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CubicFarm Systems Corp T.CUB


Primary Symbol: V.CUB Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company provides automated on-site commercial scale food and livestock feed technologies through research and development, manufacture, and sale of hydroponic growing systems. The Company operates through two segments: Feed Division and Fresh Division. The Feed Division segment operates using the Company’s HydroGreen technology for growing nutritious livestock feed. The Company's Fresh Division segment operates using the CubicFarm System, which contains CubicFarms technology for growing leafy greens and other crops. The HydroGreen System performs various growing functions, including seeding, watering, lighting, harvesting, and re-seeding. The CubicFarm System grows leafy greens, herbs, and microgreens. Its subsidiaries include CubicFarm Manufacturing Corp., CubicFarm Innovation Corp., CubicFarm Services Corp., CubicFarm Produce (Canada) Corp. and CubicFarm Capital Corp., among others.


TSXV:CUB - Post by User

Post by bandit69on May 12, 2022 7:45pm
427 Views
Post# 34679902

The More Days Pass....

The More Days Pass....I would say that based on my own investing experience, and simple observations in their financials and operations (i.e. overhead) that as each day passes the higher the odds that there will be a financing.

A company can have sales and revenues and still hit a cash crunch (i.e. $1 in revenues does not necessarily = $1 in the bank)  because it depends when those revenues trickle in to the bank account and cash flow management.  Even if a company has superior cash flow management, cash can run short.  It has happened to large corps just as with small ones.  The only difference is that larger corps typically have better access to capital.

I don't know, I could be wrong but I am placing my bets on those odds.

The marketcap is still too high and has a further downward trajectory to go to reflect conditions in my opinion.
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