OTCQB:VVCIF - Post by User
Post by
skibummon Nov 19, 2020 12:17pm
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Post# 31933357
High Tide now # 1 Cdn Retailer...Vivo owns 4.527M shares
High Tide now # 1 Cdn Retailer...Vivo owns 4.527M shareshard to find much good news about Vivo but their 2 investments in CB2 Insite, and now High Tide (conversion of Meta shares)....both show good potential. Cbii/c of 5,304M shares are priced in .50's (bought at .03sh)....and love potential of High Tide hiti/v with merge of Meta....to become the largest retailer in Canada & #1 in Ontario. Projected annualized rev of $148M & Gross Profit $56M & Gross margin of 38%. Vivo's $5M investment converted works out to now holdiing 4,527,472 shares, which opened 1 day of trading today on Venture xchange at .19. Two analysts on new Hiti/v have price targets of .50 & .60. Value of old Meta shares end of Q3 (30 Sept) was $632k...so maybe we finally get some good news to move the stock while we head into 2021..../full position