Post by
Saphos90 on Nov 30, 2020 8:36am
Financials Q3
Loss of $4.2 M ......Inventory write down $2.7M
Operating Expenses $1.46M same as prev Qtr.
Cash used during period ................657K
Cash on hand.........$384K
Accts Rec...............$872K
Other Rec'bles.......$687K
Total ..................$1.9M .............NO cash flow problems.
3 EU Partners:
1. Bavaria Weed........Sent shipment Nov 10/2020
2. AMP.....Supply Agreement 50-100Kg/Mth Aug. 11/2020. starting 1st Qtr 2021
3. UNKNOWN
As stated by previous poster.......Blue Skies Ahead....
Comment by
MJVigilante on Nov 30, 2020 8:40am
No cash flow problems, really? Lets hope they squeeze through this without hurting us too bad.
Comment by
Saphos90 on Nov 30, 2020 8:46am
It's been 3 mths since the $384K......no sign of reverse split or bankruptsy.