Goodbody Health Ltd GDBYF

Healthcare Drug Manufacturers - Specialty & Generic

Goodbody Health Ltd is a wellness company operating in both COVID testing in the United Kingdom and as a vertically integrated cannabinoid CBD company that operates in the United Kingdom and the European Union. It has interests in COVID testing clinics, CBD extraction, wholesale bulk isolate, and distillate sales, retail CBD and white label sales, cannabinoid laboratory testing, and medicinal cannabis research programs.

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Goodbody Health Ltd > dead money

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Comment by lscfaon Nov 18, 2019 5:51pm

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Post# 30367078

RE:dead money

Lying p.o.s. raised $24 million in May. Qtr ending Apr cfo was only -$1.5 million and cash spent on investment in plant was $1.4 million. Plus there is the possibility that buyers paid upfront deposits for orders placed. Results for qtr and year ended July 31 will be filed by end of Nov.

GoodTrade wrote: another spatafora pump dead on arrival (TGOD, NAB are his other ones).
the 24 mil they raised in Apr has been almost burned completely already, based on their burn rate of 12mil a Q. The raise was more than 6 months ago.
no cash, pp coming at 20c, stock going down to 20c. count on it.