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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 > Little math for this wreckage
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Post by FordVictoria on May 25, 2022 6:29am

Little math for this wreckage

Just doing a little math for those who think there is no value in here.

Total debt 12 Million (book Value) 18 million so company has a value of 6 million that transform in .015 cent or close to it. Probably or hopefully they will be able to make any deal with the stores and anything else they have that will increase that value. Aurora could take them over since would not be much for them. This is risky but there are big chances to come out of it and make a profit at .05 I understand all longs must be really sore and hate this stock I would too in their position but this for the ones that want to take a chance at .005 does not look too bad.
Just my idea do your on DD.

Assets (as at December 31, 2021)
Prepaid expenses and lease deposits (current) 196,215
Prepaid expenses and lease deposits (non-current) 369,293
Property and equipment 3,483,665
Right of use assets 6,747,853
Intangible assets 6,619,536
Investment 715,282
Total Assets (Book Value) $18,131,844
Comment by Luc1979 on May 25, 2022 11:57am
You do realize even the top companies are losing tons of money lol if you think Choom will go up while Canoy tanks down i think your a lost cause if you believe that lol
Comment by FordVictoria on May 26, 2022 9:16am
it is not a question that choom will go up (this company did go from .20 cents to 0) not counting all time high of around 1.4, companies get oversold, market is evaluating the company at 0 for the moment, I am just saying the numbers, real state, brand, and other goods - the debt puts the company in around .015 cents that is without making any good deals. Aurora can just say I will give the ...more  
Comment by Luc1979 on May 26, 2022 12:54pm
The risk exist  they could decide to just end up bankrupt  i mean with all the hush hush i have money in this but i would not lose my sleep over 3k but it is very very real that they could end it all
Comment by CANNABISCANADA on May 26, 2022 5:08pm
WHY ARE YOU HERE? SERIOUSLY WHY ARE YOU HERE?
Comment by Luc1979 on May 26, 2022 5:42pm
Cause i have probably more stock in this then you so yes if it turns 0 i would lose  If you are not upset and love the silent treatment they are giving for over a month, while not knowing the future of this dump. If you have money to throw away like that, without being mad and upset good for you
Comment by CANNABISCANADA on May 26, 2022 7:22pm
TAKE NOTE! NEVER INVEST MORE THEN YOU ARE WILLING OR CAN AFFORD TO LOSE, and dude never say that you have more invested in a stock then someone eles it makes you look very STU I won't say it but you do get my point Right?
Comment by Luc1979 on May 27, 2022 1:23am
Learn to read i said probably i think you are the st pid one here arguing  everyone gave up, i highly doubt you can give a lesson to someone else on this board walk away since you have still a bit of dignity
Comment by CANNABISCANADA on May 27, 2022 5:57am
hummm Okay who and what type of person am I dealing with here? Let's take a deep dive into your who Luc1979 is (kowning it's your sudinum) So let's take a walk through the your mind/personality shall we, (obtuse) would best decribe just one of your characteristics and that would be the lack of intellectual acuity, the second characteristic but equally as important that I can take away ...more  
Comment by Luc1979 on May 27, 2022 9:48am
As far as i know it is an opinion site but from a company that went 1.69 to not a cent please keep your own opinion to yourself
Comment by JakeVegas on May 27, 2022 9:57am
Take a look in the mirror before you start psychoanalyzing people expressing their opinion on a bullboard insecure little fellow.> You been shilling this company for the last year with your dribble about "Corey & Chris" & your boring articles so maybe just stfu.
Comment by FordVictoria on Jul 07, 2022 11:23am
Well 5 million could be put down to the debt so debt now 7 million. With some luck we will finish with some value. Time will tell.   
Comment by Nanardude on Jul 07, 2022 1:30pm
so it looks like they sold the most profitable stores and High tide will pay Choom with... shares! These people arent business people Im sure of it now lol what a failure..
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