Post by
CleverInvestor2 on Nov 30, 2019 11:49pm
Is EMH going Bankrupt?
Everywhere I go, that's what people are talking about.
The guys over at VFF are viscous. Can EMH keep up with their half of the deal of PSF? or will we go bankrupt by June 2020?
Comment by
MarketBS on Dec 01, 2019 4:07pm
VFF board are only stating the facts! 2.5 million, that is sooo laughable and sucker play.
Comment by
GHASHDOWDxvs on Dec 01, 2019 5:22pm
This post has been removed in accordance with Community Policy
Comment by
Gmoney5000 on Dec 02, 2019 12:53pm
Explain why they would go bankrupt!?? Tool!!!
Comment by
CleverInvestor2 on Dec 02, 2019 10:31pm
Sure, no problem. EMH is posting losses of 17.5M per quarter (as per most recent quarterly results) and only have a certain amount of cash left to pay off debt, liabilities and current obligations to PSF. At this rate, they'll be underwater by 2021. They don't have enough cash to keep posting 20M+/- losses per quarter. That equates to almost 100M in losses per annum.
Comment by
MarketBS on Dec 03, 2019 9:38am
G... Money My ohhh my... you not to read the financials? see my previous posts all the way back.... don't be a hero going to zero! SEC needs to investigate these guys as they run with your money your outing your hard earned money in the hands of clowns and monkeys!