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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by AlfTanneron Aug 05, 2021 8:34am
201 Views
Post# 33653688

RE:RE:RE:RE:Much better than it looks

RE:RE:RE:RE:Much better than it looksNevermind; profits were $3.9M.  The $37M in receivables was booked as revenue and is shown as an asset.  I was thinking about production that was not sold.  Receivables are sold, and the company just does not have the cash yet.  That is what I get for quickly looking at the report late at night.

The good news is there was a profit, and there could be $37M in additional cash flow in Q3.

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