Entourage Health Corp V.ENTG

Annual Revenue Up a Hefty 54% to 54.8 Million=2+% of Market

[Wrywisdom]

More than 2% of Canada's total market! This in comparison to most competitors experiencing revenue losses or struggling to maintain stasis:

           https://stockhouse.com/news/press-releases/2022/02/11/entourage-health-announces-preliminary-fiscal-year-2021-record-revenue-of-54-8

           The above annual revenue figure is approximately 2x the ridiculously low current valuation based on a fear based and manipulated stock price.

           We will be approaching .30 very soon.

[Ebankbank]

I agree with your post, also like I said before with all the forks in the fire and direct to insured patient this should be way north of that number.  

[prested]

I'd say they had "fork" all in the fire except more bad news.

[Wrywisdom]

Exactly. We should be and will be way north of this number with a little patience. I am posting the comprehensive annual 2022 newsletter for those not familiaer with the host of ENTG accomplishments:                 https://stockhouse.com/news/press-releases/2022/01/06/entourage-health-posts-new-year-2022-shareholder-newsletter A truly incredible

[shenry24]

But can we talk about the millions upon millions of debt payables coming due in the next few months, and how've they've yet to produce a positive cash flow and net income?  Can we also talk about the potential outcomes should these debts be called and what happens if Entourage can't satisfy them?  There's a reason no one is buying, no? 

[Wrywisdom]

Of course. I must assume that you missed this essential detailed release including highlighting the extension of 39 million dollars of debt financing in concert with the bank of Montreal until the end of 2022:              https://stockhouse.com/news/press-releases/2021/12/24/entourage-health-and-liuna-pension-fund-upsize-credit-facility-with-additional  

[shenry24]

It is, somewhat comforting, knowing we'll get to see another financial statement, or two, before....  before, I don't know what exactly, but the end of 2022 is only 10 months away.  Entourage owes LIUNA more money than they make, and, if I'm not mistaken, correct me if I'm wrong, they are also majority stockholders.  Which puts, the fate of the company, in someone

[Nicksonsnowboar]

No Liuna is not a majority holder. Should be concerned about the interest owing , close to loan shark rates because who is going to give them more money. They are not going anywhere fast in a fragile mj market. Best to stay away . If anything miraculous was to happen you have plenty of time to jump in. Buying now you would have a hard time unloading them . Volume is anemic .  Best to buy a

[shenry24]

I'm still having trouble understanding HOW they are going to pay back that 39 million, plus interest, in 10 months, when they haven't MADE $1 in several years. Yes, their revenue is steadily increasing, but so are their expenses.   In the world I live in, when a "business" keeps operating at a "loss", it's called a hobby.