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Bullboard - Stock Discussion Forum CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering carbon dioxide (CO2) delivery solutions to the global protected agricultural sector. Its patented technology provides the service of C-stainable crop production and pathogen perimeter protection for healthier crops by enriching plants with CO2 via an aqueous CO2 microfilm on the leaf surface. About... see more

TSXV:GROW - Post Discussion

CO2 GRO Inc > Fins on sedar
View:
Post by lscfa on May 14, 2023 4:56pm

Fins on sedar

Fire the accountants.     I have sent a email to IR.     Will post the reply if I get one.

 

Hello,

I do not understand why sales with payment terms > 1 yr are accounted for using discounting, which is really distorting the financials. 

Another company I own is Reliq Health. They sell equipment to clients who pay monthly instalments over 2 years. Reliq records the entire revenue and cost of equipment when the equipment is delivered to the client and increases accounts receivable which then  declines with each monthly payment made by the client. This matches revenues with cost of revenues and gives a realistic gross margin.

Why can’t CO2 do what Reliq is doing?
Comment by lscfa on May 30, 2023 11:26am
no reply from mgmt yet.   
Comment by JoppeNL on Jun 05, 2023 11:48am
What I find even more curious is that CO2 GRO just don't seem to get the message out to more investors. They do post a lot on Facebook but please.....is this the way to attract more attention to one's service or product? I really don't get it. Why does managment not use other means of communicating their brilliant tech solutions? There are so many organizations out there that can help ...more  
Comment by Longholder99 on Jun 05, 2023 8:26pm
That marketing company isn't doing much.  A bunch of fake followers on Twitter.  Tweets about companies they don't have contracts with..