Nextleaf Solutions Ltd C.OILS

Just going to leave this here

[GreenWave85]

"As the Company has recently commenced generating revenues, its ability to continue operations will be largely reliant on its continued attractiveness to equity investors.

The Company is expected to incur operating losses as it continues to expend funds to develop its business operations. Even if its financial resources are sufficient to fund its current operations, there is no guarantee that the Company will be able to achieve its business objectives.


The continued development of Nextleaf is expected to require additional financing to fund further growth. The failure to raise such capital could result in the delay or indefinite postponement of current business objectives or the going out of business. The primary source of funding available to the Company will consist of equity financing.


There can be no assurance that additional capital or other types of financing will be available if needed or that, if available, the terms of such financing will be favourable. In addition, from time to time, the Company may enter into transactions to acquire assets or the shares of other corporations. These transactions may be financed wholly or partially with debt, which may temporarily increase the Company’s debt levels above industry standards"

[LastoftheFranks]

MD&A: $455,217 in licensing (royalty) fees from the Royalty Agreement executed in December 2019 with a private British Columbia company. Due to supply chain challenges and general market uncertainty as a result of COVID-19, Management’s has not determined annual guidance of expected revenue to be generated from the contract in fiscal 2021. Financials: As at September 30, 2020, the

[LastoftheFranks]

***Ignore the "Due to supply chain challenges and general market uncertainty as a result of COVID-19, Management’s has not determined annual guidance of expected revenue to be generated from the contract in fiscal 2021." attached to the end of financials section. Typo***

[LastoftheFranks]

These were always going to be sh*t seeing as most of the year was capex. Would've been nice to know about the licensing scandal with the manufacturer though.

[ilvmyt5s]

They are doing alright considering loss of sales for Q3 due to COVID. Also some bad luck with a vendor and took a loss. They did get contracts and they only started commercialization 2H 2020. They need to cool it with the patents and spend more on sales. It's a good sign if consultants accept shares as payment. Wait and see what the raise is going to be like. Issued and outstanding is about

[GreenWave85]

I still see nothing to address costs and compensation levels.   Not all costs are fixed costs.  When you're losing money left, right and center it might be a good idea to reevaluate a) what you're spending money on AND b) how much money you're spending on discresionary spending and if the wages are in line with the value and capitalization being brought to the