VIVO Cannabis Inc. VVCIF

Maybe time for Vivo to sell

[skibumm]

must admit, I was expecting way more optimism from Q1 results than obtained, especially with cannabis 2.0 factoring into the results. Loss of $11+M, -.04eps way bigger than expected, and although revenues grew, nothing to get excited about. Cash position at $35M is good so no real problems with balance sheet. Still in arbitration with Auxley over $15M, Decibel $5M investment loooks toast....but $5M investment in Meta/c looking better (valued .08 end Q1 & now .12). Same especially with Cbii/c with 6.24M shares (valued Q1 .08 and now .14). Should also have nice winner with Friendly Stranger once Covid over & open stores return to Ontario. Will hold and be interesting to see what Clarus thinks, top analyst who raised target last Q, whether they are still bullish on Vivo....or has turned into another show me stock.  Vivo has lot going for it, but this Q was an obvious miss imo....if Fishman & team not the ones to turn Vivo around....then sell

[WinterBaron]

It has almost been 3 years with Fishman and his management group during which we have seen a steady decrease in cash . While company does still have a reasonable cash reserve there is no indication that the business plan can produce positive cash flow and profitiability in the forseeable future. Yes, they have again stated the "Goal" is to achieve these but nothing suggests they are

[JaCkSnap]

I think not. you never sell anthing from a point of weakness only from a show of strength