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Strategies & Market Trends : Ride the Tiger with CD

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To: El Canadiense who wrote (234800)5/1/2014 6:21:46 PM
From: ayeyou  Read Replies (1) of 312759
 
AS of mid April it was supposedly in the final stages of application what ever that means. Brusatore is actually designing the grow facility and he is in line for a 5 million share bonus upon receipt of the permit by AFI. I am unaware of any facility having been purchased as a grow site as yet so I think they may buy into an existing facility and then upgrade it using the whole vertical farming system that is Brusatore's claim to fame.
Honestly where it will go next I have no clue. Its a trader for me and whether I hold another day week or month will depend solely on ticker action and gut feeling just like the rest of the penny crap on Canadian exchanges. There is a strong undertow surrounding AFI re the people involved and how they can make things happen so we will see. I have been in AFI 4 times now and dont have a losing trade yet so I am taking a last flyer before moving this chunk of cash into NAN for the summer season in Greenland.
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