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Bullboard - Stock Discussion Forum VIVO Cannabis Inc. VVCIF

Healthcare Drug Manufacturers - Specialty & Generic
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. > It’s over
View:
Post by Lvlchange on Aug 15, 2022 12:56pm

It’s over

Unfortunately guys, this stock is dead after our next release.   We are less than a year of cash and burning at a rate that can't be sustained.  There is always to option to dilute our shares and raise more cash but with such a whimpy market cap and no money, it may be easier to close the doors.

I hoping for a surprise, trust me... but I'm feeling a little abused every time I see, "raising shareholder value"
 

Best of luck

Comment by Hunter34 on Aug 15, 2022 4:20pm
As long as they are allowed to dilute for themslves the grift will continue unabated...
Comment by Lvlchange on Aug 15, 2022 8:34pm
4.5 Million in cash left.  Might get thru Q3, but it's just not enough. Next stop is a penny.  Sad indeed. 
VIVO Cannabis Inc.
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