Ventura Cannabis and Wellness Corp CVHIF

4th Quarter Profit 1 cent per share

[constructionsite]

Looks like a profitable most recent quarter +.01 per share.

[constructionsite]

3 months ended February 29 2020 Revenue: $2,562,000 Net Income: $467,000 Income per share: $0.01 Shares outstanding 37,039,999

[BubbaNeedsMoney]

And you got that info from where?

[brentski99]

Thecse.com under MDNA , almost 2.6 million revenue in the 4th quarter from cannabis Annualiized would be over 10 million. Earnings of 1 cent per share in the quarter. Annualized would be .04 per share. What will be interesting is the 1st quarter numbers out I assume mid July as I think they have 45 days from q end to file. What would happen if they doubled their earnings to .02 in q1? This is why

[BigDaddy13]

Weren't you the one saying how this is dead money and that it's not worth buying until it hits .02-.04? Along with soo many other things about how everything was doom and gloom ? 

[BigDaddy13]

Tactic to get the sp lower to buy was my hypothesis all along. Don't blame ya, everyone has their game. 

[brentski99]

[TheProphetElijah]

This could be the start of the road back to $6 dollars a share.  Most will sell out at break even or at a loss but with cannabis 2.0 underway the speculation alone will boost the sector bigly.  10 times the size of 1.0: https://www.politico.com/2020-election/candidates-views-on-the-issues/marijuana-cannabis-legalization/legalizing-marijuana/

[BigDaddy13]

@6$ a share I think you'd hear me screaming from my balcony in joy prophet 

[TheProphetElijah]

Don't forget our market cap size is laughable.  Getting to 100m is not out of the question.  Then in a 2.0 bull market 200m is still reasonable.  This is assuming the float doesn't get diluted and Kaplan made it sound like they care about that.