OTCQB:VVCIF - Post by User
Comment by
Prizm3000on May 13, 2020 11:43am
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Post# 31022495
RE:RE:RE:ALEF on it's way up, 0.60, dont need psychic powers to see..
RE:RE:RE:ALEF on it's way up, 0.60, dont need psychic powers to see..Idiot pumpers. There's a reason the enterprise value of Alefea is more than 4 times that of VIVO: they actually produce pot. Barry put the brakes on expansion and essentially shrunk the company. Their revenues have been pretty flat since legalization, so I'd be surprised if they manage to break $8M in revenue with $0 ebitda. SG&A is already very high for such a tiny operation, and now, under the new compensation plan they want to give themselves substantial pay raises. Even Danny Laflamme will get a 10% pay raise (not to mention bonus). And then there's a revision on options. They are the highest paid do-nothings in the business. Effing despicable.