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Quote | Bullboard | News | Opinion | Profile | Peers | Filings | Financials | Options | Price History | Ratios | Ownership | Insiders | Valuation

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

Alternate Symbol(s): RDDTF

Healthcare Drug Manufacturers - Major Cannabis

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 > Long way away from profitability

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Post by hayman2000 on Mar 02, 2021 10:52am

Long way away from profitability

From what I can see, they need to get to 10M (20% margin) per quarter of revenues to accomplish their goal of being cash positive on operations, 20M to actually start breaking even. They were nearly at 2M in December, I suspect closer to 3-4M for Quarter that will end this month. They still will need to grow sales by 500% to get to profitability. Don't know where the guys saying this is gonna rocket are coming from. Even if they accomplish all of this (will be a stretch), they will barely be profitable.

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Comment by Luxor63 on Mar 02, 2021 2:40pm

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Comment by hayman2000 on Mar 02, 2021 3:25pm

Sorry but according to the Financial, the only inventory they have written off is in this quarter. 6.6M. Some last year but nothing else this year. Why create false information?? It is bad enough as it is.

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Comment by Luxor63 on Mar 02, 2021 6:27pm

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Comment by Luxor63 on Mar 02, 2021 7:16pm

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Comment by hayman2000 on Mar 02, 2021 7:20pm

Please see my other post showing the equipment write down other inventory was done in March 2020. As for the $2000per day in penalties, that loan was converted into shares in the latest debt conversion.

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Comment by hayman2000 on Mar 02, 2021 7:22pm

Definitely not saying they are in good shape, but just trying to keep the facts straight.

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Comment by Luxor63 on Mar 02, 2021 7:50pm

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Comment by hayman2000 on Mar 03, 2021 11:33am

I definitely would like to know about the other $1M if that is the case.

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Comment by hayman2000 on Mar 04, 2021 5:38pm

Tunaa sells out in less than 24hours!!! https://www.instagram.com/p/CMA12vyhMYL/ That an BIo seem to sell well, hopefully a few more products to come soon.

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Comment by Luxor63 on Mar 04, 2021 8:04pm

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Comment by Luxor63 on Mar 04, 2021 8:08pm

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Comment by younginvestor27 on Mar 16, 2021 10:07am

Why do you spend all your time shitting on this company then promoting their product? Are you holding it? Are you a but hurt investor? Your sure a two face piggy but I do enjoy your commentary more than anyone elses here so keep talking with yourself.

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Comment by Luxor63 on Mar 16, 2021 1:41pm

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Comment by HhattoriHanzo on Mar 16, 2021 2:49pm

As you can see, Luxor aka Damasta likes to post, but doesn't like when you ask him questions. That's because his scripts are written for him and can't answer by himself lol.

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Comment by Luxor63 on Mar 16, 2021 3:28pm

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Comment by HhattoriHanzo on Mar 16, 2021 4:40pm

Remember your Damasta account that had 15 YEARS of jibber jabber and admitted to harassing Denis for 3 years? How very old are you now? Cheers.

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Comment by Luxor63 on Mar 16, 2021 11:05pm

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Comment by HhattoriHanzo on Mar 17, 2021 8:40am

Awwww Damasta, the only "upset minion" here is obviously you and we all know why : https://stockhouse.com/companies/bullboard/v.rti/radient-technologies-inc?postid=28097203 Cheers.

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Comment by Luxor63 on Mar 17, 2021 11:31am

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Comment by HhattoriHanzo on Mar 17, 2021 1:13pm

"LOL" is the right word Damasta. That's what we all do when we read your little emotional vendetta posts going on for years. Keep 'em coming Piglet, LOL!!!

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Comment by Luxor63 on Mar 17, 2021 2:53pm

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Comment by HhattoriHanzo on Mar 17, 2021 3:22pm

When you say "multiple personality", you mean like your Damasta account and all the others that got deleted? Cool. And considering your account here was created in 2009 (lol), how many accounts did you run in parallel during your decade plus years of braindead StockHouse posting (lol again)? Are you at least paid minimum wage Piglet? You should have stayed in school for a decent job lol. ...more

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Comment by Luxor63 on Mar 17, 2021 3:38pm

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Comment by HhattoriHanzo on Mar 17, 2021 4:07pm

It is hilarious considering your replies are quicker than mines lol. But it's not surprising at it is your job. But don't worry Damasta, I'll stop asking you things as you keep avoiding them LOL!!

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Comment by Luxor63 on Mar 17, 2021 8:55pm

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Comment by HhattoriHanzo on Mar 18, 2021 8:04am

Really Damasta? You can teach me how to be a StockHouse loser in his 50s just like you? But isn't it something you become after plenty of poor life choices? lol.

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Comment by Luxor63 on Mar 18, 2021 6:43pm

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Comment by HhattoriHanzo on Mar 19, 2021 11:31am

LOL, look who's talking about himself : https://stockhouse.com/companies/bullboard/v.rti/radient-technologies-inc?postid=28097203

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Comment by Luxor63 on Mar 19, 2021 1:41pm

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Comment by HhattoriHanzo on Mar 19, 2021 3:07pm

Awww, you're a bit touchy today Damasta. Is it because I keep bringing up your HUGE loss and the reason you keep posting your little disgruntled posts? Maybe YOU should stop dwelling in the past and move on. Like it says on your Damasta page "Suck it up buttercup" LOL!!! https://stockhouse.com/members/damasta

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Comment by Luxor63 on Mar 09, 2021 1:34am

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Comment by hayman2000 on Mar 02, 2021 7:19pm

Like I said that loss was incurred in the previous year ending March 31, 2020. See below from the latest financials. Net loss is most notably affected in the quarter ended March 31, 2020 where the Company recognized impairment losses of $5,800,000 on inventory and $4,500,000 on plant and equipment

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