Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc

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Comment by newGuy01on Nov 30, 2018 3:39pm

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Post# 29047192

RE:RE:RE:RE:RE:CURRENT FINANCIALS

Stupidity is on display here today folks. Learn how to read a balance, or an income statement for that matter. The only thing that's readily apparent is the lack of fundamental knowledge concerning accounting, and this company more generally.

brianbki53 wrote:
What? Because of the below excerpt from the earnings report?

During the six months ended September 30, 2018, the Company had not yet achieved profitable operations, incurred a net loss of $22,611,309 (six months ended September 30, 2017 - loss of $4,449,829) and, as of that date, the Company has an accumulated deficit of $47,938,845 (March 31, 2018 - $25,327,536). The Company will require additional financing in order to conduct its planned business operations, meet its ongoing levels of corporate overhead and discharge its liabilities and commitments as they come due, all of which casts substantial doubt upon the Company's ability to continue as a going concern.

MarshaII wrote: I'm expecting a bankruptcy notice, and you? Too bad its too low to short at 10 pennies.