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Bullboard - Stock Discussion Forum PlantX Life Inc. PLTXF


Primary Symbol: C.VEGA

As the digital face of the plant-based community, we truly represent the one-stop-shop for everything plant-based. At Vegaste Technologies our mission is to plant awareness in a hyper-palatable world in order to simplify plant-based living. We always strive to deliver the best products with the best service. Our goal is to be the most trusted and convenient online destination for those living a... see more

CSE:VEGA - Post Discussion

PlantX Life Inc. > Dump??
View:
Post by bluemoons20 on Apr 03, 2023 3:55pm

Dump??

Looks like someone is  Dumping their  stock and riding the  bids all the  way  down.

And this is on a few  shares??

SOO  disappointing!!!

GLTA
Comment by Alpha007 on Apr 25, 2023 1:39pm
How is their operating expense soo high for an online e-commerce business....like bad margins, had been watching this company for awhile, currently valued at $700K MC...this is either going to be a huge play to buy this currently very underwater company financially that still produces revenue, or will be worthless..down performance I imagine is heavily attributed to executives or early/private ...more  
Comment by Alpha007 on May 18, 2023 11:42am
Taking a look at the last filing (3 months ended 2022), I am concerned out of the $2.4M revenue, that $1.1M was paid as way of salaries? Cost of sales was $1.4M so just off salaries alone company is negative, 9 months ended 2021 $11M in share based compensation was given out.....seeing market cap today is $230K the risk in any upward movement is high that it will be followed by a dump....given ...more  
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