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Bullboard - Stock Discussion Forum Ionic Brands Corp IONKF

Consumer Defensive Tobacco Cannabis
Ionic Brands Corp. is a cannabis holdings company engaged in building a multi-state consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The Company’s primary business is the provision of services and products ancillary to the cannabis production and processing industry in the States of Washington and Oregon. The Company, through its subsidiaries... see more

GREY:IONKF - Post Discussion

Ionic Brands Corp > So...What we have here is 8.3m$USD rev with 10m$ mktcap!!!!!
View:
Post by QcTrader on Oct 04, 2021 2:47pm

So...What we have here is 8.3m$USD rev with 10m$ mktcap!!!!!

smells like upside to me!!! 

im in!!!!

Comment by LongTbuffet on Oct 04, 2021 3:58pm
That's 8.5M US per Q on a 10M cap. Almost 30M US annual REVENUE. 
Comment by yvrean on Oct 04, 2021 6:10pm
That's record sales, not revenue. Big difference.
Comment by LongTbuffet on Oct 05, 2021 3:26am
That's 8.5M US per Q on a 10M cap. Almost 30M US annual SALES!
Comment by QcTrader on Oct 05, 2021 7:07am
Whats the difference? in a market where you have to be very creative for accounting purposes....? 280E, not to mention Washington own law in regards to marijuana operated businesses and owners behind those businesses....  The only way to balance those numbers out is through consulting services fees or equipment rental and so on....  but ill give it to you.... i am far from an ...more  
Comment by yvrean on Oct 05, 2021 1:11pm
I'm no accountant either, but I do knolw this. If this is such a great deal, why is it at $0.08?
Comment by QcTrader on Oct 05, 2021 6:41pm
because its a sleeper?   
Comment by QcTrader on Oct 05, 2021 6:58am
yes i should have highlighted the 8.3m$USD per Q..... pretty unreal if you ask me.  
Ionic Brands Corp
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