Forza Innovations Inc T.FORZ

Primary Symbol: FORZ

Forza Innovations Inc. is engaged in the health-tech wearable performance business. The Company has acquired the ownership and rights to certain late developmental stage products, including the WarmUp product line, which consists of the J4 Sport, J4 X and J4 Fitbelt. These products are wearable back compression devices, used to relax, warmup, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in temperature of the soft tissues, which decreases joint stiffness and relieves inflammation. Its WarmUp series product uses carbon microfibers combined with safe rechargeable lithium batteries. J4 Sport is for patients with chronic back pain conditions, such as arthritis, osteoporosis, fibromyalgia, and ligament strains. J4 Fitbelt is used to target both the abdominal and lower back muscles or just one of the muscle groups. J4 Core is used while playing, recovering, or performing daily activities at work, home or on the road.

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Comment by KurdiKingon Mar 24, 2022 12:58pm

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Post# 34542048

RE:RE:RE:RE:RE:Where

Debt as in liabilities but no expensive lending to keep operation going, - Hawler license, drill equipment, office, salaries etc and all well covered with revenue. 2021 a good year with as you say 187m net revenue, but more importantly net cash generated was $51,2 (impairment costs are accounting technicalities) and will be much increased for 2022. I estimate just Q1 22 to be $30-35m with volume already increased over 20% and FY -22 will be even more. Its astonishing we have a mkt cap at below Usd 120m but happy to keep lifting more volume.

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