Statehouse Holdings Inc STHZF

STHZ: Only 3 million left in cash

[Flagshipzilla]

The CEO said we would be cash flow positive as of Q3.  I really hope so.  If not, as the company warned in its MD&A for Q2cthat things won't be too rosy.  The loses in the 2 previous quarters took all its cash.

Now Pelorus the company that financed the reverse take-over/merger is now giving them some business which seems odd to me.

Due to the price of Canabbis own down substancially, the reverse take-over/merger added nothing to our bottom line and just left us with expenses we can't handle.

I've take a few positions, but nothing above 2 cents.  Big plans and no forsight has killed this company.

[RiskyBiz928]

Although I disagree, one thing is certain: U.S. weed stocks will not move until after all this trump nonsense is over and the dems get it descheduled/legalized at the federal level. See you Nov 2024... I've loaded up at these bargain rates - hope everybody else took advantage! GLTA

[Flagshipzilla]

Everything with this company is so rosy that massive amounts of shares have been sold even as low as 1/2 of a penny. The financing group that they owe money to and had to extend payment arrangements with due to not having enough money is now giving them business to keep them afloat.  If they don't generate positive cash flow pretty darn soon it's game over. They now have over 400

[GoGoUpUp]

Finance company will pump this stock up not 400m shares yet. Finance company will wait for the perfect time to exercise the shares and dump on another ride up. Still along was from both and lots of time to ride this on the up.