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GTEC Holdings Ltd GGTTF

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.


GREY:GGTTF - Post by User

Post by cannabiscon Nov 08, 2020 10:30am
240 Views
Post# 31859304

CEO buys 500k shares

CEO buys 500k shares

The CEO of the only cannabis companies to report cash positive EBITDA buys over 500k shares

 

insider trading canada

 

GTEC Holdings - TSXV-GTEC 

https://www.gtec.co/wp-content/uploads/GTEC-Q3-2020-Financial-Statements.pdf

 

REVENUE of $2.4 million (59%QoQ)

Adj, EBITDA positive $560,000

Sector leading gross margins of 70%

Adj EBITDA margin 23%

$9.29 per gram average rec selling price 

 

Stock up over 10% for 3rd straight day since news release, discounted at .12 cents, can easily make over 60k on a 100k investment by it going back up near it’s year high .20 cents. 

 

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