VIVO Cannabis Inc. V.PDA

RE:RE:Cash flow

[couver]

what does paying all this debt down say about a company?


By making the choice to pay down the debt rather than deferring suggests to me that vivo is approaching sustainability and profitability

why else would you put yourself in a position of low cash reserves. If the company had plans of going broke or if the management was really only in this for themselves I feel like they would have deferred much more of the debt at shareholders expense and continued to enrich themselves before collapse.


it seems to me that they are confident they will have access to enough $ through the business or confident they will demonstrate sufficient profitability to run a raise at a higher sp to manage growth moving forward

although the sp is rubbish and i'm a grand bag holder I have some renewed faith in vivo

anyone agree with me or am I way off base?