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Bullboard - Stock Discussion Forum Sproutly Canada Inc C.SPR

Alternate Symbol(s):  SRUTF

Sproutly Canada, Inc. is a Canada-based company that is a supplier of all-natural water-soluble and oil ingredients for cannabis products for the beverage and consumables market. The Company’s Health Canada Licensed Facility located in the greater Toronto area operates the application (APP) Technology and produces naturally water-soluble cannabis solution (Infuz2O) and cannabis plant oils... see more

CSE:SPR - Post Discussion

Sproutly Canada Inc > Sproutly on a Ventilator.
View:
Post by MisterPut on Jul 05, 2022 1:51pm

Sproutly on a Ventilator.

She is debt ridden with no equity left to leverage, has lost it's investor confidence, has no fundamentals to keep her up, no leader to effectively lead a charge, and nor does she have any viable path left to profitability. IMHO Sproutly will breath her last breath before the years-end.

What a shame!
Comment by MRK421 on Jul 05, 2022 2:30pm
Spr was dead man walking once management led by  bozo dolo fked up the moose jv. Was it a pump n dump from the start is the question. Share price would say yes it was always a scam. 
Comment by Gman620 on Jul 05, 2022 3:16pm
The company went public on a big promise of 'rapid onset and predictable offset". All he had to do was release a product with that 'feature', gain proof, experience and a foothold in the market, and then grow. That's what people wanted. In four years he never released this product. As soon as "Cannabis 2.0"  was legal in Canada, he should have had a product OUT ...more  
Comment by crunchymuffin on Jul 05, 2022 10:25pm
A mix of incompetence, arrogance, and self-serving interest. Arup should be ashamed, but knowing him, he is probably incapable of any self reflection.
Comment by crunchymuffin on Jul 05, 2022 10:30pm
I don't even think this is the case with Dolo. Arup has been leading this charge for a lot longer and the company has moved even further backwards. It would seem to me he is the problem here and always has been. I'm curious as to if Moosehead was killed because Arup's dealings with Kalo in the states benefited him personally more, so he chose IBS over being faithful to shareholders of ...more  
Comment by MRK421 on Jul 06, 2022 5:58am
dolo was in charge when spr bought out ibs in Canada and did the jv deal with moose. He was making all the right deals but couldn't release a single product under his watch with the wind behind spr back. And investors never got a proper explanation wtf happened to the jv drinks. The drinks were supposed to be released end of 2019 way before the Covid shi t show.  
Comment by crunchymuffin on Jul 06, 2022 8:17am
That's exactly my point. He couldn't release a product then because Arup was the roadblock just like he is the roadblock now. It's why there still hasn't been a product release after all this time but we never stop hearing about how many formulations have been done. The fact of the matter was promises were made to shareholders of Sproutly. IBS was paid a significant amount of ...more  
Comment by MRK421 on Jul 06, 2022 8:53am
The guy lives in Florida. I'm surprised he isn't being sued there by spr investors. I know many ppl r pissed for being screwed. Remember the smart money warrant holders at .10 and .08? Lol
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