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Bullboard - Stock Discussion Forum BellRock Brands Inc DXBRF

BellRock Brands Inc. (BellRock) is a cannabis consumer packaged goods (CPG) and intellectual property platform company. The Company is a multi-state cannabis house of brands possessing product portfolios, developed through research and differentiated intellectual property. The Company has approximately 100 products available through its two flagship brands, Dixie Brands and Mary’s Medicinals... see more

GREY:DXBRF - Post Discussion

BellRock Brands Inc > financials
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Post by geodcan on Jun 16, 2020 2:18pm

financials

I didn't think the last nr in regards to financials was that bad but obviously the situation is critical for BR to be able to do this conversion of whatever value is left.  This has got stink all over it and heads should roll in the Dixie camp.  By my way of thinking this should have offers from lots of potential takeover candidates or did BR still control this after the first deal?  If they were still pulling the strings on the puppet to tank this company with all of its potential and wind up with all the assets and IP.  We are talking about a company with 100 plus skus and a 10 year history and existence and brand recognition.  Sadly, I agree with the previous poster that what is happening is probably as good as it gets but this is called buying the pot and gets no respect, especially from the first shareholders who saw the exact same potential in this as BR does now.  This type of manipulation is becoming mainstream and considered fair play and there is a huge amount of attrition, consolidation, reverse take-overs and other types of conversion, especially in the marijuana business!  Where are our securities people and what are they doing about this?  We need some securities action to scare the people that perpetuate this kind of company building.
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