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Bullboard - Stock Discussion Forum Radient Technologies Inc V.RTI.H

Alternate Symbol(s):  RDDTF

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble... see more

TSXV:RTI.H - Post Discussion

Radient Technologies Inc > Friday After Hours Earnings - Revenue Beat
View:
Post by OracleOfOntario on Feb 29, 2020 1:48pm

Friday After Hours Earnings - Revenue Beat

https://www.globenewswire.com/news-release/2020/02/28/1992982/0/en/Radient-Technologies-Inc-Reports-Record-Revenue-and-Record-Gross-Profit-for-the-Third-Quarter-of-Fiscal-2020.html

Key Financial Highlights - Fiscal Q3 2020:

  • Revenues of $11,205,961, an increase of 805% over fiscal Q2 2020.
  • Gross profit of $1.48 million, an increase of 966% over fiscal Q2 2020.
  • Significant inventory of dried cannabis: $17.4 million as at December 31, 2019, for future production.
Comment by Stickman on Feb 29, 2020 1:58pm
We climbed back from .32 to .385 Friday.  Shorts were covering in medium batches as they have been for a week now. Short position was a very small percentage to begin with. As I posted Friday, only 1.5 million shares for sale up to 3.15. High volume on Monday will move SP quick. 
Comment by Cbonizil on Feb 29, 2020 2:11pm
I agree. Finally some numbers to justify a point, Monday will be huge bull run
Comment by MoneyTalks7 on Feb 29, 2020 7:14pm
bumped up
Comment by Cbonizil on Mar 01, 2020 8:49am
On Monday it's going to be a Bull Run Stampede :) regardless what these self proclaimed stock analysts think, it's irrelevant to the companies true capabilities... it is what it is, RTI is the future.
Comment by Stickman on Mar 01, 2020 9:24am
Good Morning Boys, kinda feels like Christmas Eve doesn't it?!!
Comment by Stickman on Mar 01, 2020 9:32am
Lots of money sitting on the sidelines to throw at a company that just proved disruptive technology as a service provider and superior product manufacturer soon to be the centre of focus at Aurora Hemp. You're right....it is what it is....RTI will be the leader.
Comment by Damasta on Mar 01, 2020 1:02pm
This post has been removed in accordance with Community Policy
Comment by Stickman on Mar 01, 2020 1:16pm
Ask RTI!
Comment by MoneyTalks7 on Feb 29, 2020 7:16pm
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