1933 Industries Inc C.TGIF

Big improvements in a short time period, more to come

[Dunworkin2]

Management Commentary

Six months ago, the Company's new management team set the key priorities of achieving profitability, becoming cash-flow positive and building shareholder value. Significant progress has been achieved towards these goals.

Over the reporting period, the Company put in place a restructuring plan to improve and streamline operations, successfully resulting in a 61 percent reduction in net loss, 75 percent reduction in its cash burn, and 81 percent improvement in adjusted EBITDA. In order to improve the overall performance of the business, the Company discontinued all projects which did not demonstrate an immediate and satisfactory return on investment. With a marked improvement of its performance over the previous quarter, the Company continues to position itself as a leading supplier of craft cannabis flower and concentrates in the Nevada market and as an innovative manufacturer of high-quality hemp and CBD wellness products.

[MrICE]

The more I read between the lines I like it.  last day for tax loss selling. If you want out this is last chance. Got my buy orders in. 

[Weedmd11]

I got a little buy in as well hope to get it and roll into the new year keep this train on the tracks management you did good enough for me to wanna add. 

[Allforoilandgas]

Well got to give it to the big guy thats its better that I taught it would be. Looks like it is turning around finally.

[Richmond]

Don't get SUCKERED in... I feel the pain of Trader27 and pray that TGIF Management PAYS with BLOOD.for being big .LIARS, and CRIMINALS!!!.......ROT IN HELLLS

[Weedmd11]

Thanks for you information I've watched tgif for a few years and got very lucky on my entry point I'm happy and willing now to see what they do next

[Arbutus22]

Excuse my preachiness here .... businesses do not turn around on a dime. ... new management coming into a shitt-y situation needs time to clean house and right the ship. Q results are about the best they could have been given the circumstances, and show that the ship is gaining momentum in the right direction. Sure, the job is far from finished, and the bet here is whether or not Rosen/Ruiz will

[Trader27]

Hi Weemd11,how are you? Hope fine. Plese don't invest in Friday Night !!! Go to TAAT, a nicotine free and cbd cigarette, with top notch management !!! Within 5 months they launched a new cigarette, from inventing to hitting the stores 2 weeks ago !! Now that's a great manegement. The CEO Setti Coscarella came from PMI ( Phillip Morris International) and have the richest man in Hong Kong

[Weedmd11]

I understand man thanks stick to taat I don't come here and blast weedmd just if I feel a urge I will thank you I'll have a look but right now I have my two weed companies I just slowly adding here to a really good potential turn around numbers do not lie very very true correct yes it is numbers here are better and look to be continuing. But again I'll go look at taat thank you.