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Calyx Ventures Inc V.CYX.H

Calyx Ventures Inc. is a Canada-based company that offers solution to variety of online business sectors. The Company operates through subsidiaries, including Leafhub Technologies, Cannigistics and AutoMotoCast. Leafhub Technologies offers LeafHub, a software as a service (SaaS) application designed to aggregate participants of the cannabis and hemp industries onto a single platform to conduct business and trade. LeafHub consists of two main categories: Marketplace and Wholesale. The Marketplace offers consumers the ability to source and locate local cannabis products and learn more about cannabis in general. The wholesale Exchange is an online Exchange where growers, processors, wholesalers and distributors can conduct business. Cannigistics offers a custom marketplace software that merges a retail and wholesale e-commerce marketplace with an integrated messaging platform. AutoMotoCast is a network of users that anyone interested in buying, selling or trading a vehicle can join.


TSXV:CYX.H - Post by User

Bullboard Posts
Comment by kiskadogon Feb 02, 2017 6:11pm
208 Views
Post# 25792227

RE:RE:RE:RE:Letter to Shareholders released!

RE:RE:RE:RE:Letter to Shareholders released!
  • Generated approximately $100,000 in revenue for the twelve months ended December 31, 2016, an increase of several hundred percent when compared to revenues during the same period in 2015.
            We have a very long way to go and need some contracts  cause if they did $85.000 the first 6 months of 2016  that means less than 1/2 the past 6 months ? ? ?
  • Current growth rates suggest that the Company could achieve positive monthly cash flow by the end of 2017.
             "COULD" being the KEY word here .
            What are they suppose to say - we are not going to be able to pay bills on  $ 100,000   revenue much longer

Bullboard Posts