GREY:INSHF - Post by User
Post by
Toweringmarson Aug 07, 2020 7:36am
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Post# 31377502
They can open a million stores
They can open a million stores But if they cant make money from them then whats the point?
Showing larger losses as your operating expenses grow quarter over quarter in par with sales growth would suggest that the business model isnt working.
You're still running a negative EBITDA. As you amortize everything closer to net zero its only going to pull the assets down until this is upside down. Unless of course, this thing can show that its profitable after paying all the management. And with The Bondar Loan Darren at the helm I would certainly be carefull with my capital. Any time a CEO is seen doing arms length things and buying their old failing companies to pay back their personal debts, then disolving the company a year later should be the biggest red flag. But sometimes we get too emotionally attached to a stock or our facebook group to recognize them as they wave in the wind.
Is that a second store now on the Macleaod trail alone Jessa?
Cannabalizing your own sales must mean its a quite lucrative location I would hope. Must bode well for the original franchisee.