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Bullboard - Stock Discussion Forum VIVO Cannabis Inc. VVCIF

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical... see more

OTCQB:VVCIF - Post Discussion

VIVO Cannabis Inc. > Vivo hit bottom at .12sh....onwards & upwards from here
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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 Schaffhausen on Oct 29, 2020 10:41am
The only cockroach remaining is the auxly arbitration. I feel that if we get an arbitration settlement less than 3M it will be viewed as good news. 3 to 4.5M will be neutral and 4.5 to 8.8M will be bad news. I want this arbitration to conclude because we have no other skeletons left in the closet. VIVO is squeaky clean besides that and with revenue growth projections Q1 2021 will be excellent ...more  
Comment by couver on Oct 29, 2020 12:52pm
i find it interesting that noel atkinson at clarus did not mention the auxly issue with his 'buy' recommendation  How the f can you send an update to your clinets with a 'buy' rating of 0.70c without considering the pending arbitration that could bankrupt the company. How is it that as a shareholder I have no idea what is happening or has happend with it either?   ...more  
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. 
Comment by DDuong on Oct 30, 2020 1:48pm
It's traded under VVCIF under the states is what im saying so if it gets pummeled in the states, the Canadian share price would get effected. We also still got hit fairly hard in the March crash despite the fact that the Cannabis Industry revenue would see little to no impact if a lockdown were to occur, and this was proven by Q2 sales growth. If the market crashes again, high chance of VIVO ...more  
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