Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

CubicFarm Systems Corp V.CUB

Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company is engaged in developing and deploying technology to feed a changing world. The Company’s proprietary ag-tech solutions enable growers to produce quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology. The CubicFarms system includes patented technology for growing leafy greens and other crops onsite, indoors, all year round. Its HydroGreen’s Automated Vertical Pastures technology utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labor, and water. HydroGreen’s fully automated indoor growing technology performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding all with the push of a button to deliver nutritious fresh forage for livestock without the typical investment in fertilizer, chemicals, fuel, field equipment, and transportation.


TSXV:CUB - Post by User

Comment by bandit69on May 16, 2022 12:20pm
336 Views
Post# 34686491

RE:The More Days Pass....

RE:The More Days Pass....
bandit69 wrote: I would say that based on my own investing experience, and simple observations in their financials and operations (i.e. overhead) that as each day passes the higher the odds that there will be a financing.

I don't know, I could be wrong but I am placing my bets on those odds.


Q1 Results out this morning.  Here are the facts, you can determine your own conclusions:

cash and equivalents beginning of period - 21,381,366
cash and equivalents end of period - 12,814,993
cash used during Q1 3mth period - 8,566,373 

Cash and cash equivalents Mar 31 2022 - 12,814,993
Number of staff/contractors increased to 168

and lastly - "we can expect our revenue will be compressed into subsequent quarters of this year"



<< Previous
Bullboard Posts
Next >>