Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-21

I have been following this company since IPO. Most of their announcements whether positive or average have been picked up on a media platform of some sort. The merger, with its scale and significance in the industry alone, was barely picked up in media platforms.

Then their 4c was released with not only significant increases in their revenues but the profitability of close to $7mill and there has not been one mention of it anywhere…..even as an ASX company in general (looking outside the cannabis space) this is a huge milestone in itself.

Contrary to what most would expect to be a cause for SP increase the SP has gone and stagnated and every time it looks at pushing higher than the 30-33 cent mark it is immediately sold down. Seen it happen plenty of times before when public companies become profitable they make good takeover targets. It’s easier for the acquirer to pay a premium on 30cent than it is on 50cent…Either that or management don’t care about increasing the value of shareholders investments or at the very least restoring IPO price.