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Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA... see more

CSE:TGIF - Post Discussion

1933 Industries Inc > On a more positive note
View:
Post by Freebirds on Nov 29, 2021 10:04pm

On a more positive note

Over the reporting period, the Company worked to improve yields, launched premium strains and new form factors, expanded extraction and cultivation capacities, and strengthened its CBD e-commerce business. Cannabis inventory increased by 143%

 

The Company believes that it is on the right path to improve its growth and reach consistent profitability in Fiscal 2022

 

$ Consistent profitability sounds good! Maybe a hint by Paul starting with Q1 next month and then consistently profitable? Looking forward to that! this fukin guy full of sht? 

 

Yeah the sector is beat down and TGIF is feeling it, but it’s so badly beat down right now it’s got way more upside than down now aha and SAFE banking will be waking up the bull very soon…this is what we need to get things going here not just great financials (which has been proven here in the past) 

 

SAFE banking is a priority tomorrow morning, this is the Fifth time now this has passed in senate and now has an extremely large amount of bipartisan support and has its best chance to make it onto Biden’s desk before December 13th. 

 

It will be a Merry Christmas and a Happy New year here ) GL 
 

November 29, 2021

The House of Representatives will consider a continuing resolution to fund the federal government, preventing a government shutdown ahead of the Dec. 3 deadline. The Senate will resume consideration of H.R. 4350, the National Defense Authorization Act (NDAA). A joint trade letter was sent earlier this month highlighting provisions. The letter supports the inclusion of several priorities, including The Secure and Fair Enforcement (SAFE) Banking Act and remote notary language.

 

Tuesday, Nov 30, 2021

10:00 a.m.: Convene and resume consideration of H.R.4350, the National Defense Authorization act for Fiscal Year 2022.

Comment by Arbutus22 on Nov 29, 2021 10:35pm
Two cents: Results not terrible.  Expectations on this board were high. Clearly, high expectations were not met. Still, there was considerable forward progress, i.e.: -net loss reduction -expenses cut to the bone -gross margin increasing -cash on hand up +50%. Positive takeaways from Q: "The increase in the gross margin percentage is primarily due to the Company's enhanced ability ...more  
Comment by Weedmd11 on Nov 30, 2021 7:07am
Im not mad or negative at all I never said I was out all I'm saying is if we can find a way to increase revs everything will be that much better is all. I'm going to add but I see market and sp coming to 5 I'll add there My position is big enough I just wanted to see more money brought forward on sales. That's just me. Balance sheet is being cleaned up clearly can see. I just want ...more  
Comment by jfogarty12 on Nov 30, 2021 7:43am
SIGNIFICANT improvement  but yet   early bids and asks  are DOWN -- total lack of patience can't even wait a month to see if Revenues have improved over the last three months since PANDEMIC .....that's people GREAT over_all company performance - 
Comment by Weedmd11 on Nov 30, 2021 7:56am
The numbers in Vegas were huge for weed sales and we only rev 2.5 come on man what do you expect 
Comment by Dillinger4 on Nov 30, 2021 8:48am
.0396 Bid for 10,000,000 shares.
Comment by meagain on Nov 30, 2021 8:49am
Freebirds, stop drinking the Koolaid!!!!! What happened to profits and cashflow positive??  This POS is done!!!
Comment by Freebirds on Nov 30, 2021 9:39am
I'm still way above water here and am back in with FOMO recently...the new low that was just created is a bit disturbing to stay the least! I have a 100k on the ask at .06 so I'm letting some go for now and keeping too many still due to my severe case of FOMO....And confidence in SAFE being passed in the next couple weeks...GLA 
Comment by meagain on Nov 30, 2021 10:19am
Well good luck, but there is a zero percent chance SAFE is passed in the next couple of weeks. House and Senate? No way... Too many issues on the burner and Xmas 3.5 weeks away. Now throw in a new Covid strain for shiggles.... Sigh...
Comment by Freebirds on Nov 30, 2021 10:33am
What can I say, I'm hooked on TGIF for some reason. Been hooked since IPO and will be long from here for the foreseeable future.  I'm on board with the changes, current plan and direction we are headed in...I will probably always have some TGIF as part of my portfolio as I'm quite anxious when I'm not holding any! That FOMO will probably go away after the next decent pump ...more  
Comment by Arbutus22 on Nov 30, 2021 1:32pm
Fear blanketing the market. Cannabis sector all down. TGIF not down much more than others. SP now where it was sep/2020. Bargain bin days for many stocks including TGIF. Only question is how low will it go before bounce back. Crazy, given that company financials are solid; total turnaround from a year ago. Agree with Freebird; hints in the release of 'consistent profitability'. Every word ...more  
Comment by meagain on Dec 01, 2021 8:42am
LMFAO... Sorry I can't help myself.  The hints.... They happened a year ago too.  Lots of interviews where they said profitable and positive cashflow basically imminent.  Needless to say that sure didn't happen.   Bottom line, Fins were terrible.  MAJOR DECLINE IN REVENUE.
Comment by Dillinger4 on Nov 30, 2021 2:53pm
What sucks is I like 1933's products. Haven't tried any of them yet but over here on the east coast but I would say they are probably on the same level or better. Their old packaging was garbage with the hippy look. The new designs were a 100% improvement.
Comment by howie65 on Nov 30, 2021 3:55pm
Needle and the spoon buddy - hooked as well. At least you are above water on this, frustration and loss for those underwater still. Covid seems to have little impact here. If had an impact we should be at .04  The lack of new clients is the concern.  143% increase in inventory- they could have mentioned the expectation to sell out the new surplus inventory and what the sell thru ...more  
Comment by meagain on Dec 01, 2021 8:46am
Correct Howie!!! It's been like 6-8 months of Monthly Progress Reports showing zero new customers. No wonder Rev's are declining. 
Comment by meagain on Dec 01, 2021 8:39am
LOL, well good luck. At least you are not in denial and are honest with yourself.  I feel you, in terms of being around since 2017.  So painful knowing what "could have been" at things been done differently. Ah well... No crying over spilt milk. ;-)
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