Ventura Cannabis and Wellness Corp CVHIF

Healthcare Drug Manufacturers - Specialty & Generic

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.

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Ventura Cannabis and Wellness Corp > TRADING HALT

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Comment by johnsuhon Aug 31, 2020 1:40pm

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Post# 31480078

RE:RE:RE:RE:RE:RE:TRADING HALT

It might be around 0.12 cents/share.

July 29th MD&A, " According to this definition, the Company's liquid assets equal the current assets totaling $7,118. While working capital is traditionally used as a measure of a company's liquidity, management believes that a more accurate view of the Company's liquidity is liquid assets less current liabilities. The Company's liquid assets less current liabilities equal $4,464".

turnaroundking wrote:
Lol a dope? I seem to be the only one that understands the transaction.

The other assets, held in other subsidies are useless in that the liabilities associated with them cover the value. From my understanding, we sold all the shares to the two subsidies that held all the profitable (or growth opportunity) assets.

As of May 31st, we had $2.75M on a consolidated basis. Your "math" is clearly wrong because last I checked, nobody is paying 0.19 cents a share.