Pure Global Cannabis Inc PRCNF

l hope for good news but

[gilllis]

they keep loosing money every quarter, they had less than 1M in cash on June 30, much less than they owed on short term liabilities. Seems to me thay must be in bad need of cash. Wether they issue more shares or contract more debt remains to be seen. But l sure hope for a take over or a white knight with deep pockets.

[TheNightWatch]

They just started reporting revenue, give them a break. 1M is a great start! So many things on the go with PURE!  Exciting times! 

[gilllis]

read me well. I am not discouting the fact that they started to make some good revenues and l am hopeful these revenues will increase fast to a cash flow positive company. But it may not happen this quarter and as per their June 30 fin reports, they did not had the cash to survive another quarter without a share issue or more debt. This is why the share price went down so much and did not react