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Bullboard - Stock Discussion Forum
Lotus Ventures Inc
C.J
Alternate Symbol(s):
LTTSF
Cannabis
Lotus Ventures Inc. is a Canada-based licensed cannabis producer and owner of the Lotus Cannabis Co. brand. The Company primarily cultivates cannabis flowers, which are sold in the wholesale, recreational, and medical markets across Canada. The Company owns and operates a 22,500 square foot indoor cannabis production facility in Armstrong, British Columbia and holds the licenses for cultivation...
and sale of cannabis in Canada. It has grown several cultivars, including the Keylime Kush, Black Blossom, Tranquil Elephantizer, and Kalifornia. Its Keylime Kush recreational portfolio includes 3.5 gram flower, 14 gram flower, and 3 x 0.5 gram pre-rolls. The Company sells its flagship product, the Keylime Kush, to over 300 retail stores across British Columbia and Ontario.
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(35)
•••
travdd
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Comment by
travdd
on Feb 02, 2022 12:25pm
RE:Lotus Ventures.
According to the company, one of their wholesale buyers was purchased by another company and they stopped their purchase agreements. They had to find a new partner to sell the inventory to, which it
...more
(5)
•••
Plainview
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Post by
Plainview
on Feb 01, 2022 9:32pm
Lotus Ventures.
The most recent financial disclosures are quite telling : 1) the streaming partner is no longer taking product from them. 2) this means in the past as much as 75% to 100% was sold to 1 buyer who now
...more
IAMGOLD Reports First Quarter 2024 Results
posted May 10, 2024 9:00am by
IAMGOLD Corp
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"IAMGOLD started 2024 with very strong performance across its operations, projects and in health and safety," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "At its operations, the Company reported attributable production of 151,000 ounces. This outperformance was driven by stable operations and positive grade reconciliation at Essakane, coupled with Westwood achieving its highest quarter of ...read more
(45)
•••
undervalue
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Comment by
undervalue
on Feb 01, 2022 6:05pm
RE:RE:Farce
Total pompous buffoons. Seeking covid wage relief 2 years after the start of covid. Charging over a million on bonuses and consulting fees, over the same time, but, the basics have not been
...more
(1)
•••
coolwm082
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Comment by
coolwm082
on Feb 01, 2022 1:59pm
RE:Farce
And it’s time to start asking how the news of the quarters always comes out weeks before earnings. Stock tanked from 12 to 6.5 on insider info. As always. I’ve been out for a long time but still
...more
(45)
•••
undervalue
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Post by
undervalue
on Feb 01, 2022 11:00am
Farce
Spent 2 minutes on the financials. There is 240 k cash at q end. In and around the q end, directors loaned around 250k to the company at their usual, let's have a party rate of just under 10
...more
(45)
•••
undervalue
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Post by
undervalue
on Feb 01, 2022 10:39am
The earnings
Of a poorly run variety store. 65k on 17 million of assets. Management sent out thoughts to other growers that were affected by the same problems. Here is an issue, the thoughts
...more
(5)
•••
Plainview
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Comment by
Plainview
on Jan 17, 2022 9:59am
RE:RE:Annual Financials Next Week
There are no M&A buyers for this company, period. At any price.
(5)
•••
Plainview
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Post by
Plainview
on Jan 17, 2022 9:56am
J -Lotus
The problem with addtional capacity, and its costs, is the distress signals it send out. Veridian Capital, a very well respected cannabis investment bank has a 3.x threshold for predicting insolvency
...more
(2)
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AngusHung
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Comment by
AngusHung
on Jan 15, 2022 4:30pm
RE:RE:RE:RE:ahhahahahaha I cant believe I own so much of this trash.
I agree this is a dead horse. hopefully they get some pump and dump action, if they ever get the money for the expansion and I can exit this stinker of a stock. Dale, Carl and friends have
...more
(45)
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undervalue
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Comment by
undervalue
on Jan 14, 2022 4:23pm
RE:RE:RE:ahhahahahaha I cant believe I own so much of this trash.
Want to see why the expansion will be a disaster, check out Hyde Advisory. Dozens and dozens of facilities for sale. All for a fraction of what Lotus will pay for an addition.
...more
(45)
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undervalue
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Comment by
undervalue
on Jan 14, 2022 12:12pm
RE:RE:ahhahahahaha I cant believe I own so much of this trash.
Lets say some entity lends them ten million for an expansion, what do you do? Assume they will try and pump up their bag holders list. The stock might have a rally. Take the opportunity to run for the
...more
(45)
•••
undervalue
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Comment by
undervalue
on Jan 06, 2022 10:33pm
RE:ahhahahahaha I cant believe I own so much of this trash.
When you look at the financials, it is apparent mgt does not care about shareholders or share price. They are milking the company. No one has any faith, if they attempt to justify their
...more
(2)
•••
AngusHung
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Post by
AngusHung
on Jan 06, 2022 6:23pm
ahhahahahaha I cant believe I own so much of this trash.
There goes the thought that 2022 would be a good year for lotus. maybe 2023?
(45)
•••
undervalue
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Post by
undervalue
on Dec 31, 2021 10:00am
Cost of expansion
The wardens keep talking about expansion. This building was very expensive. With supply chain issues, the cost of building, despite using some of the infrastructure in place will no
...more
(5)
•••
Plainview
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Comment by
Plainview
on Dec 31, 2021 6:40am
RE:RE:RE:RE:Annual Financials Next Week
Re: Lotus It appears consultant category of expenses is a permanent cost. This is highly likely paid to management- one or two insiders. The bonus is more likely for the 2 all star growers they
...more
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