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Bullboard - Stock Discussion Forum Entourage Health Corp V.ENTG

Alternate Symbol(s):  ETRGF

Entourage Health Corp. is a Canada-based license holder producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 26,000 square feet indoor facility in Aylmer, Ontario (the Aylmer Facility), specializing in product development and fulfillment for both adult-use and medical cannabis. The Company is focused on building a portfolio of... see more

TSXV:ENTG - Post Discussion

Entourage Health Corp > Wry Wisdom/ Happy Flowers et al
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Post by prested on Oct 25, 2021 10:38am

Wry Wisdom/ Happy Flowers et al

If everything is as rosy as you seem to think maybe you could explain where the money is going to come from to keep this leaky ship afloat for another year? They are bleeding cash and the investors are leaving (new low today). At the current SP they can hardly expect to float more shares. So, without selling out to a more competent company how are they going to stay in business?
Comment by Wrywisdom on Oct 25, 2021 1:58pm
They have amassed more than 50 million dollars in Revenue just over the past for quarters. Does that help?
Comment by Wrywisdom on Oct 25, 2021 2:09pm
They have amassed more than 50 million dollars in Revenue just over the past four quarters. Does that help?           It should also be emphasized that these numbers are prior to their complex multidimensional business plan being fully implemented. They are now active on most cylinders. However, their impressive arrangement with Boston Beer is scheduled to come into play ...more  
Comment by prested on Oct 25, 2021 4:52pm
$50 Mil  is great unless it is exceeded by $51Mil. Then, in the words of Mr. Macawber, the result is mysery.   As to the comparison to Amazon, George is no Jeff Bazos! And if Bezos thought the pot business was worth investing in he would dominate it, Instead he is content to simply smoke it.     If you are a genuine investor who seriously believe this company is all you ...more  
Comment by Wrywisdom on Oct 25, 2021 7:59pm
Sorry. That is not how a business works and develops. Bezos started out of the garage of his house, while investors here have an opportunity to get in for peanuts with amazing potential and so many accomplishments in place. Don't take my word for it. A seven billion dollar company like Boston Beer had a plethora of cannabis companys to choose from to produce the cannabis for it's upcoming ...more  
Comment by prested on Oct 26, 2021 11:14am
I would say that someone who has invested 6 figures in this company a serious investor sir. I am here because I am concerned with losing a considerable amoun of money. However, I have serious doubts abot the management and board and am not prepared to sit back and not speak out despite threats, intimidation, and ridicule.    I believed that WeedMD (why did they change that name?) had ...more  
Comment by Wrywisdom on Oct 26, 2021 2:49pm
Good morning. You sound like precisely the category of investor who should be cost averaging here.  It can be hard to add money to a stock where you are behind significantly, butr that is often precisely what should be done when the facts are in place and a stock is so underpriced.          Your anger and frustration may be clouding good judgement.     ...more  
Comment by prested on Oct 26, 2021 4:29pm
To you it is dollar cost averaging. To a normal person it is called "catching the fallen knife.." And I averaged down so many times based upon the BS statements the company made, until I realised it was a hopeless cause. Regardless, I am not really interested in carring out a dialogue with you so I guess I''ll put you on "Ignore" and I'll leave you to your illusions ...more  
Comment by Bunchofbros on Oct 27, 2021 12:11pm
Nah a normal person averages down. Just bought 25000 more shares today and will continue. Let's go boys!!! 
Comment by InvestingFool50 on Oct 27, 2021 12:52pm
Bs statement from company?? They do press releases. How is making a deal to distribute Mary's brand of goods or sign a deal with a beer company or make an acquisition and so on.. bs??? And besides, everyone investment goal or strategy differs. Doesn't make one better or more right than another.
Comment by prested on Oct 29, 2021 10:23am
Publishing financial statements which have to be restated is BS!
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