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Bullboard - Stock Discussion Forum Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a Canada-based company, which is a federally regulated manufacturer and distributor of cannabis vapes and oils under its brand, Glacial Gold. The Company is a cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. It commercializes its intellectual property... see more

CSE:OILS - Post Discussion

Nextleaf Solutions Ltd > Corporate Update
View:
Post by GreenWave85 on Feb 01, 2022 6:26pm

Corporate Update

I don't think there was a lot of surprises here. I'm not sure why there's so much increased negativity on the board. Were the financials good? No. Were they bad? Yes. But we knew that was going to be the case. Now I've been pretty openly critical of the neverending calls for patience and assumptions that next quarter will be better. But here I am, this one time suggesting ( after doing your own research) to consider seeing how this plays out over the short-term. I won't lie and say that I don't have my reservations (they are well documented) but do I dare say "this time is different"? In short, yes. Does it mean NL will execute on their plan? No. But I hope that they will and I'm personally willing to give them a chance here and increase my stake. NL doesn't have a long leash here. Investor confidence and interest is dwindling ......................................................................Cut costs. Salaries and other compensations should be reduced to reflect the true financial position of the company. This will help stop the bleeding and give them more time to get the national roll-out up and running.
Comment by Soopyspoon73 on Feb 01, 2022 6:37pm
Listen if we are at a point we're this majestic tech needs them to cut cost to make money it means it's not doing its job as advertised hello I'm sorry you can sugarcoat it as you like but the fact of the matter is the tech is not doing what it's ment to and that to drive cost of production way down if your buying really cheap flower and still cutting a profit I think a change is ...more  
Comment by Soopyspoon73 on Feb 01, 2022 6:46pm
What if they raise another 3 million and dilute us by another 20 million shares ehat then let's hope that doesn't hapoene 
Comment by stealthct on Feb 01, 2022 8:30pm
There last raise won't Last long. Don't you know how much salaries are for a minimum of 25 people, average 60k per year per person as an example. That's over 1M in one year
Comment by LastoftheFranks on Feb 01, 2022 9:08pm
Interested to see the sales growth Oct-Dec as they expand store saturation through BC. 
Comment by stealthct on Feb 01, 2022 10:24pm
not me
Comment by Soopyspoon73 on Feb 02, 2022 1:49am
Let's just imagine for fun  Paul succeeds at generating 5 million a month if from that 5 million we are not left with 1 million in profit  we are totally screwed in the dream and this company will most likely cap at 40 million 
Comment by Buyhigheatchips on Feb 02, 2022 7:23am
Agreed. Financials seemed right on the nose of expectations.  Maybe this is the bottom.   
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