Inner Spirit Holdings Ltd. INSHF

NR financials

[cudjo]

I dont know about anyone else but a NR about financials without any financial news is pretty suspect. On the posts here about low compensation is the reason insiders are selling shares is pretty suspect, WatchIt salaries almost top 2 million and is the reason for the exceptional losses in 2018, pretty suspect to why Inner bought it, of course we know why, I don't know about anyone else, lots not adding up for me, again, no support for the sp after this, good luck.

Revenue Notes Retail revenue $ 4,970,521 $ 2,760,613 Royalties 205,348 110,606 Advertising 54,344 29,963 Millwork 376,369 - Franchise fees 12 88,750 - Supply revenue 96,053 11,090 Total revenue 5,791,385 2,912,272 Cost of goods sold 5 3,166,071 1,518,595 Gross profit 2,625,314 1,393,677 Operating expenses General and administrative 2,201,793 765,901 Salaries, wages, and benefits 2,917,136 1,053,889 Occupancy costs 1,503,824 451,276 Depreciation and amortization 7,8 696,857 131,244 Sales and marketing 527,038 295,484 Total operating expenses 7,846,648 2,697,794 Operating loss before other expenses (5,221,334) (1,304,117) Share-based compensation 15(d)(e) 843,863 - Unrealized loss on marketable securities 4 2,092,828 - Impairment loss 7,8 3,526,918 - Interest expense 11 4,990 36,433 Royalty expense 13 5,040 58,132 Loss before income taxes $ (11,694,973) $ (1,398,682) Recovery of deferred taxes 19 - 63,500 Net loss and comprehensive loss $ (11,694,973) $ (1,335,182)

[cudjo]

sorry about the formating, SH??, you can find the reports here: Financials

[toohip]

sell it then ... adios BTW thats for 2018 finalcials .. they got 7 open stores this year .. 700. in one month 1 store. do the math for when the 2019 quater earning come out kaboooooom to da Moooon!

[RetiringYoung]

You keep saying the same thing but to be honest, you should say they get 6% of the 700 in the busienst month of the year (the crazy opening). So they get $42,000 ..... the moon better be close with that little kaboom lol None of the cannabis retail chains are going anywhere until ON allows another 75 stores just to start imo

[toohip]

https://ca.proactiveinvestors.com/CNSX:ISH/Inner-Spirit-Holdings-Ltd/

[sotypical]

This post has been removed in accordance with Community Policy

[Jessa7]

This post has been removed in accordance with Community Policy

[Canadabis2018]

Anyone have any predictions on when we might see .30s-.40s again? I’m personally thinking another year if things go right for ish. Reading back on posts a few months there were predictions of .60s by now lol. One would have to think franchisees will no longer be able to hold empty lease space nor would they want to much longer. That could cause problems and further delays for stores to open

[toohip]

will hit .50 my bet on next quater earning comming out.. load uo there is only 123m shares in the float wich means big spikes when volume starts comming in  Shares Outstanding 5 193.38M Float 123.02M

[toohip]

A "low float" stock is one with a relatively low number of shares available for trading. Stocks with a low float and low market-cap tend to be volatile, and can make huge moves to the upside very quickly if they have a positive catalyst.

[Chrysanthalas]

A low float is less than a 60 million not 120 million.  120 million is about average.  Also remember that volatility has two directions that being said I have 46,000 shares of ish at a .30 average.  Cannabis retail is guaranteed.

[JMFHeidecker]

hope your right.. Im sitting on 27000 at  0.29.  Not going to lie, its been a tough couple weeks.