PMX Communities Inc. (fka PMXO)

[jt6455]

I looked at that one when the company acquired that ceramic vap line. Dunno vaps are already a crowded market imo but the ceramics are nice for flavor. They are going up against the likes of Davinci etc. The derivative liabilities will continue to punish shareholders until the market price gets pushed up otherwise additional option/warrant repricing can be expected

Management took a big bite as the Accumulated Deficit to Shareholder equity is ~$33m+. How many vaps do they have to sell to cover this deficit? If memory serves they gained zero assets in the transaction and assumed the company's debt/liabilities.

They are still well capitalized but like I said big players like the Ascent are already available. Unless you think quality will trump name and this hive is a better product?