Bullboard - Stock Discussion Forum Captiva Verde Industries Ltd ARDWF

Consumer Defensive Household & Personal Products

"Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States."

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GREY:ARDWF - Post Discussion

Captiva Verde Industries Ltd > The Real Truth.... Sorry Hammy

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Post by StockFox1 on Oct 19, 2016 12:44pm

The Real Truth.... Sorry Hammy

WOW! These Clowns are $7M in the hole! Try reading the F/S you bozos... $10M including long term debt.

So they need to come up with enough cash to take care of $7M plus restart operations, which will probably fail... and these Vendors are on never never terms, probably 120+ days past due.

Going to Zero with a bullet? I think so...

If I was one of their vendors, with such a high risk of default, (definitely insolvent), I'd demand COD.

These Monkeys cant afford to keep the lights on....

Glad to be out of this pig long ago, enjoy the ride to .... Zero

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