Entourage Health Corp V.ENTG

Falling prices

[Ackilles]

Not sure if you guys are aware of this, but, there have been market wide losses for some time. I have some solid stocks that were down 50% from their recent highs. This stock is no different. Right now, weedmd is lucky to be trading at these levels. This industry was in the penalty box for good reason and the stocks are finally starting to start trading at fair values. I know its frustrating to see some weed stocks go up and yours doesn't, but it's to be expected. The larger companies will always outperform because they still have the means to aquire companies and spend money in general. As for the writing down of goodwill, its to be expected across the industry. All these companies overpaid for assets because they had high sales expectations. Now, they are going to all have impairment charges to those CGU's. I'm guessing the CGU was known to be impaired in the current quarter but they were mistaken in which period to apply the impairment to. It's a grey area in accounting and based on professional judgement. Anyhow, as for the stock bashers, they are pathetic and prevalent in weed stocks. They bought high and sold low and are frustrated. Did I mention they are pathetic? Oh, and buy the way, if you spend a stupid amount of time on stockhouse forums thinking you are making a difference in someone's decision to sell...you are pathetic...that is all.

[Ackilles]

Also, now that were facing an economic recovery. It is to be expected for the small caps to outperform. So just relax and buckle up.

[Lifexprt]

Nice monologue, and I agree with most. But you need to know Weedmd has 80 million of debt on their books,primarily maturing in 2022. This needs to be addressed asap otherwise going concern will be an issue.

[shenry24]

The one thing that made WeedMD so appealing when I bought in over 2 years ago was their potential along with the fact they had minimal debt.  I know it takes money to make money, but the fact they keep borrowing and diluting to stay afloat is not  a good sign.  This is why the SP went from $2.00 to $.20. Unfortunately, they've yet to give any indication that they are ready to

[prested]

I sympathise with you Henry, I am in a similar possition and can't believe I let myself buy so much based on so little. But it is what it is and we are not alone. There may be some comfort in the fact that Cannacord and Eight saw the books and still made a substantial investment, not a loan. So, the company could probably be sold as a going concern for about $1.00 a share. As bad as it is, and

[Dumpinvestor]

Wow.. 80 mil in debt, mature 2022. They need quick turn around succeed story good luck to wmd share holders