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ROFLMAO Wrong There's Something Called Facts
FACT. Cafe Revenues were neutral.
FACT. Operational Losses continue
FACT. Negative net losses continue to GROW
The FACTS are clear. Actual financials posted for convenience.....lol
Looks like Santa is putting coal in Minority SH christmas booties....or is that FUNN execs doing that?
So what? What does that have to do w/ MJ Legislation?
and, the massive losses from their acquisition of HEXO
we're not talking about 10's of millions of losses due to HEXO
We are talking about 3/4 of 1 BILLION in losses, just from HEXO
Since_FUNN_Refuses_To_Separate_Financials_For_Each_Cafe_It_Will_Be_Impossible_To_See_In_Financials
oh, fudge.....
but noone should be surprised.
FUNN needs to close Provo; and 2 Toronto cafes too, so that the "best" remaining Toronto cafe has a chance to be actually positive net profitable.
Alcohol is one of the best revenue generators - and can help towards moving any restaurant to positive net profitability. Why would FUNN execs ever put a game cafe in a dry town?
StupidAF.....
TRLY Goes as US MJ Legislation Goes
contact your House and Senate, POTUS, VPOTUS
MNMD imo screwed minority sh w/ reverse split and then authorized more shares
just my opinion. PPS down 90+%
Yaaaay DILUTION Likely Coming For CY2023 HAPPY HOLIDAYS!!!!!
DILUTION_and_PPS_EROSION_will_Occur_If_FUNN_Actually_Has_Acquisition_of_Bankrupt_Cafe_In_The_Works_Since_FUNN_Will_Have_To_Authorize_Shares_and_DILUTE_Minority_SH_Value
Sad.....
More Likely 0 Cafes Coming For CY2023 Here's Why
FUNN has no cash or common shares to give to any potential suitor.
FUNN is unable to secure any low interest small business loans due to active liens
Noone who is in their right mind would strike a deal with existing FUNN execs when they realize
that they have demonstrated that they don;t know how to run a restaurant, and don't know how to run
and operate a publishing company, distribution company, MJ company, Gro3 equipment company.
But hey, dey got shoveling and pavers down pat.....lol
Look at their tweet on the alleged 2 funded cafes that are allegedly pending closing SINCE 2021 - ROFLMAO
GROWTH VIA TAKING OVER BANKRUPT CAFES IS A BAD BUSINESS MODEL BECAUSE FUNN HAS NEVER BROUGHT A COMPANY OUT OF BANKRUPTCY TO POSITIVE NET PROFITABILITY - EVER.
Guelph is an example. Now shut down.
LA never happened.
Provo will likely be next. Alcohol is the biggest contributor for revenue and moving towards positive net profitability. IMO, StupidAF to operate a restaurant in A DRY TOWN.
If FUNN is truly interested in moving cafes to positive net profitability, they will likely need to CLOSE Provo, ChiTown, and two Toronto cafes.
oh, and get rid of their active liens by paying the $$ that they owe. When do the monthly payments end??2032??? ???? RFLMAO How much do they owe? What were the IRS penalty amount? No positive net profits for Tempe and Tucson any time soon.
Actually_Wrong_Again_Cafe_Revs_Neutral_Negative_Net_Losses_ARE_GROWING
About $200,000 "gain" in other income from PPP Loans - WHICH CANADIAN AND USA TAXPAYERS HAD TO PAY TO DIG OUT FUNN.
Still operating at a loss. Cumulative losses ARE GROWING
THE NEGATIVE NET LOSSES SURE ARE GROWING
THE ACTIVE LIENS ARE REAL ENOUGH
FUNN needs to close Provo, ChiTown, and two toronto cafes; if they are serious about moving cafes to being positive net profitability.
0.0045? ROFLMAO
DILUTION_and_PPS_EROSION_will_Occur_If_FUNN_Actually_Has_Acquisition_of_Bankrupt_Cafe_In_The_Works_Since_FUNN_Will_Have_To_Authorize_Shares_and_DILUTE_Minority_SH_Value
Sad.....
