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Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

GREY:SNNVF - Post Discussion

Sunniva Inc > Interior Construction a Big Zero
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Post by Mac2676 on Dec 02, 2019 5:55pm

Interior Construction a Big Zero

I drive by the "glass house" everyday and there doesn't seem to be much going re: interior.  Lot's of framing but that's it.  No way they will have this open by March 2020 if at all.  Best of luck to all speculators because it sure dosen't look like something worth investing in at this stage.
Comment by sovy888 on Dec 02, 2019 10:34pm
wow...that's all I have to say... 2 years ago when I stopped by theu had the basic structure up already...you wanna tell me nothing happened since then??? what a fkin scam
Comment by Mac2676 on Dec 03, 2019 5:12pm
Its all enclosed and they have made progress however nothing appears to have been done inside yet.  If the landlord is essentially suing them it's not likely anything further will happen.  I hope the contractors are at least getting paid. It would be bummer to get shafted at this time of the year.
Comment by sunrize on Dec 03, 2019 5:31pm
Everything is at a standstill now. Gamblers thinking a buy at these levels is a great deal are making a huge mistake. Like the sale of OK Falls is going to rectify everything. No it won't. Look at the cash balance (probably zero or negative right now, it was just $304,000 over 2 months ago!). Whatever they get out of the OK Falls sale will first go to pay the mortgage, default amounts and ...more  
Comment by fab4ever on Dec 04, 2019 9:29am
You are correct in that no one will pay $16m let alone $7m for a piece of land. You can buy LP's with full sales licences that are in production for $8-10M.
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