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JIVA Technologies Inc C.JIVA

Alternate Symbol(s):  PLTXF

JIVA Technologies Inc., formerly PlantX Life Inc., is a Canada-based company, which is focused on building niche online wellness communities and creating physical environments. It is an e-commerce, marketing, and wellness Company. The Company focuses on joint ventures to support wellness brands in developing their online presence. It owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy, as well as The Locavore Bar and Grill.


CSE:JIVA - Post by User

Comment by Alpha007on May 19, 2022 11:24am
66 Views
Post# 34695434

RE:Projections?

RE:Projections?Probably a little concerned about the 20,000,000 shares issued, and they issued more shares last month too? I get it's a cheaper way to pay for things vs cash/debt but hurting the stock long-term and shareholders....greed is the best way for start-ups to fail, sure they can reverse split if they issue to much too early but lose investor trust. After that last issuance be around 150,000,000 shares outstanding? Say they get stable at $2M monthly revenue, so $24M for year, if we use todays price/ratio ratio of 1.82x from end of 2021 that'd value the company at $43M or $0.28 a share...from what I can see in this companies price history, alot of people (Early investors) took profits and dumped this stock, so will as well come down to if management has a long-term view to actual make this a billion dollar company.
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