Eureka 93 Inc LXLLF

scam

[steven102]

. I have a question to those who are saying it's a scam maybe you guys could help me out. If it's a scam, how these guys are able to do 4.2 millions in revenu in 3 months? Because if I consider a very low price of 3000$ a kilo, then it's 1400kilos of cbd meaning we are actually supplying someone right? And the sales are actually much bigger then the past so meaning we are growing and selling more.....am I missing a point here??

[kulewater]

This is a legit company that did an RTO and some M&A with other legit companies. The financials speak for themselves and the assets are golden. Once they consolidate some of their operations and show the steep trajectory of revenues this will head back to its pre-merger valuation that equals about $10-12 / share. Some people are upset because they got caught short and nobody wants to be on the

[steven102]

yes but don't you think the initial 15/1 split was kind of delusional in many ways? A split share is good but they could had done a lower split so we could open closer to 4 and let the numbers speak to let the sp climb slowly and get in thew nasdaq just like VFF village farm did. 15/1 was kind of either retarded or planned to screw the shareholders in many ways, yes we could at some point go

[bullmarkets]

read the financials . the margin are Sh@t  -- they have tons of debt, they outright lied about the value of the hemp crop, they are still lying about inventory value .. canopy dropped them.. million a month burn..   i hope you guys buy it up to 5 bucks .. its going to zero.. 

[kulewater]

The split was completed to do two things.  Bring the share table into compliance at a reasonable OS. Level the equity of all the amalgamated entities.  The mergers have only ADDED value to the organization as a whole. Dont let the current PPS dictate the intrinsic value.. its a lagging indicator. There are many moving parts of this deal and there are even more shortsighted investors.

[Smokerama]

You unfortunately have no idea as to what went on here. They merged with companies that they all had shares in. It is a scheme that was orchestrated to make a few guys rich. And guess what, they pulled it off!

[bullmarkets]

shareholders just got f$cked -- you think they wont do it again. but hey load up, see what happens in the next few months. 

[steven102]

explain how they lied about the margin