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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Comment by SamRothsteinon Jan 13, 2021 2:00pm
49 Views
Post# 32286314

RE:Key words..."increase in net loss" appears about 4 times

RE:Key words..."increase in net loss" appears about 4 times

I see in point 1 a decrease in net loss of $255k
In point 2 an increase in net loss of $86.7k. 
in point 3 a decrease in net loss of $145k
add them up and you actually get a total decrease to net loss of $313.3k.  So I have to assume if this is perceived as bad news that it is related to them not selling their first batch themselves with their microdot brand, and instead selling whole batch to SR. 

88guy88 wrote: and the other key is that the initial batch is going to be or is having difficulty getting sold due to covid restrictions to get access to customers

these press releases are lawyer written so you have to read between all the double talk.

will see how it affect the stockprice going forward.....today obviously the whole sector is down and that accounts for some price drop but we are down more than most

announymous selling today to get out and soon the shorts will hit this hard as the chart has now gone from lateral to down and momentum is a killer

 

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