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Bullboard - Stock Discussion Forum Maple Leaf Green World Inc. N.MGW

Healthcare Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Cannabis
"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."

NEO:MGW - Post Discussion

Maple Leaf Green World Inc. > Financials Posted
View:
Post by ezemoney on Apr 03, 2019 7:52pm

Financials Posted

What a mess.
NAV:.05c/share
Loss $11million
Working Cap deficit: $4.6 Million....big trouble
Hendersen Write off: $1.2 Million at least.
Telkwa: $1.2 Million dispute contractor.
Comment by ezemoney on Apr 03, 2019 10:06pm
These numbers are as at Dec so with zero revenue and no other liquid assets it would be safe to assume they are currently in severe financial distress. With so many loans and notes due this year, chapter 11 is possible and a distressed sale of capital assets is possible. Lastely the state of mismanagement  and the financials no one wants to pour more money into this and risk getting taken ...more  
Maple Leaf Green World Inc.
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