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Bullboard - Stock Discussion Forum Choom Holdings Inc CHOOF

Choom Holdings Inc. is a Canada-based retail cannabis company, which is established as store networks in Canada. The Company’s Choom brand is inspired by Hawaii's Choom Gang, a group of buddies in Honolulu, who loved to smoke weed or, as the locals call it, Choom. The Choom Gang pursued a ‘live in the moment’ lifestyle and their energy has helped shape the Choom culture, which is rooted in the... see more

GREY:CHOOF - Post Discussion

Choom Holdings Inc > With the money they are spending on travel
View:
Post by CANNABISCANADA on Oct 29, 2020 7:14am

With the money they are spending on travel

hopfully it is to look at store locations in the United States for right after the election
Comment by BadgerUSA on Oct 29, 2020 7:28am
based on their financials they couldn't afford to enter the United States. They have a loss of . 10 per share Which is more than their share value. There Gen administration costs seem awful high. They are over double that of salary's. Would like to know what is lumped into that catch all category.
Comment by Nanardude on Oct 29, 2020 8:50am
Upload the other doc on sedar. It gives you the breakdown. If you look into general admin you will find out that there is a big chunk for consulting fees...and... to pay who? Take a guess... to pay consulting firms owned by the mgmt.. president, cfo,... they are pumping like crazy. Im disgusted. I want them to justify that when you know that we are on the edge of a bankruptcy...
Comment by Nanardude on Oct 29, 2020 9:04am
I meant *download the other document*
Comment by BadgerUSA on Oct 29, 2020 11:06am
The last place to spend money is on consultants. It's an empty pit with no guaranteed returns. As bad as they're burning cash they probably gave away three months worth of life blood maybe more. Also for so new into the retail side of it to already being paying consultants doesn't give you much confidence in management in running stores.
Comment by LucInvestor2018 on Oct 29, 2020 1:01pm
NEW TRASH HERE, MEMBER SINCE A WEEK 
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