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

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TSXV:RTI.H - Post Discussion

Radient Technologies Inc > Ed 2 Update

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Post by Stickman on Jul 03, 2020 6:27pm

Ed 2 Update

Not looking good for fall financials. No demand for Ed 2....... IR response:

There haven't been many movements on Ed 2. The focus currently has been completing orders for Shoppers, increasing distillate production and on vape capabilities. Bulk demand has hit a lull as the industry digests oil and distillate that was made to stockpile for 2.0 launches. The market is shifting to end product manufacturing, which is why we have been working on the sales license and advancing capabilities to do vape products.

Our next earnings are our audited fiscal year end results. The regulatory deadline for filling was July 29th, but that has been extended by 45 days due to COVID. We haven't set a date yet, but my expectation is that we are several weeks away.

Have a good weekend,

Adam

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Comment by Stickman on Jul 03, 2020 6:29pm

But the good news is, Damastabater tells us to never believe IR.

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Comment by Frumpster on Jul 03, 2020 7:41pm

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Comment by AaronEggs on Jul 03, 2020 9:29pm

Radient did respond to me today, quick response which was good, numbers not till late August, and that's no yoke, they did say they'll announce their products in the next month so we should get something hopefully significant by then

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Comment by Damasta on Jul 04, 2020 4:57pm

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Comment by AaronEggs on Jul 04, 2020 7:19pm

Biomass bought over a year ago, you need new material, why have insiders sold never any more than 5% of their holdings since the peak, they've rode it all the way down and bought more at the bottom, Petzel threw $600k into the 1.20 PP two years ago and hasn't sold since. The Sales licence lets them sell for a CPG company that wouldn't have a Cannabis licence so my guess is we'll ...more

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Comment by AaronEggs on Jul 03, 2020 10:24pm

It took them 2.5 years to get their equipment in order while everyone else was selling oil, now the market is flooded and we haven't made a dime lol insanity

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