Post by
PATAGONIA on Jan 29, 2018 11:21pm
ANNUAL REPORT
The results look horrible with very high salaries and bonuses to management which should not be paid for a company of this size. Only $ 1,900,00 left so they had better get some good results for the next two quarters or this is a dead dog.
Comment by
GrapheneRocks on Jan 29, 2018 11:35pm
Results look good to me Rev + 74% GM improved, Loss/share improved. 2M in cash and the US refrigerated push will be getting underway soon + new US listing exposure. Don't know how you can say the results look horrible..we'll see who's right tomorrow.
Comment by
Manowar11 on Jan 29, 2018 11:58pm
Also stated in the MD and A that Veggemo is in 5000 stores in the North East USA. I guess we shall see...
Comment by
scanner18 on Jan 30, 2018 9:32am
Pre market sees no interest in this stock.....big red day coming for the market maybe....Pfizer and Exxon latest companies to invest big league in the us because of trump tax cuts
Comment by
TradingDweeb on Feb 03, 2018 11:12am
I have a feeling another cheap financing is coming. With only $1.9m as of September 30, 2017. I'm sure by now all that is gone. This amount barely covers their Salary of $1,000,000 + and unwarranted bonuses of $300,000 +.
Comment by
yuriblue1969 on Feb 03, 2018 12:00pm
I suspect financing on way and new private placement.
Comment by
EcurbOnTSXV on Feb 05, 2018 9:55am
sooooo whats that mean for SP?
Comment by
scanner18 on Feb 06, 2018 7:46am
The world indexes are awash in red and vgm would fit into that category.....as the ride up was a thrilller, the ride down does not feel the same way.....could be another world wide big down day imho.
Comment by
winobucks on Feb 08, 2018 2:59pm
Totally bang on. I have no idea how they can justify bonuses when they are running out of money and are already well paid. Only 782k in gross sales? Seriously???? Only one making money is the executives, consultants and marketers. Appears to me that they need to fire some people who are not performing based on these results.