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Bullboard - Stock Discussion Forum Greenspace Brands Inc V.JTR.H

GreenSpace Brands Inc. is an organic and natural food company. The Company is engaged in the principal business of creating, distributing and selling natural food products and brands into the North American natural food marketplace. The Company markets its services primarily in Canada and the United States. Its main brands include Love Child Organics, Central Roast and Go Veggie. Love Child... see more

TSXV:JTR.H - Post Discussion

Greenspace Brands Inc > depressing results
View:
Post by SimpleDude on Oct 26, 2020 12:04pm

depressing results

I sold a good chunk of my position Friday. Kept a small portion for a gamble. 

Looking over recent numbers at: https://www.wsj.com/market-data/quotes/CA/XTSX/JTR/financials/annual/balance-sheet

Just don't see how they survive this...
From 2020 Fiscal:
Net loss: more the 34 million (2020)
Current assets: 11.9 million
Current liabilities: 21.1 million
Accumulated Deficit/Retained loss: 73.8 million

Not impossible, but seems to be a very daunting task ahead of them from what I see.
Comment by Possibleidiot01 on Nov 27, 2020 6:48am
I was really surprised to see this mention of JTR in ROB magazine . Maybe Penderfund participated in the recent private placement .he Globe and ROB Magazine     Smart Money: Penderfund’s David Barr on his top tech stocks, his Alcanna bet and what makes a great takeover target  ...more  
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