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VIVO Cannabis Inc. V.PDA


Primary Symbol: VVCIF

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical locations - Canada, Germany, and Australia.


OTCQB:VVCIF - Post by User

Comment by shooter300on Dec 14, 2020 10:33am
170 Views
Post# 32099175

RE:Looks like..........

RE:Looks like..........The debt they OWE is 2x the cash they have. Sales are decreasing and no positive cash flow. Of course they have to issue more shares to pay bills. This charade will end in CCAA in due course. I said last week it would get shorted "rinse and repeat" cycle in this obvious death spiral downtrend. You can join the smart traders and sell high then buy back lower so next time it runs up SELL then buy back on the dip otherwise you just slowly watch your cash balance dwindle. The company is doomed and will be resurrected by the creditors as a new company with new shareholders. By the way how many insiders have bought these :cheap shares". Theyrape the treasury for undeserved salaries and will issue themselves more paper.
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