Wildflower Brands Inc WLDFF

CTO

[paradini]

Looks like CTO should be lifted soon. Auditors are crossing all T's and dotting the I's. Just to ensure if their audits are re-auditted by the CPAB, they feel confident all is in line with regulations.

[Breadcrumbs]

I can confirm. Got the same information.

[Chas1ngthedream]

Any idea on the timeline?

[Chas1ngthedream]

"Soon" is getting played out by WF. Everything is soon haha could mean next year!

[karldrogo45]

The Toronto store has been opening "soon",   for the past 2 years LOL!

[paradini]

yes that is true, i guess the pandemic never happened. lol

[karldrogo45]

yes the pandemic happened..   and there are hundreds of Ontario stores that have opened during that time..    but not City..     City has opened zero..  and is now waiting on their landlord to upgrade the building for their first store..   something that should have been done during the 2 years prior when they were paying rent for the store to sit

[MiniTrader1]

Unfortunately I completely agree - Management is the issue here, not pandemic.   If only they would realize they have gone as far as they can and bring in someone legitimate.  I still feel the share price/market cap is ridiculously undervalued, if they'd nuke current board even more so.   .35-50c here we come! 

[paradini]

i agree that they moved a little slower into the Toronto market than they should have(they focused on their 4 BC stores first).  They seemed to be more focused on. getting their US business going with king and the California licenses. however those pieces of the puzzle seem to be lost somewhere.  The US business is where they have gotten themselves into their difficulties with the

[karldrogo45]

just something add to that.   WF has confirmed their California business has been completely shut down for at least a year.   which means they borrowed over $10 Mil in convertible debt,  spent it buying up companies and licenses in California.  only to close up shop a year later with nothing to show for it..   well not entirely nothing..   they did

[Breadcrumbs]

According to my information it will be so. WFB will not be released for trading again until all reports have been published.

[MiniTrader1]

Emailed them, no reply typical.. any idea when this is going down? Anyone gotten actual responses from WFB last week?

[Breadcrumbs]

Mailed on June 30th, reply on July 7th. 

[PabloChoss]

I reached out around the same time lines as Crumbs. From my understanding Krystian was out of town which was why I had a delay hearing back from them.  I essentially got the same story that they are moving ahead cautiously to ensure that everything is done correct with no chance of error. Being heavily invested with this company I do want to see the bright side of things, take them on

[MiniTrader1]

The parts are worth more than pre CTO MC!  

[karldrogo45]

yes they might be..   but if we're talking about that calculation,  it would only be fair to subtract their debt from whatever you think their BC assets are worth..    which was in the 20M range early 2020  (the last time we saw their financials)..   who knows how bad that situation has gotten since they havent been able to raise money through selling