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Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case with removable lenses; Hitcase SHIELD, a case that is waterproof and shockproof; and Hitcase SNAP, a case


TSXV:HIT - Post by User

Post by kephalonoon Sep 16, 2017 6:11pm
128 Views
Post# 26705580

Really?

Really?I just read over the financial statements and, unlike most people posting, I have a hard time seeing any future potential for a company that only makes plastic phone covers - I mean really? 

Not only that, their 9 month income in the last statement was less than half the previous year at a measly $600k. They lost $1.4m of which $1.2m was negative operational cash flow.

Looks like a dud to me - but perhaps there's something I'm missing.



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