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Bevcanna Enterprises Inc C.BEV

Alternate Symbol(s):  BVNNF

BevCanna Enterprises Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company operates through three segments: non-cannabis beverage, cannabis beverage and eCommerce. The non-cannabis beverage segment consists of alkaline and mineralized beverages, which include the development and manufacturing of TRACE brand and other beverages and supplements. The cannabis beverage segment is engaged in the development and/or production of cannabinoid beverages and supplements for both in-house brands and white-label customers. The eCommerce segment includes direct-to-customer sales of natural health products, including nutraceutical and hemp-based cannabidiol (CBD) products. It owns a pristine alkaline spring water aquifer and has an approximately 40,000 square foot manufacturing facility in Osoyoos, British Columbia. The Company has various distribution network that includes traditional and regulated retail distribution, and online marketing.


CSE:BEV - Post by User

Comment by shnepson Jan 10, 2021 9:50am
141 Views
Post# 32262951

RE:RE:RE:RE:RE:RE:RE:RE:Why are all the people from C.OILS/SPR coming here to cry?

RE:RE:RE:RE:RE:RE:RE:RE:Why are all the people from C.OILS/SPR coming here to cry?I haven't read the bullboards for a couple days, until this morning, and when I came across your posting I nearly spewed my coffee across the island countertop. The majority of your statements are hilarious, too say the least. Below is your post and I'll just kind of paste in some comments:

Couldn't agree with you less.  Bevcanna has a solid executive team with a history of bringing winning brands to market, i.e. Mikes Hard Lemonade and Vega.
The management of Bevcanna worked for a large corporation that brought these products to Canada. They were sales assosciates and  middle managers that distributed the products. To say they were responsible is like me saying I was a delivery driver for PepsiCo and between myself and other assosciate drivers were responsible for bringing Powerade to the people of Canada. Very much a stretch of the truth but factual.  Keefs is no joke and would not have joined themselves with Bev is Bev was simply a stock play company. Couldn't agree more. Unfortunately with the company having no money they had to pay Keef's in shares and then a week later twisted the disclosure to say that Keef's has taken an equity position. Total BS spin. The selling of shares by some insiders is normal for a venture complany and most were sold at around .40 - .50 cents in December. We don't know how much these shares have been sold for as it has not been fully disclosed yet. On October 8th Marcello held  7.8 million shares + plus an additional 1.3M since for a total of 9.1M shares. As of January 5th he his 1 million left. The CEO has sold over 6.8M of his shares, this is not normal. You will also note that starting at this same time October is when the shareprice starts moving up. Coincidence. Don't think so. I would suspect he has made a minimum of approx. $5M+ or more over this period and raised the shareprice to approx. $1. Highly orchestrated moves. Now the stock is hovering around $1 and no more internal sales. These are just not posted on Sedi yet. I have seen CEO's take a year and a half till they posted on SEDI showing they sold almost all of their holdings, while their company was collapsing. Not right but happens. The balance sheet is good, Obviously you don't even read your own financial statements. As of September 30th the company had $49,236 in cash and  $2.3M in lialiblites (bills and money owed basically) These guys burn through over a $1M a month. Let's say they are roughly up to over $5.5M+ by the end of December. Guess what! We all of a sudden have a $5M capital injection into the company. This was an immediately needed capital injection in order to keep the company afloat. $1.5M of that was a voluntary purchase of options. SPIN. I have no problem buying $1.5M worth of $0.30 options when I will turn around next week and sell them for between $1 -$1.50. Sure insiders will cough up the additional $3.5M for keeping the company solvent until January 21st because they are going to make millions more from the transaction. That is not a good balance sheet. Again as I have stated before this is the reason for them pushing Naturo acquistion through before your disastrous annual audited statements are released.owed the acquisition of Naturo is good, I will not go into this again as I have covered the absolutely astounding amount of shareholder's dilution forthcoming and the future planning is good. What is this besides more forward looking statements which they have zero obligation to fulfill. The only thing holding them back now is the license issue, which I agree is no small issue. Hello About the hyping of the stock, that is what a promo company is paid to do and any business worth anything has employed a marketing or promo company at some point in their growth. That's right as as shareholders you just paid a promo firm $150,000 dollars for one month's work. So latest NR.  For Bev, they have to promote to ensure the stock price does not stay in the .20 cent range with all the consolidations going on and the growth of their prime competitor Hexo. The only reason for the price acceleration is for the Naturo shareholders to benefit from the transaction and to have a higher shareprice (so they can start selling their 50 million new shares) and after the transaction for the millions of dollars in equity raising they will need  to balance their books and have capital for the future. God only knows how much they are going ask for. Hexo was in the $2.40 range in October and is now at $4.79 .  I think with all the acquisitions and partnerships Bev has done over the last year, Hexo is the closest example of where they are headed, though Hexo is ahead of Bev.   All the bashing about the CEO's internal intentions is simply garbage talk.  This company is solid and none of the moves they have made signal anything less. NOT

Let's set up a drink stand so you can keep buying and drinking the koolaid.
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