Beleave Inc BLEVF

How man

[Azt3kk]

400% rev gain and the price drops soo sick of waiting for this stock

[Joemax68]

There is no need to panic, the news has not come out yet of the financial report. When the news of the financial will be public ( stockhouse or financial institutions ) the shares will come back up. 

[Stalkhouse]

This post has been removed in accordance with Community Policy

[Azt3kk]

i just sold my other holdings in another stock and bought more beleave, lets hope these guys pull through

[Can4real]

The answer is NO instititutions trade this stock. It's 100% retail investors who panic and sell the price down. The financials just released are OLD news. They have clearly kept their lights on since then and continue to build out their facilty. Good buying opportunity IMO. 

[CanadianBacon83]

what financials? did they release their recent financial staement that they were supposed to do on july 30th?

[BobApples]

SEDAR has the FINANCIAL STATEMENTS THREE MONTHS ENDED JUNE 30, 2019 AND 2018.  These would not include the London facility sale nor store sale. Cash was low, but shouldn't be next quarter. 

[Wallhalla]

Cash will be lower next quarter.  They can't raise the money they desperately need to stay alive and they are losing money for every gram they produce and sell.   

[Azt3kk]

losing money for every gram they sell yeah that makes complete sense Senseless bashers in this board i tell ya

[Wallhalla]

Its in the finanicals.  They made $718,700 and it cost them $545,870 to produce, not including $1,090,064 for operational costs, leaving them with a Net and Comprehensive Loss of $1,531,217.

[Azt3kk]

okay those costs are due to expansion, and building If it costs more to make a gram than you can sell it for than nobody would ever look into weed ever

[Wallhalla]

Can you direct me to where they paid for construction costs? I see nothing for the quarter, whihc makes sense because they only got the buidling permit on June 24th and the period ended on June 30.