Post by
Thefinals23 on Jan 07, 2020 11:42pm
Company now has $2.7 Million👇🔥👇 🔥👇🔥👇
Money is coming in folks:
1. The Company has finalized the sale of its retail location in Lloydminster, Saskatchewan and met all the criteria for the transfer of the license to the purchaser.
2. London, Ontario Facility Update With 250,000 sq ft of greenhouse space and 85 acres of land, the London, Ontario facility has received tremendous interest since it was placed on the market earlier this year
3. Joint venture with Flyte Classic vape pens (orders out the door! Will be there this weekend as well) AS PER CEO - KEVIN
Comment by
wildhorse65 on Jan 08, 2020 9:16am
We'll see if Kevin et al have the decency to put ALL of the money toward the growth of company and benefit of shareholders. Or, if they will pay themselves. It's my opinion that hey should not touch any of the money for pay or binuses or perks of any kind. 100%$ of all funds coming in should be put back into the company until it has been in the debt free positive for 6 moths. imho
Comment by
Wallhalla on Jan 08, 2020 9:31am
You are bang on WidHorse. We should keep in mind $2.7 million of revenue is not $2.7 million for the company. They need to deduct COGS (which were higher than revenues based on last FS), deduct operational expenses, and pay Volero. Not sure how much will be left for the bottom line.
Comment by
weedstocks111 on Jan 08, 2020 9:44am
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Comment by
HUGE0000NASDAQ on Jan 08, 2020 12:58pm
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Comment by
Maddmartigan on Jan 08, 2020 5:37pm
According to bloomberg shares outstanding = 509.86M HUGE closed at 11.80CAD today