Radient Technologies Inc RDDTF

Primary Symbol: V.RTI.H

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.

TSXV:RTI.H - Post by User

Radient Technologies Inc > Loan shark director

<< Previous

Bullboard Posts

Next >>

Comment by lscfaon Feb 28, 2020 8:30pm

124 Views

Post# 30749915

RE:RE:Loan shark director

Since you asked, gross margin of 13% is pathetic. Assuming with some scale they can increase it to 25%, co. needs to do $20 million/qtr in revenue just to breakeven based on its $5 mil/qtr in cash expenses.