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Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, CANAJO and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Post by dart321on May 21, 2022 8:18pm
262 Views
Post# 34700729

Consulting fees

Consulting feesWent through the financials again to see what their working capital looks like, The consulting fees are  off the charts for a micro cap and get this the ""CEO"" gets consulting fees. When have you ever seen a CEO get 10 grand a month in """""CONSULTING FEES""""" plus a wage !!!!!!!! These clowns are milking this company dry with consulting fees, last quarter alone they took over 250k, money drasticly needed for working capital. Money needed right now because they are at their inflection point today not last week or a month ago or two weeks from now but right now. Based on my scans today they do not have enought working capital to produce enough product to satisfy orders, they took all the money in consulting fees. ONE MASSIVE RED FLAG JUST WENT UP !!!!!!!!!!!
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