GREY:CVHIF - Post by User
Comment by
Londondriveguyon Feb 26, 2018 5:48pm
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Post# 27624179
RE:No cash
RE:No cashBe careful what you say... From a previous post you wrote. Just highlighted a few lines...
Positive news.
They are breaking even. Didn't burn cash last quarter. Growing and eventually could grow to 100m revenue, this would make the stock worth around 30 cents even if they make no money. Stock is cheap, if your willing to hold for a year to two years you could do well. Yes they could burn through cash and there are other plays out there that have momentum but it's a venture stock that's what happens. Will speculators come and pump this stock into a dollar range I rather doubt it unless they start pulling awesome profits. The next few quarters are important to see if they are gaining cash. Q3 cash should be lower since they purchased that facility but as long as it's not out of control like in the past.
Read more at https://www.stockhouse.com/companies/bullboard/v.cxv/convalo-health-international,-corp?postid=26996939#VMpdqZCPidDx1Pgs.99