Growth and cash flow1 Oct 2020 08:31
I am a holder of this stock since 9p. Whilst I wasnt expecting anything from the 2020 results and some important actions have taken place during the 1st quarter I have these thoughts
With such a low cash position how will they find the stock they need.
Lets imagine they produce 1 million packs of chill which is the brand that has the biggest potential
that costs them several mil to produce.
They sell them at $11 thats 11 mil they supposedly get half. So 5.5 mil
So the issue is to make real money assuming these sell well they would have to produce and sell millions of packs to get the valuation currently reflected
where will they get the money to scale