Post by
CanadianKia on Jan 18, 2023 8:20am
Great example to learn from
since everyone wants to pretend like there is hope here, you should look at VERY's track record. Another canadian company that IPO'd and promised to compete with beyond meat. they actually had some sales and looked like they might have a chance. I bought shares in this eary on as it went up to insane evaluations and sold when i hit 10K as non of the fundementals started making sense. they were at over 80x PE value and they started bleeding. They had prodocts that sold, but couldnt keep up with competitors as welll as increasing their supply chain capacity fast enough. People were claiming it would do better than beyond meat. I questioned it on the forum and all the scammers/pumpers kept pumping their nonesnese and told me i could not be more wrong. This happpned when i questioned it at 8 bucks. it happend at 5. It happend at 3 and even when it dropped to 1. Now, here are the result. it went from 1-2 bucks up to 10 and plummet back down to $0.09. Now...this:
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY) (FSE: OSI) ("VERY GOOD" or the "Company") announces that, on January 16, 2023, the Company was placed into receivership pursuant to an Order of the Supreme Court of British Columbia. BDO Canada Limited (the "Receiver") was appointed as the Receiver and will shortly be commencing a sales process to solicit bids for the assets or a restructuring of the Company. During the receivership, the Company will continue to operate and a buyer will be sought for the Company on a going concern basis.
Comment by
JohnnyStonks on Jan 18, 2023 11:16am
Thanks Kia, I'll be sure to sell all my shares if bbtv starts to sell fake meat.
Comment by
CanadianKia on Jan 18, 2023 12:28pm
This post has been removed in accordance with Community Policy
Comment by
JohnnyStonks on Jan 18, 2023 12:40pm
$16 Kia, the ipo was $16. We've told you this so many times but you seem to be unable to process the information.
Comment by
CanadianKia on Jan 18, 2023 12:53pm
My bad, you were dum$ enough to buy at 16. Keep proving your own stupidit$ to everyone.
Comment by
JohnnyStonks on Jan 18, 2023 1:07pm
No hahahaha at the end? Your message seems so empty without a solid finish.
Comment by
InvestCommittee on Sep 07, 2023 7:19pm
VERY's track record speaks volumes! What a bad way to ruin your reputation board! CEO is and has been the issue as she sucks up to Trudeau ... To the board WTF is happening here ? So many upset investors scammed ...
Comment by
JohnnyStonks on Mar 21, 2024 6:50am
The board was just a bunch of yes puppets consisting of her friends that stood to gain financially from this scam.