Choom Holdings Inc CHOOF

CHOO Making Huge Revenu. More Stores .. Essentiel Products

[PotLuck444]

HAHAHA What a gift today.. Stupids Dumpers... HAHAHAHHA
Glta Buyers

[antonaki1]

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[blackrooster]

There is some interesting accounting going on.  Clarity acquisition by Choom was completed in October of 2019.  Finalized on October 28th i believe.  I'd imagine the revenue deferral will work similar to the Niagra store.  Niagra store (since opening) generated around 9 million dollars.  This money wasnt realized as revenue by choom, but was used to pay for (in part

[theinvstore]

Agree, they are busy paying for stores right now. They need dilution to stop and need the stores to pay for themselves and support new openings. I believe this is the "endurance race" claims of Bogart. I'd rather see no further diluiton and price to remain as is for another year or two... making a share buy back from the company an optimal endeavour... but who knows.

[bckopi11]

During the last quarter report, Choom was not the 100% owner of several stores and were simply earning a monthly Brand Fee from the owner.  For example, Niagara was owned by the Lottery Winner and they paid Choom $20-25k per month to use the Choom brand.  The store earned over $7M+ in revenue, but those profits went directly to the Lottery winner.  Now Choom is the owner of the

[berufuas]

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