OTCQB:VVCIF - Post by User
Comment by
1hot-techwomanon Nov 16, 2021 6:57am
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Post# 34130483
RE:Steady improvement! Near profitability
RE:Steady improvement! Near profitability JreBud wrote:
I must say,quarter after qaurter Vivo has continued to improve its balance sheet and overall numbers. They may not be doing it in the flashiest of ways although huge increase in Australia and going forward with Germany seems to be like the best route there. In this Canadian recreational market overflooded with flower it makes sense to focus on and build for the future in these newly expanding territories. We have all the pawns in place and as they start to move and the sales will start to grow I think through all the pain of Sp over the past couple years vivo seems to be one of the first LPs that will create a sustainable profitable company spelt on international medical sales. With our GMP and percised dosing products with Pharmascience on the horizon(Q4) this really may be the diamond in the rough. As the next surge in the cannabis sector seems to be started, the fat in the industry will be trimmed and I believe Vivo will prevail and grow accordingly, excited for the next quarter and hopefully a profitable one! Good luck to the longs
Yes this is all true and yes they are now very close to profitabillity which will also make them a takeover target now !!!