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Bullboard - Stock Discussion Forum Captiva Verde Wellness Corp C.PWR

Alternate Symbol(s):  CPIVF

Captiva Verde Wellness Corp. is a sustainable real estate company that also invests in sports and wellness opportunities. The Company has not generated any revenue from its operations.

CSE:PWR - Post Discussion

Captiva Verde Wellness Corp > It's worth noting....
View:
Post by BizarroJerry1 on Oct 27, 2021 2:20pm

It's worth noting....

That even if you axe the Solargram receivables from the balance sheet, and cut the value of Solargram farms in half, this is still trading 25% below book value.
Comment by TheCapitalist on Oct 27, 2021 2:45pm
I would axe solargram as an asset, in its entirety. 
Comment by BizarroJerry1 on Oct 27, 2021 3:58pm
That makes no sense unless you think Solargram will somehow establish they own the land and all the equipment, which seems pretty unlikely. As far as I can see, Captiva owns the operation and equipment and Solargram the company basically grows and sells the dope and takes their cut.
Comment by TheCapitalist on Oct 27, 2021 4:13pm
Exactly. I'm going on the premise that PWR no longer has any association with solargram, or related assets, and therefore has no cannabis business. Jeff stated himself in the news release regarding the lawsuit that PWR would not be continuing to do business with solargram.  Otherwise why is Jeff trying to acquire non-related businesses (e.g. first crypto, then that neuro tech that fell ...more  
Comment by mikeL2021 on Oct 27, 2021 11:43pm
Very true.  I got bluffed by someone and I bought a lot of shares. Stupidest move ever in my life. 
Comment by biggdeal on Oct 28, 2021 10:12pm
Hopefully the person who convinced you will make good on their " advice"
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