OTCQB:VVCIF - Post by User
Comment by
skibummon Mar 30, 2020 7:05pm
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Post# 30862165
RE:RE:here it is...tell me your thoughts please
RE:RE:here it is...tell me your thoughts pleaseVivo Q4 not great..but not bad..compared to other disasters reported by Cronus, Hexo, etc. I am firm believer in Raymond James forcast of Pot stocks bottoming in Q1/20 (now)...then stabalizing in Q2 & 3 with buyouts/mergers/bankruptcies etc....and the few remaining companies will prosper. Vivo seems to be positioning themselves as a survivor...the key being the $43M cash/cash eqivalents on their books. Most Q4 results have been bad with inventory writedowns/terrible financings/....so hoping Vivo has also bottomed in Q4...and as CEO says...hope for Q1 results with Cannabis 2.0 kicking in. Will be interesting to see what Claurus & TD think of Q results and hopefully we have seen the end of .20's. With all the negatives in Pot land, I think Vivo looks pretty good going forward.../full position