More Likely 0 Cafes Coming For CY2023 Here's Why
FUNN has no cash or common shares to give to any potential suitor.
FUNN is unable to secure any low interest small business loans due to active liens
Noone who is in their right mind would strike a deal with existing FUNN execs when they realize
that they have demonstrated that they don;t know how to run a restaurant, and don't know how to run
and operate a publishing company, distribution company, MJ company, Gro3 equipment company.
But hey, dey got shoveling and pavers down pat.....lol
Look at their tweet on the alleged 2 funded cafes that are allegedly pending closing SINCE 2021 - ROFLMAO
GROWTH VIA TAKING OVER BANKRUPT CAFES IS A BAD BUSINESS MODEL BECAUSE FUNN HAS NEVER BROUGHT A COMPANY OUT OF BANKRUPTCY TO POSITIVE NET PROFITABILITY - EVER.
Guelph is an example. Now shut down.
LA never happened.
Provo will likely be next. Alcohol is the biggest contributor for revenue and moving towards positive net profitability. IMO, StupidAF to operate a restaurant in A DRY TOWN.
If FUNN is truly interested in moving cafes to positive net profitability, they will likely need to CLOSE Provo, ChiTown, and two Toronto cafes.
oh, and get rid of their active liens by paying the $$ that they owe. When do the monthly payments end??2032??? ???? RFLMAO How much do they owe? What were the IRS penalty amount? No positive net profits for Tempe and Tucson any time soon.
Maybe Not - Authorization of new shares will dilute?
Ain't This FUNN??
Another 2 weeks for EOY tax selling
What's going on in MNMD World?
still down by 90% after reverse split?
Can't Pay Back Active Liens? That's FUNN
IMO All Assets are worthless
including their "brand"
massive cumulative net losses.
active liens
end of calendar year selling
I Wonder How Those Active Liens Are Doing?
0.0053? Bwahahaha
Remember Kill The Unicorns???
Here spending time with the family, playing board games tonight. A family member bought Unstable Unicorns game, and I busted out laughing.
Ironic......
What an epic fail by FUNN
$204_Worth_of_Shares_Trading_Hands_Today_Show_Almost_ZERO_Interest
hopefully, investors don't use forum post counts as a valid measurement of "interest".
How stupidAF would that be?
ROFLMAO
Good News Bad News
The good news is that Tempe generated $700k for FY23Q1; and is projected to pull in ~$2.8 for FY23.
The bad news is that Tempe generated 40% of the revenues for all the cafes in operation.
Which means that the other 6 cafes are generating ~$166,666 per quarter - and all have negative net profits/losing $$$
That's very, very concerning.....especially since restaurants already bounced back about a year ago?
Guess those faux witness accounts are boolshyte??
IMO, FUNN needs to dump Provo, 2 Toronto cafes, and ChiTown.....if they are to be taken seriously in regards to making cafes positive net profitable.....and move towards selling franchises in the USA.
I think everyone would have been more impressed had FUNN execs published what the actual gross revenue was for each site, and not just for Tempe.
PLUS THEY FORGOT ALL ABOUT PROVO.
Glad To See Some #s Broken Down By Site
As suspected all 3 toronto cafes losing money.
Tucson is losing money.
ChiTown is losing money. slated to be EBITDA by FY23Q3? hmmmm..
Tempe is best producer.
Like I've said before, FUNN should close Provo and 1-2 Toronto cafes and ChiTown.
FUNNEE that they omitted provo.
Focus on turning Tempe, Tucson, and 1 Toronto cafe to being positive net profitable.
file audits. sell franchises in USA. Don't have to worry about finding seed money to open up more cafes.
where is Provo #s?
RFLMAO FUNN Execs Clearly misleading folks about growth in gross revenues when cafe revenues were actually flat.. and the increase was due to the forgiveness of PPP loans
Bwahaha
And worsening of negative net profits by -$633,000 vs prior quarter.
