TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Feb 13, 2021 5:19pm
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Post# 32562914
One of the million reasons why H Source Cannot Save RLV
One of the million reasons why H Source Cannot Save RLV I'm not talking about how they have NEVER made money, have burned through millions, have been on Cease Trade orders and are out of cash...
The biggest reason they will not have ANY impact money on RLV: they are a shell company.
Look at any Traffic metric: nobody goes there.
Look at their quarter ended Sept 30, 2020: they had $42,000 in revenues.
FORTY TWO THOUSAND DOLLARS!!!
They are generating about $500/day...a decent pinball machine at the mall arcade makes more.
So forget H Source...and focus squarely on RLV.
It's last quarter (ended Sept 30) was the worst one in its HISTORY: record-low revenues, record-high losses and cash burn...and a statement that they do not expect to break even in the next twelve months.
They have earned ZERO new businesses that have been announced in the public record, have not generated anything from their PPE, Cannabis or e-commerce businesses...this is a farce.
Cannot wait to hear MaterialWorld explain the next financial disaster to come in the next few weeks:
1. Record dilution of stock
2. Record cash burned
3. More balance sheet writeoffs
4. Where are the Hand Sanitizer and PPE revenues Aurelio?
Crickets...