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Bullboard - Stock Discussion Forum Lotus Ventures Inc C.J

Alternate Symbol(s):  LTTSF

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... see more

CSE:J - Post Discussion

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Post by Edcando on Feb 12, 2021 5:20pm

HOW

Have I never heard of this company before (and I live in the okanagan!)??. I may be missing something here so please tell me if I am, but this is looking like my next loader!!!!! I definitely understand the frustration with a low volume stock That doesn't want to seem to move, but I'm a sea of absurd valuations this at first glance seems to hit all the high notes (low share structure, trading under asset value, heck trading low to sales, expansions and retail license coming). Definitely going to spend the weekend looking into this more, but I feel Tuesday I start buying .GLTUA
Comment by travdd on Feb 13, 2021 3:04am
Nah, this is actually that gem nobody has heard of yet... I'm getting the feeling its gonna pop decent next week based on all the new interest I've seen today and yesterday, but if you want any dd or confirmation on anything you've read, join the Lotus Cannabis Co. Investors Group on Facebook...
Comment by Edcando on Feb 13, 2021 4:02pm
Perfect thanks. Yeah I shared the info woth a bunch of fellow investors coming off some nice gains looking for another undervalued play to put some out profits into. This is definitely a contender for us. I also like that it's local for me. Support local lol
Comment by DOOMSDAY79 on Feb 14, 2021 6:19pm
Keep dreaming. The management is corrupt, they wont let this thing fly. 
Comment by Edcando on Feb 14, 2021 7:29pm
I'm sorry you feel that way. If I'm missing something I did ask to be pointed out to it, but if the biggest problem here is "management won't let it run" then that's pretty good. I'm a value investor not a trader (of course trading is valid). When an investment makes sense to me like a friend asked me to invest in their company (and I like the books/potential) then I ...more  
Comment by DOOMSDAY79 on Feb 18, 2021 7:46pm
Good for you. There are tons of exampleas where SP has gone to cents and eventually with time have gone to dollars. Bit talk about LOTUS here whqt has changed. The whole cannibas sector is on fire and where is LOTUS. Investors are not here tomlick the fundamentals, investors invest to make money. You can tell all the fairy tales and brag about the fundamentals. But the bottom line is " ...more  
Comment by Edcando on Feb 18, 2021 8:21pm
I honestly grabbed my glasses so I could address all your points then just skimmed it anyways lol. I'm sorry, it just sounds like a lot of butthurt . I get it I've gotten frustrated with some of my holdings too. I generally don't spend a lot of time venting those frustrations because if I become that disillusioned I just sell and move on. However I will address the few points I did ...more  
Comment by DOOMSDAY79 on Feb 18, 2021 9:56pm
Lolz, I wont even bother reading this essay of yours. Lot of investors who are long in this company knows what happened in last few years. We experienced it so all the white wash that you have tried means nothing. Yes, we all do investments, some are good some bad. Not only me , there is tons of early investors ready to exit as soon as they cover bot of the losses and asks are showing how many ...more  
Comment by Edcando on Feb 18, 2021 11:47pm
Lol of course you won't. Never expected you too. Like who in their right mind would bother reading answers to questions and pints they bring up.? Obviously not anyone genuine. It's simple. It's not that I'm necessarily any better at finding value than you or someone else, but rather that we didn't make the same mistake. Lol. I bought other companies at the wrong time for too ...more  
Comment by DOOMSDAY79 on Feb 19, 2021 5:42pm
You are not a troll but paid troll of Lotus. Go and work to make this stock work, instead of explaining your company fundamentals here. SP will reflect your fundamentals. And i will sell when I will feel like. I dont need advise from you for that. Concentrate on next PP @ 5 Cents or less for insiders and there froends and family and they will throw a little bone in options to you as well so ...more  
Comment by Edcando on Feb 19, 2021 6:47pm
I'm neither numbnuts. It's obvious why you're upset while unable to refute even one point I made.  You're right.  You don't need help. You know exactly why you're still here with the attitude you have . You could definitely use some help with hooked on phonics though. It's "advice " . I also seem to remember mentioning I just got here. I have no idea ...more  
Comment by DOOMSDAY79 on Feb 19, 2021 7:34pm
Sp speaks for everything. Tight float, profitable company with fundamentals bla bla. We have been listening this from last 3 years.  Till then, its a Sh@@y company with corrupt management.
Comment by Edcando on Feb 19, 2021 8:15pm
No it actually doesn't. Sp only speaks to what people feel (not think) a company is worth. Canopy is "the king of weed" trading at 45 times sales bwahahhaaa and losing hundreds of millions of dollars generating those revenues. Worse yet , they'd be over valued even profitable . It's ok to have forward thinking for a growing company or sector. However it must be toned down the ...more  
Comment by DOOMSDAY79 on Feb 19, 2021 9:08pm
Paid troll of Lotus. Thats where all the money is going, paying troll like you. Thats how they spent $600k for consulting, I am sure you got some bones out of that $600k too. Come and brag when your companys SP speaks for your fundamentals and success. 
Comment by undervalue on Feb 19, 2021 9:33pm
Very late to a story where mgt shortcomings should not be overlooked. Over 500k in last q bonus is absurdity.  Buy away, you are just joining the incumbent list of suckers, including myself. 
Comment by Edcando on Feb 19, 2021 10:01pm
See there you go.Thank you for sharing something I hadn't looked at yet. I just started looking into this past week. At this price I don't know if that's enough shenanigans to deter me much , but these things are good to know as patterns in behaviour form. Of course I'm sure this isn't your only holdings. We've all been victims of some shenanigans we didn't like (pp at ...more  
Comment by Edcando on Feb 19, 2021 9:41pm
So to recap, you are unable to refute even one point I made? That's what I thought. Profitable company? Check. Trading UNDER asset value ? Check. Small share structure? Check. Low cost to produce premium product? Check. Expansion coming (read more product to sell)? Check. Retail license coming (read more profit per gram)? No reason to think it won't (ergo it's ok to have some forward ...more  
Comment by undervalue on Feb 20, 2021 11:08am
No need to refute, we all had the same thoughts years ago. We have not been rewarded. Mgt. Can take down even the best business model.  Read Buffett and Munger. These guys do needless dilution below market price to themselves.  Then eat the next q results in bonus payments. Refute that. Ps they will take down your reputation as well. Check.
Comment by Edcando on Feb 20, 2021 12:17pm
Dude, we were off to such a great start then you had to go all doomsday lol.  Lmfao! How exactly would they "take down my reputation"? Lol . I run 2 companies and they both have great reputations (as do I as their owner). If you somehow meant my "stock reputation"  that also makes no sense. I've said nothing pumpy nor have I made any price predictions or timelines ...more  
Comment by AngusHung on Feb 21, 2021 9:21pm
1.  It is trading below asset value.  But they also paid about twice what its worth to build the place.  1000$ a sq ft seems alittle on the steep side for wide open rooms wouldnt you say? and they paid nearly twice what its worth to buy the land that the building is on. and ive heard there may be massive power upgrades to get the power for the second facility. so maybe they over ...more  
Comment by Edcando on Feb 21, 2021 9:46pm
Thank you for the reply. I dispute some of the points but valid none the less. I will say one thing I don't like is low insider ownership. I guess time will tell how things work out. Definitely looks like a far better investment now than in the beginning , but I guess that can be said about most of companies in the sector. I am acknowledging your negative points, but I'm also tempering ...more  
Comment by Caffinated5 on Feb 19, 2021 7:20am
Great post very well said!