Post by
jpm59 on Feb 12, 2020 4:29pm
don't forget the "write offs" "goodwill"
the bigger the companies (MC) had bigger "Goodwill" written into their assets, & fluffed values of assets, etc etc,, accounting is filled with imaginary, creative terms & numbers,, just ask any accountant or politician or tax collector, lol,, so when the sh&t hits the fan and real #'s come out ,, look out for the big boys, they'll fall further.. ,, when this round of financials come out & all companies have to account for valuations,, now the real game starts,, My guess 10-15 co's survive this year and beyond. Supreme will be one ,, VFF,, ACB,WEED, OGI APH etc...the cr@p companies have to go..jmo
Comment by
brentkosta on Feb 12, 2020 4:51pm
This post has been removed in accordance with Community Policy
Comment by
jpm59 on Feb 12, 2020 5:17pm
as they all did,, stupid things,, some just not as large as others