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Bullboard - Stock Discussion Forum Aegis Brands Inc. T.AEG

Alternate Symbol(s):  SCUPF

Aegis Brands Inc is in the food, beverage and cannabis space. The company owns and operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes,...

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Kiaro now trading at 2 cents!

Aegis owns 25% of the company! Down 80% on their investment!  rate and reply

Kiaro now trading at 3 cents!

A 6 millions dollar investment almost all wiped out! This company has been such a disaster.  rate and reply

Fair value per share: CAN$0.27

For the 13 weeks ended March 27, 2022 Net loss for the quarter was $1,656,000 Total assets $ 18,872,000 Total liabilities 12,620,000 SHAREHOLDERS’ EQUITY 6,252,000 Shares outstanding: 23,230...read more

KIARO now trading at 4 cents!

A 6 millions dollar investment almost all wiped out!  rate and reply

Aegis is down 50% on their Kiaro investment

Aegis owns 25% of Kiaro Holdings after selling them Hemisphere Cannabis.  Aegis received shares valued at 10 cents when the deal closed and these shares are now trading at 5 cents.  It seems...read more

RE:secures $28 million Development Line of Credit from CWB

getting further in debt to pay their big fat salaries as they don't have any revenue to survive, sounds like a great idea.  stock should drop below 40 cents at any time now   rate and reply

secures $28 million Development Line of Credit from CWB

The line of credit will support Aegis' expansion in the food and beverage industry. TORONTO, Dec. 7, 2021 /CNW/ - Today, Aegis Brands Inc. (TSX: AEG) ('Aegis') finalized a...read more

RE:'It's going to be a bloodbath'

This stock is about to collapse, zero support with barely any open buy orders.   rate and reply

KIARO HOLDINGS ...

....Stock is down 30% since Aegis Brands became their biggest shareholder. Down to 7 pennies a share and it looks like it could go much lower.  Good job Aegis. Way to create shareholder value...  rate and reply

Shareholder equity continues to melt away

as per November 8th financial statement; SHAREHOLDERS’ EQUITY December 26, 2020: $15,334,000 SHAREHOLDERS’ EQUITY September 25, 2021: $ 9,951,000 shares outstanding: 23,230,227 Current Fair...read more

AEG might not survive 2022

at this rate AEG is burning cash they might have to declare bankruptcy within the next year. Stock price is tanking and could possibly go below 20 cents/share   rate and reply

CEO needs to resign

He has been driving this company into the ground, one failure after another. It's unbelievable how he hasn't been able to make the iconic Second Cup profitable and ended up getting rid of it...read more

Next stop --->$0.70

This company has been such a disaster since they launched Aegis Brands, one failure after the other. Only one more to go.   rate and reply

'It's going to be a bloodbath'

https://www.bnnbloomberg.ca/it-s-going-to-be-a-bloodbath-why-some-toronto-pot-store-owners-are-giving-up-1.1630022 MARIJUANA Jul 16, 2021  ...read more

AEG is still losing lots of cash

unfortunatly I don't think this compagny will survive their cash burn. Gonna stay on the sideline for now and maybe buy some if it drops below 50 cents as a gamble. Very risky business.  rate and reply