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Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.


GREY:VGFCQ - Post by User

Comment by CanadianKiaon May 26, 2021 3:26pm
171 Views
Post# 33269307

RE:RE:RE:RE:RE:results

RE:RE:RE:RE:RE:resultsi undestand the company needs to spend money and i am aligned with reinvesting in yourself, but from a shareholder point of view, nobody should be buying at these crazy high prices assuming they will be able to make 100M a year soon. it just wont happen. its not possible unless they get a lot more money from teh market and expand their operations more, which is unlikely. therefore, buy in at $0.3-0.5 cents where it belongs based on these sales and losses.


ImpIications wrote: And I agree with you also about how her " EBITDA and LOSS"   are both getting progressively worse as seen below.

VERY has to turn this around and then she would be a "buy" ....   but this could be awhile yet before that happens  !!!






 
Three months

ended

March 31,
     Three months

ended

December 31,
    Three months

ended

March 31,
 
    2021     2020     2020  


Adjusted EBITDA net loss(1) $ (5,391,936 ) $ (3,279,266 ) $ (728,443 )
Loss per share - basic and diluted $ (0.15 ) $ (0.06 ) $ (0.02 )



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