Radient Technologies Inc V.RTI.H

Alternate Symbol(s): RDDTF

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.

TSXV:RTI.H - Post by User

Radient Technologies Inc > Financials are out.

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Comment by lscfaon Sep 15, 2020 12:29am

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Post# 31558273

RE:Financials are out.

Bozo mgmt left us hanging. They've raised about $6 million since March 31. The June qtr has been done for over 2 months. How about announcing some prelim revenues at least. Lousy transparency.

The Company currently has a working capital deficiency of $16,401,248 (March 31, 2019 positive $30,134,149 working capital). The change year over year indicates that there is material uncertainty about the Company’s ability to continue as a going concern.

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