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22:05
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Originally posted by dmaivn:
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I read Mal's comments in the article and I see AusCann more like a restaurant that does not cooks its own food for the customers. It wants to run around ordering ingredients and get some one else to cook the food (using Auscann's recipe) then take it back to its own restaurant to serve the customers. What I find interesting is the bit Mal claimed “We will have a product for the Special Access Scheme this year, there’s no doubt we’ll have that”. As he did not provide more details on the progress of manufacturing, I think readers have plenty of doubt. All the available info points to June as the time when AusCann will have the hard capsules for trials. What this means is that people can gamble on this expectation. Buy AC8 now and get 40% profit in a few weeks (and get out) or suffer a drop (or the stock stays the same for a few weeks).
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In the last 12 months, the majority of Aust cannabis share prices ran into the ground, AC8 was one of the hardest to hit the ground. At this price, it is tempting but AC8 failed to secure proper seed bank and therefore a farmer to a pharma, relying on someone else. Not a good business model. Will wait out for another 6 months in case the hard pills also turns out to be a false hope.
(20min delay)