How is that turni g corner???
RFLMAO
Cafe_Revs_Were_Actually_Even_FUNN_Misleading_About_Growth_Q_over_Q
which is bad, because that line item SHOULD have grown if cafes were filling more seats via expanding hours; which is clearly NOT the case.
The "growth" in revenues was totally on backs of USA and Canadian taxpayers - as it looks like FUNN had $192,582 forgiven in PPP loans.
Average_of_$219k_gross_revenues_per_cafe_PATHETIC_Clearly_NOT_Filling_Seats!
those faux witness accounts of being very busy sure was BOOLSHYTE
And, unfortunately, FUNN did not break down by site - to better hide the losses in Provo, Chicago, and likely 1-2 Toronto cafes.
They need to shut down Provo, Chicago, and 1-2 Toronto cafes - to give selves a shot at making profits at Tucson, Tempe, and give all the Toronto biz to ONE site.
ROFLMAO_They_Don't_Mention_Low_Interest_Loan_Because_They_Are_DEEP_IN_DEBT_AND_HAVE_ACTIVE LIENS!!!
That "info" was in their lame Q&A.......lol
BWHAHAHGAHAGH
What_Do_Suggestions_Have_to_Do_With_FUNN_Exec_Failure_To_PR_Achievable_Action_Plan?
Literally, nothing. Funn Execs are failing on their own and need to own up to own ineptitude
More Like Flatlining No Achievable Action Plans Laid Out
No announcement about securing a low interest loan to pay for 5 years worth of
CEO salary with restaurant and franchising experience
the cost of accounting services
5 years of auditing and filing every year for next 5 years
Funn execs pretty much "stole" preferred and common shares to the tune of $3.5 mil?
"Info"_Re:_Alleged_Strategic_Partner_Is_Underwhelming_Because_The_Claim Is_Untrue?
Just like 1/2 dozen to a dozen claims by FUNN were utterly untrue; and bordering on outright lies? Certainly incompetence and inability to execute is true; unless there were no intentions to execute.
Good Publicity Sanja Gupta Explains "Psychedelic Renaissance" In America
any good publicity at this time is a good thing
https://www.cnn.com/videos/health/2022/11/03/psychedelic-magic-mushrooms-depression-study-gupta-cnntm-contd-vpx.cnn
Sanja Gupta Explains "Psychedelic Renaissance" In America
https://www.cnn.com/videos/health/2022/11/03/psychedelic-magic-mushrooms-depression-study-gupta-cnntm-contd-vpx.cnn
Sanja Gupta Explains "Psychedelic Renaissance" In America
https://www.cnn.com/videos/health/2022/11/03/psychedelic-magic-mushrooms-depression-study-gupta-cnntm-contd-vpx.cnn
ROFMAO Maybe 100's of Baht, no way "millions" in USD
No matter. Never gonna happen. Not even listed on their website.
Another FUNN head fake.....no surprise there.
Alert Will Robinson -First Contact With Management
And?…,,.
Alert First Contact With Management
And?…,,.
Faux Potential and Real Net Losses ROFLMAO
Big Boy Pantie Partners Lining Up??!! RFLMAO
Ummm, FUNN's current Model of expansion is to buy unprofitable, bankrupt game cafes and to continue money losing operations via even poorer management.
FUNN execs are unable to secure low interest bank loans to cover 5 years worth of:
a ceo with restaurant and franchising experience
annual accounting services for all sites
annual auditing services for all sites
FUNN basically shot selves in foot, due to mismanagement of $$ and resources, have very little cash on hand, deep in doodoo debt, bad credit, active liens.
I doubt that anyone is interested in FUNN. Big Boy Pantie Partners are more likely laughing at FUNN and more than happy to see them die on the vine. Seriously, what does FUNN actually have that is proprietary? Nothing. FUNN's current assets are worthless. Brand name - worthless.
Yet, insiders rewarded selves with $3.5 mil worth of preferred and common shares?