CPH 0.00% 0.9¢ creso pharma limited

Ann: Colombian Medicinal Cannabis Acquisition, page-94

  1. 318 Posts.
    lightbulb Created with Sketch. 93
    It's posts like yours that make me stay away from this company. The company will be profitable next quarter? I've seen companies with innovative products and first mover advantage take years to reach profit because they had to build up brand awareness and convince consumers to move away from their existing products. This kind of baseless retail hype always ends up in sustained drops in prices when unrealistic expectations are not met.

    I'll take a small loss now rather than lock in my capital for something that will continue to trend downwards as the company needs more CRs to stay afloat. I do believe CPH has a great future a few years from now but in the medium term it has a lot of cash flow problems that you are either blind to or willfully ignoring due to your own hype.

    @Arthur A gave a much more reasonable response that I can agree with. It will be a long time until profits even though some revenue generation may have started and my concern is that the company is chasing too many leads without enough cash to follow through (which means more CRs, more dilution, more unhappy shareholders, low sentiment until a significant revenue increase is realised).
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.