Reason #3: VFRMD Is Highly Undervalued
Since the company announced its reverse split, there has been quite a of pressure on Veritas Farms’ stock. While this pressure has been unfortunate for the company and investors already in the play, it’s good news for others considering an investment.
At the end of the day, the recent declines offer a discounted opportunity to get in on a potentially large opportunity.
With the retail distribution news today, it’s hard to imagine why the value of the company would shrink from here. All in all, with aggressive marketing, growth is likely ahead.
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That RS made no sense, i’m still trying to understand why would a CEO would perform a RS with only 155 m OS. This was a stupid move
The purpose of the RS had nothing to do with shares outstanding. It was to line the company up so that it could uplist to a major exchange. Actually, a very smart move that was taken out of context by the investing community.