Post by
skibumm on Oct 29, 2020 9:56am
Vivo hit bottom at .12sh....onwards & upwards from here
seems like every cockroach in the building has been addressed by Fishman....and can't imagine any new, bad news surfacing. I think Vivo has a solid business...but until they can show a profit....it means nothing. The problems of the past (Canna/LaFlamme, Clement/Wilson, overspending,bad investments, etc etc etc) have all been identified & addressed by Fishman & mgnt. Vivo is in the doghouse with all the other chit comps like emh/v, tgod/t,gtec/c,cann/c etc etc etc....and gonna take a few good Q's (if possible), to show the investment community that Vivo is a winner....& not a loser....the jury is still out....but holding my full position
Comment by
Dime2dollar on Oct 29, 2020 1:09pm
Can someone put into English the "Auxley Commitment". I read the financial statements and don't understand.
Comment by
Schaffhausen on Oct 29, 2020 1:44pm
VIVO got $15M cash from Auxly in exchange for Auxly to have a stake in a planned VIVO grow expansion. The details of that deal I do not know. What is known is that VIVO gave Auxly shares that were valued at $6.2, so the 15M was reduced to 8.8M of liability. Vivo never built the expansion. Cheers, Schaff
Comment by
JaCkSnap on Oct 29, 2020 2:03pm
Auxly and Abcann should merge. All stock merger. Get rid of the dead weight (fishman) and figure out a plan make the Laflammes and KC ineffective at controlling this stock any longer.
Comment by
couver on Oct 29, 2020 2:37pm
i think you know a little more then you are letting on. i'm not sure you are to be trusted
Comment by
Schaffhausen on Oct 29, 2020 3:53pm
Wish I knew more. Cheers, Schaff
Comment by
zen2twenty on Oct 29, 2020 5:43pm
Check Auxly Sedar reports, dated May 29th 2017, July 10th 2017 and April 16th 2018. That should give you some insight of the deal.
Comment by
Schaffhausen on Oct 29, 2020 6:05pm
Schaff: could read through all those but bottom line is 8.8M in arbitration....I'm not gonna try to predict the outcome. Cheers, Schaff
Comment by
MONtoFRI on Oct 30, 2020 12:30am
This post has been removed in accordance with Community Policy
Comment by
JNHJNHJNH on Oct 30, 2020 11:52am
This post has been removed in accordance with Community Policy
Comment by
DDuong on Oct 30, 2020 2:03am
Even so, we still have the potential real market crash looming either before/after the US election which could see another sell offf, atleast on the american market via VVCIF. I personally would still hold cash and get ready to buy due to outside factors. Wish I had the powder if that happens to Vivo, alas I'm ready to go in on gold/silver when the time comes.
Comment by
jayoneill on Oct 30, 2020 11:35am
VIVO has no business in the states, only in Canada, Autratralia, and waiting on Germany.