Entourage Health Corp V.ENTG

Alternate Symbol(s): ETRGF

Healthcare

Entourage Health Corp. is a Canada-based license holder producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 26,000 square feet indoor facility in Aylmer, Ontario (the Aylmer Facility), specializing in product development and fulfillment for both adult-use and medical cannabis. The Company is focused on building a portfolio of brands in the Canadian market, including its brand Color Cannabis, mainstream brand Saturday Cannabis, medical cannabis product brand Starseed Medicinal and its craft cannabis brand Syndicate Cannabis. The Company produces a diverse portfolio of cannabis and cannabis derivative products, including oils, capsules, soft chews, topicals, beverages and vapes, for sale in both the medical and adult-use markets across Canada. Its elite adult-use product portfolio also includes Dime Bag a pre-roll offering, sold across eight provincial distribution agencies.

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Entourage Health Corp > please read page 30 of financials

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Comment by InvestingFool50on Feb 28, 2021 3:35pm

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Post# 32682174

RE:RE:RE:RE:RE:please read page 30 of financials

Method wrote:
The Q3 results say unaudited which makes sense because no one audits Q3 numbers. The filing in September also says unaudited.

It totally makes sense that the auditors came in to do the year end audit and decided to restate Q3 instead of put it through Q4 which the new CEO probably wanted to avoid.

it's all non-cash and shouldn't really matter going forward.

I own WMD.DB, anyway, so at least I have you equity guys as a buffer.

prested wrote: The September statements with Sedar say audited. The revised ones are not. One wonders how it was that the auditors saw values that were later 're-filed' as worthless. I can see writing off the goodwill at some point or amortising it as Aurora has done ($3.8 Million in 6.1919 $1.3 in 6, 20200, But all at once and all of a sudden, doesn't make sense but, thank goodness, I am not an auditor.
BTW, I am not suggesting anything of a shady or crooked nature is going on. I am sure it is not, but I think the shareholders are bewildered at the actions of the board and management and a clear explanation is our right.

Lmao ..The Q3 results say unaudited which makes sense because no one audits Q3 numbers. Yup no company ever does this..

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