I'll play with you mate.
What's changed is the nonsensically lengthy time frame and relentless drain on this company's cash reserves.
And THC are not alone in this currently leaky boat.
Investors are starting to realize they've been blindsided by some very sleazy people in this MC space.
THC/CAN/AC8...take your pick.
The seed investors and management have taken us all for a bit of a ride. Promised big and delivered much less.
Not helped by all the red tape either from a government that talks a big corporate game but walks a regulatory nightmare.
ODC has spent two years granting licences to companies that couldn't use them but kept us in the queue.
If Australia was really serious about being a leader the ODC would have expedited applications on a 'ready to rock and roll' basis rather than a first in first served one.
So now the whole MC space here is years behind the curve and facing foreign oversupply and falling flower prices.
Next CR will probably be at 20c.
I won't be involved because I sold all my stock in the past month...but it won't matter because when they do announce the CR we'll all have the chance to buy as much THC as we want at 20c a week later...
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