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Ventura Cannabis and Wellness Corp CVHIF

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.


GREY:CVHIF - Post by User

Comment by stjjmacon Jul 29, 2016 4:54pm
192 Views
Post# 25097221

RE:RE:RE:RE:RE:Awesome no results today

RE:RE:RE:RE:RE:Awesome no results todayI think you are right re the quarter and in your statement that the market needs to see evidence that the concept will work.  To me the revenue number this quarter needs to show YOY improvement.  With respect to earnings, I was previously told via email (which I have since deleted) that Q1 earnings would be out  before the end of July so it is disappointing that they are not out, particularly given the cloud of mistrust that envelops all three of the D&G experiments.



quote=EStreet]dileas48s,,,. I tend to agree with your comment and especially on two points,,. One is waiting till the very last minute when you already have a very late reporting cycle is not overly encouraging to investors,,. Were going into the eighth month of the year waiting for Q1 information,,. Seems a bit painful to say the least,,.

Secondly the market has telegraphed this week with Convalo's none participation that they will need to come up with evidedence that this model is even going to work,,. At this point I would be surprised to see stellar Q1 results and expect we will be waiting for another quarter or two to see proof of the model and share price appreciation,,.

dileas48s wrote: I really thought Mas was onto something oh so long ago when he theorized that we would see Q1 results on the same day as, or very close to the release of Q4.  All that made very good sense to me.

Count me among those that find this approach of waiting to the last minute very frustrating.  Sure, today PHM and HNC is pulling back, but there might have been a missed opportunity over the last couple of days by waiting.

I suppose there's another theory that says the spotlight may have less to shine on by waiting for our own opportunity.   Who knows?

To me, if you have great results why would you hold them back from the market.  So, I fear we're going to receive less than optimal results and get stuck in the same trading range we've been in for weeks now.  Something I never saw coming  -  that's on me, of course.

I still think that Stampp will lead Convalo to a better place in the not too distant future, and I'm holding my shares tightly with that expectation.

Have a good Long Weekend everyone!
~dileas

Chucklee wrote:
68dart wrote: I think they will be out at the end of today


I really really hope not... usually EOD friday NRs signals below expecations results/news.

I hope they release the NR next week (if its positive)

 


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