Forte Group Holdings Inc C.FGH

Welcome day traders. Looks like you've been suckered.

[luckyAF]

PSA to all who have come from smallcapcanada:

 - BEV has $0 revenue.
 - BEV doesn't even have a processing license. The $10M-ish 2020 revenue projection won't be possible until they get one.
 - Management has given ZERO indication BEV is going to get a processing license.
 - The liquidity you're witnessing on the ask isn't matched by liquidity on the bid.
 - There are a TONNE of early investors with a $0.10 cost base who are so happy to see you. In fact they're dumping on you right now and walking away from BEV forever.
 - Once you newbs and daytraders realize you don't have enough money to move the bid, you'll start selling. Some at $0.26... some much lower.
 - Don't be the last one realize a loss. Don't be the one who decides to turn this into a long term investment and lock up bad capital for years.
 - CTRL + F "Marcello Leone" or "CEO"

You win some you lose some. You'll lose less if you stop acting like a sucker and fomoing into pump and dump stocks without knowing the full story.

[Sal1958]

you got to be shorting BEV or you r another disgruntled Employee. Legitimate companies don't sign letters of intent with other companies unless they r assured the Processing and sales liscenses r on thier way. They don't sign letters of intent unless they know the company they r signing on with is a market leader. Don't fool yourself and others.

[gairvine]

If a company which has zilch for revenue and earnings signs a non binding letter of intent ( which means virtually nothing ) with another company that has zilch for revenue and earnings does this make the first company a decent investment, particularly when you consider the track record of the CEO?  You’re entitled to throw your money away, but give your head a shake first. Imo, this is just

[Sal1958]

I guess you r another shorter. The companies r making revenue.

[gairvine]

Not a shorter. I’d advise you to actually look at their last consolidated financials.

[Planetoflimes]

What are you honestly trying to point out. They will get their license and already co-packing clients which in turn will pay revenue. How many cannabis bottling plants are their in Canada, and how many do co-packing arguements? Not every company can or will see fit own their own bottling plant so they will use another companies plant - copacking.

[gairvine]

My point is go over the financial statements carefully. Look at the relationship between Bevcanna and Naturo Group and if your comfortable with that invest. Also look at the share dilution, the stock options, and the corporate governance. You might see a red flag or two ( or maybe three ). Do some serious DD and don’t get caught up in the hype. Good luck.

[luckyAF]

Where do you get such confidence they WILL get their license. They were supposed to get it last March and management hasn't said ANYTHING about the progress. Test your assumptions man. Ask yourself... how come 1,500,000 shares wasn't able to move the price passed the weekly high when we're already at the all time low? I wasn't kidding about my post being a PSA... the original

[wolfofvan]

I spoke with an investor relations representative of BevCanna last week for close to 45 minutes. Here's what I learned. Unsurprisingly, Covid-19 has delayed receipt of the license, from health Canada being unable to do site visits to inability for necessary personnel to travel to the site.  That aside, here's what I'm looking forward to: -Processing license is submitted and

[Sal1958]

thanks for the awsome information.

[FREEDOM55]

Thank you Sir!!

[luckyAF]

"I spoke with an investor relations representative of BevCanna last week for close to 45 minutes." Did you get a name? Most people who aren't blowing smoke say who they actually talked to. Did you ask how much cash was in the bank? The latest financials says there was only $800 if I recall correctly. Did you ask why Emma left? Why there's no face for the company? Why everyone

[wolfofvan]

Hello again old friend...  I did this crazy thing. I called the investor Relations line at the bottom of the press release. Fair warning, this method does require you to read more than just the titles of the release. Lol.  @LuckyAF - If you were sophisticated enough to do your research, you would look at the date the financials are "as of", and you would notice that since

[gairvine]

     Interesting post wolfofvan: well written and you express your point of view clearly.      I’ll throw a couple of concerns and counter arguments into the discussion. Does it not concern you that Bevcanna doesn’t seem to own much of anything? They continually talk about the bottling facility, agricultural land, and aquifer but all of these seem to be leased from

[luckyAF]

I don't own any stock. I dont know anyone at the company. And I don't speak for any of the original investors who are laughing at and dumping on you and your poor readers.    I'm just issuing PSAs so everyone can see what you obviously missed. Does the truth hurt? Don't let me tell you you're wrong or right... let the stock price do it. BTW if you've been

[luckyAF]

I guess you've never signed a letter of intent yourself... they aren't binding and so far the BEV LOI's that have resulted in contracts always include the terms "if BEV doesn't get a processing license we can walk away for free" Like the OILS contract that says if BEV doesn't start production in 2 months they will lose their exclusive rights.

[FREEDOM55]

CANADA NEWSWIRE BevCanna Signs Supply Agreement with Weed Pool to Bring Line of Cannabis-Infused Products to Saskatchewan   07/22/2020 10:31:00 PM   Signs LOI with retail buying group to distribute and sell BevCanna's beverages and extracts through their extensive retail distribution network. VANCOUVER, BC, July 22, 2020

[luckyAF]

Oh look.... a misleading headline and another LOI. We've seen so many LOIs and so few actual agreements... would be interesting to see an infographic or chart showing how many of these never actually resulted in an agreement. p.s. do we know where the pot is going to come from since the grower is working for another company now?

[wolfofvan]

Firstly, the presser clearly states prior to the 1st paragraph it's an LOI. If people aren't reading any further than the headline, they've got bigger issues. And last I checked, you sign LOI prior to moving into definitive agreement. Give them some time bud. If you look at thei agreements they've signed and executed since inception, they have executed on 90% of the LOI's they

[luckyAF]

#1 so you're saying we can be misleading as long as the body isn't misleading? #2 wow sounds like the investment relations person is great. If they're real, what's the person's name and contact so I can talk to them to?