RE:RE:RE:RE:RE:RE:RE:RE:What do you think a buyout price would beEarlyInvestor59 wrote: margarinecall wrote: YOU need to learn to read.
CanniMed Therapeutics Inc. (TSX:CMED) (“CanniMed” or the “Company”) today released its financial results for the fiscal year ended October 31, 2017.
Sales of $16.7 million in 2017 were 70% higher than 2016.
As I said, your a real novice.
They account for sales a NOT sold inventory production. This is not a real sales, it's an accounting TRICKS to trap fishes like you. Open the complete financial statement and read what is the GOODS produce but not sold and reduce this to revenus ;)
Your a real fish
Cheers
Canopy was operating at profit in 2014 with that same FISH TRAP trick but they were cash burning 20 millions/ yaer at the same time.
It's impressing the level of non educated investors sometimes
Talk to an accountant or get novice class
Thx