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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Comment by Czicfwillgetermiton Dec 27, 2017 12:17am
100 Views
Post# 27228430

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joe wants more than 120 million! For what?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joe wants more than 120 million! For what? More randy on working with P and inventories 

Kevin Fu

First off just want to say thank you for the additional detail breakout of the other categories for production and sales quite helpful. Just a few questions from me, on San Dimas with Primero’s credit facility coming due in a couple weeks. Any thoughts as we approach to that deadline?

Randy Smallwood

Yes, I mean its Randy here Kevin it’s, we’re supportive in terms of working with Primero. We’ve been pretty clear about the fact that as long as progress is being made towards a solution here that we would extend that guarantee, and so we’re hopeful that Primero keeps making progress.

Kevin Fu

I guess in past years that we've typically seen a larger drawdown on the – yet to be delivered inventory anything we should watch out for when comparing sort of passed Q4 performances in terms of the timing of shipments that’s what you think?

Randy Smallwood

Well, we talked about in the past, typically what we windup seeing is our partners tend to squeeze the inventory pipelines or pathways in that fourth quarter to improve the overall year-end results. And so, we typically what’s that, I mean I hate to say, but it is almost winds up being a bit of an inventory build as we have seen here in the third quarter that the winds up getting cleaned out. There is no guaranteed behind that, there is definitely incentives when it comes to year-end performance that we typically see that all captured back into fourth quarter.

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