Sunniva Inc SNNVF

$4.03 Close

[bonjovi501]

worse then I expected but deserved for the bad quarter. SNN will bounce back once the dust settles.

[thetis88]

My view is that Sunniva will run out of cash before the first quarter in 2019  ends. Cash now... 11 million Cash flows out to March 31 2019; 1. loss for remainder of 2018.... say 2 million 2  loss for first quarter 2019.  ... say 6 million 3  new purchase of pods and warehouse, together... 3 million 4  rent for California building first quarter ... 3 million 5. air

[rborhi]

Hopefully some revenues will offset the spending, and maybe they can cut back in a few areas if necessary. Also there is the chance of getting financing from a bank that's been talked about, once they've built up some hard assets, but I'm not sure on the chances of that. I had the impression no more dilution would be needed, it would hurt to do a financing down at these levels. I

[RoughStart]

They said their burn rate is .5 a month. They need 1.5m for Canadian facility. For the US they need about 15 to 20ish, but most of the equipment and IT supplies for phase one is financed. So most of the working capital is accounted for. They will need probably one last raise to hold them over until q3 revenues start. And for further distribution investments. From what I gathered from the call

[GOTMONEY]

Financed (long-term payment plan), not paid for in lump sums of cash. Not running out of money

[Bluechip2]

@thetis88- trying hard to look legitimate, one only has to look at your previous posts to understand your intentions. You conveniently left out Q4 rev. of around 11m from the (3) subsidiaries. As well, Q1 rev from continuing Extraction facility contracts as well as branded products from biomass, trim , and Vision flowers could be as high as 20m. Based on customer feedback, the Farmacy phactory and

[Dealbaaz]

where do you see all this photos? kindly share