RE:RE:RE:RE:RE:RE:RE:L2Even with a HC license, Labz won't be profitable, even if they could miraculously generate revneue before Feb. So even if there is a positive movement in share price, they are still out of business in 4 months. This will be hard for the donkey and lhama to comperehend but just like other LPs, profitability for Labz would take years to accomplish. When you only have 4 months of cash left and you're not even licenced, nevermind operational, Labz will never come to fruition without a signficant cap raise.
Boilermaker79 wrote: How do you determine the bottom? Hopefully this is just a continuation of a sell off because of the financials and not a leak for more bad news to come.
I don't really see much for positives here other then waiting for the health Canada license for cannmart labs. Other then that, financials in 3 months won't be good, no news releases ever really help this stock so I don't see what boost is even left for this...