Sunniva Inc SNNVF

Q2 earnings due?

[URLaughable3]

August 30th correct? Well that will generate a reversal if it doesn’t occur prior. Not sure how ppl are selling when 2019 revs are still projected to be 2x current valuation of company... plus their is the value of assets in hand.  If you aren’t in a rush, add and hold, long term will be just fine.

[Benedictus]

URL, previous guidance of 55 to 60M will not be met this year. The company cannot even afford biomass now. The cash questions must be answered asap. Bridge financings will not cut it. Asset sales or a large placement or some combination of these will need to be finalized in the coming months. The sp is incredibly oversold so certainly not ruling out a tradable bounce but fundamentally, there are

[canuckinvestor]

Yeah this is ridiculous  i thought for sure they had their problems ironed out  now it’s just awful  poor management and not enough funds  we are now looking at 2020  so 5-6 months away and cash/finance is becomimg a major problem 

[vandenp]

Really??? Who would a thunk?