Thoughtful Brands Inc PEMTF

RE:RE:TBI

[Snowhouse]

What do you think? Is it a Manipulation or non-stop dilution that has plummeted the stock price under a nickel?

At some point they need to stop issuing shares for each and every payables that they incurr.

SuperMoney wrote:

Interesting article to read:

https://www.valuethemarkets.com/2021/03/08/highly-anticipated-regulation-changes-in-2021-could-revolutionize-americas-cbd-sector/

 

SuperMoney wrote:

 

The followings are some key highlights from the previous news (please read the previous news at: https://webfiles.thecse.com/03112021_TBI_NR_Corp_Update_0.pdf?giE77pYU2bkZvSzDUXDluVHd4mNzMr6q)

(1) Over the past two quarters, the Company has focused on increasing profitability through improved customer retention rates, contributing to higher net margins...

(2) The Company has commenced integration of the production of distillate and isolate produced by its subsidiary, American CBD Extraction. New superior quality CBD products have been formulated and are planned to be introduced to the market in Q2 of 2021.

(3) In addition to the new product lines, the Company plans to establish a supply chain for its wholesale hemp biomass throughout the United States and Europe, which will increase topline revenues and contribute to overall net margins.

(4) The Company has also initiated sales in Europe, implementing its proprietary test-marketing program that is currently identifying demand for specific natural health products with the highest net margins.

(5) Based on TBI’s previous financial reports, at the end of September 2020, TBI had about $96 million of total assets and about $9.7 million of current assets/cash. However, the current sp is only $0.045. Is it a joke???

Please read the financial report at: https://money.tmx.com/en/quote/TBI:CHI/financials-filings

(This is just my opinion. It is NOT any investment advice. Do your own DD.)