RE:RE:RE:RE:RE:No RS here!! Auxly Extends Financing !!
Investorpedia wrote: Wow. Good news. It hasn'tbroken below $0.095 yet.
As I previously posted, your optimism is totally surreal. Time to get sober and cut out the blue sky stuff. This shyte is totally real. Anybody who invested at a higher price is definitely not impressed. We get 1 sad release from xly after another.
It's gonna take a long time for any turn-around success. I don't iunderstand why you keep promoting this stock? You are losing, if not, have lost a lot of credibility. All you need to do is to add a little realistic, real life thought to your postings. You might then re-achieve more acceptance to your postings. Right now, for me, they are thumbs down.
What you call optimism I consider an objective counterbalance to non-factual, emotion based, negative hyperbolic lies puked out by an endless string of Short minded posters on this board.
I respect your perspective Investorpedia, you're normally more balanced in your analysis but I sense you may have fallen over to the dark side.
Let's get this straight. I ain't promoting anything. You do your thing. I'll do mine. When I see false or wilfully misleading information stated as facts I'll challenge it with the truth for a more wholesome/complete perspective.
The use of these boards by trading houses and short sellers to spread lies intended to manipulate retail investors is something I detest. If I present information that isn't factual or ground in truth please feel free to correct me with a factual counter. Not BS.
When you say, 'We get 1 sad release from xly after another.' I find that statement a negatively weighted and misleading. Are you suggesting the 100% Acquisition of Sunens was bad news? You do know that this will reduce COGS through all Auxly brands by significantly reducing the cost of furnish and that this improvement should begin being reflected in Q2-2022.
Yah. There have been setbacks with the Kolab Project equipment installation. Those issues won't last forever but the sooner they are overcome the better. This is one issue that does pizzzmeoff for sure but it's not the only thing going on with Auxly.
There has been plenty of other good news though. Like a the 147% growth in NET Revs Q1-2022 over Q1-2021. That was a decent start to 2022 and set the foundation for future improvements moving forward.
https://auxly.com/news/auxly-2022-first-quarter-results/
Auxly is on track for 2022 NET Revs to grow by more than 40% to over CAD$120 million and they're set up to improve margins by tightening controls on Cost of Goods.
Shutting down Robinsons and focussing on the more successful Value Added product brands coming out of Dosecann and Kolab Project while simultaneously concentrating cultivation activities at the the extremely efficient Leamington/Sunens greenhouse facility was a solid cost cutting move, albeit painful. Though costly in Q1 the positive financial benefits should start to become apparent and reflect in Q2. This was a fiscally responsible move and yet the Short Dogs howled.
There has been plenty of other positive news as well. All you need to do is read all of the press releases. They're filled with declarations of #1 this and Top Ranked that. They're not that hard to find if you take the time to look.
https://auxly.com/news/
When you speak only about what concerns you, you're more likely to be consumed by the anxiety generated by those concerns. Perhaps if you took the time to celebrate the positives you my find you feel at little less negative.
With their facilities built out and still room for ramping up to full scale capacities Auxly is set to continue to significantly increase revenues and improve their margins by reducing increases in COGS combined with maintaining or slowly lowering SG&A costs.All this should bring Auxly around the EBITDA bend by year end.
As for the Extension of Financing. This was the move that enables Auxly to use the Leamington credit faculty to fund ongoing operations as it was originally intended.
Wether it's enough or not remains to be seen but Auxly has been operating on a tight line for some time now. They're not about to quit just before becoming profitable. Once they break that threshold...???
I'm sure you've heard the saying.
Quiters never win and Winners never quit.
AUXLY's in it, to win it and so am I.
Yes, I'm an Auxly shareholder. My bag is filled will massive steel balls and I've got a ridiculous amount of dry powder waiting on the side.
As for blue skys. We hit the pitch rain or shine where I come from. Stop bein' such a bunch of whining pussies. It's pathetic and exhausting. Faaaaakkk....
cheers