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MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

Post by NLMooseon Apr 30, 2021 2:57pm
229 Views
Post# 33102803

MYM's Great Financials Show Why They Shouldn't Sell Out

MYM's Great Financials Show Why They Shouldn't Sell Out

In light of MYM Nutraceuticals' great financial performance, including a major EBITDA improvement from same quarter last year from a negative to a positive, and also start generating good cash flow, now you know why it's a bad idea for them to sell out to IM Cannabis.

However, MYM Nutraceuticals needs to work on their Calendar Literacy as they considered the previous quarter as "Quarter 3 2021".

Technically speaking, a 3rd quarter is July 1 - September 30, not December 1 - February 28.

With MYM showing great improvements in their financial statements, they are better off remaining as their own company as opposed to being in the hands of IM Cannabis.
 

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