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Spicy entree tonight.
Ramen 1 in da house!
Ha - looks like someone read my post and spent some coin to prove me wrong...temporarily.
Headed back to the 70s.
Far out!
I hope this is a lesson to some that when they see someone bashing a stock, they might just have a valid reason for doing so.
Everyone is quick to criticize bashers as trying to get cheap shares.
Nope - don't want any Akanda shares - never even got the ones Halo's fraudster CEO promised bagholders in videos and in writing.
Like Farmer's Insurance, I know a thing or two because I've seen a thing or two.
Or to be more specific - I've been victimized by a scam or two.
How those $2.12's tasting?
A little sour?
Niiiiiiiiice - load them cheapies.
Averaging down on a Halo ticker is always a smart move.
You get to do it again and again and again.
I'm out didn't show progress I'm gone
Wrong again.
If your holding don't be afraid we go up from here!!!
we fly tomorrow going to be a good Monday!!!!
I see nothing to celebrate in the numbers. The more they make, the more they lose.
Made $3.3M more in 2022 than in 2021, but lost $3.6M more.
The comparative numbers are horse shit! Smoke & mirrors!
Akanda wasn't formed until Nov. 2021, and had no source of revenue that year afaik.
If they'd earned $1 in '21 and $1000 in '22, they would boast about having increased revenue by 99,900%. It would seem impressive to anyone not paying attention or doing DD.
While it may technically be accurate, it would be a blatant attempt to deceive investors by pulling wool over their eyes.
None of the numbers should have been compared to 2021 because the CONpany didn't really exist then - the CON was just beginning.
If I tell you my new car goes 100 mph faster compared to the car I had in 2021, you'd probably be impressed. What I didn't tell you though, was the one I had in '21 had a blown engine and never drove. So the truth is, my new car goes 100 mph, period. That's not impressive - almost any car can do that. But I'll let you think my new car is extremely fast.
How did they manage to lose $8.1M in under two months in '21? Was it part of spinoff-related costs?
As part of the closing of the Transaction, Akanda issued a secured convertible debenture (the "Debenture") to Halo in the principal amount of US$6.6 million in exchange for setting off all outstanding indebtedness owed by Bophelo and Canmart to Halo.
FY 2022 Financial Highlights
Gross profit was $3.3 million compared to a gross loss of $1,591 in 2021.
Operating loss was $20.2 million compared to $2.6 million in 2021.
Net loss was $11.7 million compared to a loss of $8.1 million in 2021.
Cash and cash equivalents at the end of the year were $255,803, compared to $3.5 million in the prior year.
Growth 6,223.00% 1 year I say we move up soon very soon!!!
I say we go higher very soon! with a merger something up news wasn't that great but it is a low float bang it went up huge on just getting a loan
Up to where - $1.04?
Before falling again like a hot mic?
HOGWASH!
These "lows" are artificial.
The price would be a dime right now if not for the R/S in March in an 11th-hour desperate move to remain on Nasdaq.
Stock closed at 19¢ on 3/7 - the day before the split was announced.
The day the split took effect, the stock closed @ $1.43, or 14¢ pre-split.
If it had maintained it's value after the split, it would be $1.90 right now. Instead it's down another 45% - effectively 10¢ per share at pre-split value.
That's down from a high of $31 during IPO in March '22.
Investors can either abandon ship now or go down with it (good news is, the bottom's not far away).
we go up from here!!!
Are you insinuating the losses aren't real? That they're fudging the numbers?
Is that the excuse shareholders are going with now? That all the gross negligence and massive losses were an intentional strategy to screw Uncle Sam out of revenue?
Do I need to mention that would be tax fraud, conspiracy to commit tax fraud and investor fraud?
Are you aware that Akanda is a foreign corporation? And as such would be liable for little, if any US taxes?
Was part of the strategy to let AKAN come within days of being delisted from Nasdaq?
Was part of the strategy to R/S less than a year after IPO?
Was part of the strategy to let Bophelo fall into liquidation to make it appear as though the conpany has no money?
Was it part of the strategy to let their vaunted CEO leave in disgust within a year?
That's one hell of a complex tax-evading strategy if that's the case. I don't believe the mgmt. team has enough brain cells among them to pull it off.
It's much simpler to lie to investors and take their money.
Akanda is merely following Halo's playbook.
Ha Ha Ha Ha Ha Ha Ha Ha ROFLMFAO!!!
i bought im
$2.39? What happened?
I hope you kissed it goodbye, 'cause you'll never see that money again.
Thanks, I needed that laugh.
This crooked CONpany is the offspring of another corrupt CONpany.
It's been in turmoil since the IPO.
One of their major assets has been tied up in bankruptcy court since July.
The ONLY reason it's still on Nasdaq is because of the R/S.
$16M was raised 14 months ago, now they're borrowing almost 3/4 million more.
Katharyn Field, Interim Chief Executive Officer of Akanda, commented: “This short-term loan provides us with the flexibility needed to continue the implementation of our strategic plan while continuing to evaluate longer-term financing options.”
DAMN! WTF happened there?!
The miserable bastard who paid top dollar immediately belly-flopped into a pool of red ink.
Soon they'll be lying on the bottom next to the filter inlet watching their money get sucked down the drain.
Serves 'em right.
THERE IT IS!
That's more like it.
Back under a dollar you filthy swine!
The lipstick ain't workin' anymore.
Late April Fool's Day?
Why?
Those 70s will soon become 60s & then 50s.
It'll take a lot of 50¢ shares to by a t-bone, might have to settle for Salisbury steak.
Did you vote in Halo's latest sham election?
Vote now! HALO COLLECTIVE INC. Annual And Special Meeting
70¢ ain't far away.
One of these days investors might wise up and you'll get stuck holding the bag...with steak sauce, but no meat to go with it.
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