OTCQB:VVCIF - Post by User
Comment by
M4DM4Xon Feb 13, 2019 10:57am
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Post# 29357970
RE:RE:RE:I nominate El Chapo as CEO
RE:RE:RE:I nominate El Chapo as CEO If I'm not mistaken, the last earnings was in November, right?
https://globenewswire.com/news-release/2018/11/30/1659933/0/en/VIVO-Cannabis-Reports-Record-Revenue-for-Q3-2018.html
Next QUARTER is now, not April.
So why extend it by 2 extra months? More importantly, why would any investor accept this extension?
Either their management is even WORSE than what you could possibly imagine and disorganized to the point where they're delayed by 60 days, or they have such bad numbers that they're doing something crooked - Trying to pad their earnings by extending their "quarter" to include 2 extra months (66% more selling days).
What'll happen next "quarter"? At this rate, they'll only do 3 ERs per year - Does this instill investor confidence? Does this show that they respect investors?
As an investor, you should be asking if VIVO realizes there's 12 months in a year, and you should question why they're trying to go against convention and do "thirdary" reports.
Just the fact that El Chapo he can count to 4 makes him better by default.
Griz_Online wrote: Lol what is the problem with this company? there's no reason that they shouldn't be able to get the financials out in a reasonable timeframe.
"The opening of our first airhouse cultivation facility represents Vivo's commitment to both innovation and cost management to produce a variety of quality cannabis. Although these airhouses are used to cultivate cannabis in the U.S., Vivo is the first licensed producer in Canada to utilize this technology. We expect these airhouses to provide us cannabis needed to satisfy the increasing demand for extracted product," commented Barry Fishman, Vivo's chief executive officer. "By the end of 2018, our total annual capacity in both B.C. and Ontario is expected to exceed 12,000 kilograms." Did he mean to say 2019? Is the Big Top Pot airhouse licensed and approved for production? I know it's deflated now but if its not.. i'm not confident our inept goverment will have it approved for growing season.
Again would be nice for the company to keep us investors in the loop.
Kylemcc10 wrote: Ahh I see. Anyways everything here is just noise and speculation until the numbers drop. Might get ugly in the meantime. I’ll be buying the dips and waiting. People begging for news but disappear when we finally get some and the thing goes down...clearly not the problem.