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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Comment by BrokerGon Nov 23, 2021 10:11am
153 Views
Post# 34156715

RE:RE:RE:RE:RE:Wondering if

RE:RE:RE:RE:RE:Wondering ifWhich bring us back to my thesis earlier. If I was going t buy or merge with  Red Light Holland, I would do so now before they use up the cash in the company. Why not offer .30 cents a share costing you approx 100 million to buy them and then use the cash of 30 million, in Red Light, to pay for the purchase. Seems obvious to me. Unless, any potential acquirer feels they are not even worth $70 million. That is something I cannot explain. What is their intrinsic value? I will wait until I see the finanicals to even attempt to value them.
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