Hill Inc V.HILL

Alternate Symbol(s): HSEEF

Hill Incorporated is a progressive bioscience implementation company. It is engaged in building pathways to better and healthier living by leveraging its consumer-packaged goods (CPG) expertise to commercialize technologies to craft cannabis solutions and non-alcoholic beverage products globally. Its Hill Avenue Cannabis business unit is pioneering the space where craft consumer products meet bioscience by combining its CPG commercialization expertise with its rights to use Lexaria Bioscience Corp’s DehydraTECH patent portfolio for product development, licensing and business-to-business (B2B) and business-to-consumer sales of cannabis ingredients or products on a global scale. Its Hill Street Beverages business unit represents its legacy alcohol-free consumer beverage marketing and distribution business. It provides DehydraTECH-enabled B2B solutions for both cannabis extractors and ingredient suppliers and CPG manufacturers whose products are infused with cannabis and or hemp extracts.

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Hill Inc

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Comment by roatan2on Mar 01, 2019 11:07am

77 Views

Post# 29428750

RE:RE:RE:RE:Somethings Up

ezemoney wrote: They snuck the financials in at the very last minute...no one read them. Losses skyrocket...tsk tsk

Net revenues for the three months ended December 31, 2018 were $395,356 compared to $125,485 in the same period year ago, representing an increase of 215%. Net revenues are calculated by deducting from gross revenues the costs of chargebacks and listing fees paid to distribute products. Net revenue was up for the quarter, year over year, despite a slight decline in sales due to the reclassification of some contra revenue items to operating expenses in accordance with IFRS. Net revenues for the six months ended December 31, 2018 were $906,945 compared to $328,239 in the six months ended December 31, 2017, representing an increase of approximately 176%.

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