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Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Healthcare
Forte Group Holdings Inc., formerly BevCanna Enterprises Inc., is a diversified lifestyle and wellness consumer packaged goods company. The Company, through its subsidiaries, is focused on developing, manufacturing and distributing lifestyle and wellness consumer packaged goods for in-house brands and white-label clients via a multichannel sales network. Its segments include Conventional Beverage and Ecommerce. It offers alkaline and mineralized beverages and supplements. It owns and operates around 40,000 square feet beverage manufacturing plant. It owns a naturally alkaline spring water aquifer located on site. It manufactures and markets the TRACE brand of Blackwater and alkaline waters, concentrates and shots to retailers and online across Canada. It plans to sell a range of nutraceutical health products on its e-commerce platform in the United States. The product segments cover life longevity, heart health, sleep health, brain support, general wellness and natural slimming.


CSE:FGH - Post by User

Forte Group Holdings Inc > Bev Selling versus buying
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Comment by shnepson Mar 04, 2022 10:45am
139 Views
Post# 34483117

RE:RE:RE:RE:RE:RE:RE:RE:RE:Bev Selling versus buying

RE:RE:RE:RE:RE:RE:RE:RE:RE:Bev Selling versus buying As for Embark shareholders this debacle a couple of days ago, with Embark shareholders selling, is going to happen once a month for the next year. Obviously Embark shareholders see no value in remaining in Bevcanna otherwise they would hold, as opposed to "moving on to other ventures".
Why did Bevcanna not get their own sales four years ago instead of over paying for one now?
The payment of shares is because BEV cannot perform a PP for raising well over $10M (based on their burn rate) you can't go back to the trough every 3 months.
What other choice is there for them, they spend 10X as much as revenue they generate in gross profit.
There is no cash.
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