently at 15% discount and the share dropped by 30% immediately and it hasn’t recovered since, I’d hate to see the same happen here my wallet has been hit about as much as I can take for now
Maybe someone is working on a synthetic xenon that would be amazing for us
I’d feel better if xenon wasn’t as rare as it is, as gases go it’s like rocking horse s.hit
It all depends on how good CVJ is at pulling everything together, he highlighted his previous success in these matters in his introduction of the last presentation and the CFO did the same, time will tell if they’re as good as they say, or if they’re just blowhards
I think the 3 big MRI companies could come together with the funds and keep polarean independent and make sure neither of them get locked out in the future, success for us is good for them in respect to future mri sales
I’m 100% in agreement JJ7 I think the market cap is so low the chance of a big partnership deal at a premium is really high, there could be competition from several companies for the chance to get part of the action
Most companies will know it would cost them $100 million + and years of work just to get to where we are now, so it’s has to be an attractive opportunity for them imo
Usually the month for the final results, I’ll be honest I was hoping for a couple sales post period to make it look more financially appealing going forward. still time for that to happen but not much tbf
cvj plays his cards close to his chest so lets hope he has some nice surprises for us, otherwise it’s 1 polariser and a bottle of gas that we know about for last year sales, and some reductions in running costs.
Might not get a great response from the market, it really all depends on partnerships and future funding imo
America has announced plans for reclassifying cannabis today
https://www.bbc.com/news/world-us-canada-68932612
A good fund manager would be finding opportunities
It’s nice enough to get some money back and it won’t take me long to reinvest, but I initially bought shares in seed because they promised to get private investors access to businesses we couldn’t otherwise access, startups and unlisted companies then grow them and take them to IPO that’s where the real money should have come from, but Ed has proved himself to be useless at that so a dividend is welcomed, shame he couldn’t deliver on that promises
🤣 he does have good hair, and I would support that special dividend for sure
All the news about our investments is depressing that’s probably the worst for some time, maybe a bit more investment and support from Ed and Alfredo could have avoided that situation, but it would require them doing some work so I can see why they didn’t bother
I’m a frustrated Chelsea fan, and a frustrated long term holder of seed, everyone will see Ed for what he is eventually, even you newbies that think a £4 million fund can support dividends, I don’t think it can hence my frustration
You’re hilarious 🤣
This is supposed to be a growth fund not an income fund, Ed and Alfredo are supposed to be finding opportunities for investment, not throwing the towel in by giving away the leap gaming money, which by the way was supposed to be multiples of what it ended up being