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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

Comment by dart321on Jan 07, 2023 4:41pm
145 Views
Post# 35209061

RE:So Dart321 as a major shareholder here …

RE:So Dart321 as a major shareholder here …In my opinion the perception here is based off of the financials for two reasons. First I think the worst of the two is the CEO and a board member are giving themselves huge consultant fees I mean where have you ever seen a board member get such huge consultant fees and the real bad one is the CEO gets a very strong wage and a consultant fee of the same amount. That gives the investing public the perception of fleecing the coffers. The second issue is the cash on hand at the end of the last financial report. This also gives the perception of not having enough money to keep up with increasing orders. To be fair the lack of cash has not looked to be an issue so one must assume they funded with a bit of cash and the accounts receivable are strong enough to keep filling orders. Until they stop with the fees and change the perception I wouldn't think any investor would be interested in buying this stock just the penny flippers, no real investor.  
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