Daring pumpers to find dirtSince none of you been able to answer it properly, RunnerHunter will give you a second try.
Good luck.
So, what im seeing in the report is that isol is lacking money big time. With 400k in cash, i think etheir two solutions are ahead, private place or dilution. To which i doubt a private placement will generate enough money for them to be ab’e to get back on tracks. So my best guess is both huge dilution + PP at 0,30 or 0,25.
again speaking on cash isodiol has, im wondering where that 15millions they had in hand last year went, because as far as im aware, i dont recall isol buying any significant corp.
Ok now speaking of assets, im personally really concerned as how isodiol has dropped their assets value from ~53millions to 20millions under a year. Especially knowing how cbd was on the lips of everyone during the past year. I know most of these come from the termination of almost, if not, all their previous deals, azure, kure, bspg, kathy, cn pharma, and so on.... which let me very suspicious into the future of the company. With and company asset less than 5 times their deficit that go over 175 millions dollars.
speaking of deficit. Its well know that isol is unable to generate any kind of net profit, with a cost of good will over 55% and wages and fees over 60% of their gross profit. It’s fairly for them to add to their long time absence net gain.
now the juicy part, the « revenue » most of you seems to see the revenue as sells, which in isol case cant be sells by the only reasons that they cant sell their products because tbey dont have any distribution agreements and it’s basically illegal in most country arround the globe. Not only to mention that isol have been generating more or less the same revenue for the past two years, to which didn’t stop them to fall over 95%.
also i do find their revenue pretty shady as i mentioned previously, but weirdly enough MJNA also generate about the same revenue as isol which indicates me that both of these companies are doing the same thing. And knowing how mjna as been trading between 0,10 and 0,20 for the past 4 years or so, i would concider this a good thing.
Read more at https://stockhouse.com/companies/bullboard?symbol=c.isol&postid=30047170#ixcT47RfQUDyYv6G.99