GREY:BLEVF - Post by User
Comment by
Wallhallaon Apr 30, 2020 6:53am
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Post# 30970032
RE:Sooooo, what happened to $2.5M in vape pens sold?
RE:Sooooo, what happened to $2.5M in vape pens sold? Crazy thing is that when Kevin stated they were shipping over $2.5 million of vapes in December 2019, they were sitting on $120,807 of finished oil products, with $468,864 work in progress. Nowhere near enought to meet an order of over $2.5m. Maybe they confused a supply agreement with a purchase order. Provincial supply agreements are signed first, followed by purchase orders on an as needed basis, but they are not guaranteed sales until POs are cut.
GreatGabbo wrote: Let’s get the elephant out of the room here, what the hell happened to the promise made of $2.5M in vape pens sold?
What an absolute JOKE of a company. Management robbed us all blind and people are still on here talking about a potential turnaround.
*NO MONEY LEFT
*DEFAULT ON ALL LOANS
*COGS HIGHER THAN REVENUE
*I COULD KEEP GOING BUT IT DOESN’T MATTER ANYMORE.
This was one of my worst decisions ever. Hope these guys pay the price for their crimes.
GreatGabbo