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hahahaha - most likely!
It will make quite a resume inclusion for her: "During my time with GOHE and later still with Psych, I achieved record breaking failures in all areas of responsibility" "My superiors frequently referred to me as significantly overpaid and severely lacking positive impact. I was also recognized for my unfailing consistency in failing to meet any objectives other than putting $ in my pocket by any means"
Thanks for the message. We shall see what happens
I said that earlier - no business plan(s). They jump from one business to another with nothing more than hyperbole. Each summarily fails and they redirect, only to fail again. I only have a handful of shares out of what was once a sizable pot, it would cost me more to sell whats left than the value of the shares. These are awful business people. Can't say what they are like out of this element but usually there is cross contamination between business and personal. Anyone who thinks about putting money into this pig is out of their mind......
Yep - the one thing ACB has failed to dilute - their BS
Its a good stock to get out of - Perfect in fact! Former long here still smouldering from the last sh*t show
Agreed. Beyonce a better choice and I believe she already wears L4L based on the photos in this forum
of course you realize gifts as you suggest cannot be accepted and would find their way to a warehouse or recycling center. Great promo----
Hang on or dump. Its a rough landing with this junk stock and will keep going down despite their BS. They do not deliver
Hell I don't have 50 years and am well satisfied with a business model that will only last until 2070 based on your projections. It will surely outlive me! Gimme the gains now - I'll take them!
Old news (2 days ago). They should focus on their business and making $$$. Oh right, they have no business to focus on.
Aurora Cannabis to lay off more employees, close plants
11:55 AM ET 6/23/20 | Dow Jones
Related Quotes
12:19 PM ET 6/23/20
Symbol Last % Chg
ACB
13.96 1.71%
Real time quote.
Aurora Cannabis Inc. (ACB.T) shares rose more than 6% Tuesday after being halted for news earlier in the session. The Canadian cannabis producer announced more layoffs and facility closures, saying it expects to report positive adjusted EBITDA by next year. Aurora outlined a sweeping restructuring in February (http://www.marketwatch.com/story/aurora-cannabis-ceo-terry-booth-is-stepping-down-and-company-plans-layoffs-sources-say-2020-02-06), which included the retirement of Chief Executive Terry Booth and laying off 500 full-time employees, about 18% of its workforce then. On Tuesday, the pot company said it has laid off employees and cut spending on third-party consultants, including cutting its corporate staff by about 25%, mostly immediately, and its production staff by about 30%, mostly over the next six months. The plan also includes closing operations at five smaller facilities within six months in order to focus production and manufacturing at four "larger scale and highly efficient sites," the company said. The closings will lead to impairment charges of up to $60 million in the fourth quarter of 2020, the company said. The company also expects to incur a charge of up to $140 million relating to inventory and near-term demand expectations. Aurora is expected to report fourth-quarter results in early September, it said. Shares of Aurora have lost 42% this year, compared with losses of 3% and 8% for the S&P 500 index and the Dow Jones Industrial Average .
-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com
> Dow Jones Newswires
June 23, 2020 11:55 ET (15:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Sorry, it was in a presser released today. Appeared on TD. Only time will tell what results will occur as result of management's efforts. Thank you for informattion
They just keep their spending ways to the damage of shareholders. They will never change their true colors. Published today: Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) the Canadian company defining the future of cannabinoids worldwide, recently announced it has completed the previously announced acquisition of Reliva, LLC ("Reliva") a leader in the sale of hemp-derived CBD products in the United States for approximately US$40 million of Aurora common shares. The transaction also includes a potential earn-out of up to a maximum of US$45 million payable at Aurora's option in shares or cash contingent upon Reliva achieving certain financial targets over the next two years.
Yes indeed they have. ACB burned many. I'm just one. Hope you have a better ride...
Dam, EOD slam.....
Dam - eod slam...
NEWS: KRONOS ADVANCED TECHNOLOGIES INC (TICKER: KNOS) SIGNS DEAL TO ACQUIRE US BASED LEADER IN ELECTRONICS MANUFACTURING INDUSTRY INCLUDING ITS 85,000 SQUARE FOOT MANUFACTURING FACILITY
3:13 PM ET 6/18/20 | GlobeNewswire
KRONOS ADVANCED TECHNOLOGIES INC (TICKER: KNOS) SIGNS DEAL TO ACQUIRE US BASED LEADER IN ELECTRONICS MANUFACTURING INDUSTRY INCLUDING ITS 85,000 SQUARE FOOT MANUFACTURING FACILITY
Los Angeles, CA, June 18, 2020 (GLOBE NEWSWIRE) -- Los Angeles, CA, June 18, 2020 (GLOBENEWSWIRE) KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ("KNOS" or the "Company"), a product development and production company that has significantly changed the way air is moved, filtered, and sterilized today announced that it has signed a Letter of Intent ("LOI") with a privately held company to acquire a manufacturing facility for its consumer electronics products operations. Kronos will begin preparations to shift the manufacturing of its patented air purifiers from its overseas manufacturers to the US. The Company plans to manufacture a variety of electronic products, including medical ventilators and other vitally necessary medical equipment in addition to its flagship air purification products that have been proven to disinfect the air while destroying pathogens such as bacteria and viruses.
The acquisition includes 85,000 square feet of manufacturing facilities located on a 9 acres campus in West Virginia at which the private company currently uses a small part of the facility to conduct product design and R&D. They currently have several near ready to manufacture products.
Once certain conditions are met, the deal is binding and a due diligence period is currently underway which, if successful, will be followed by the preparation of a definitive agreement for the acquisition of a majority interest in the entity that will hold the assets of the private company. Kronos has the wherewithal to fulfill its obligations outlined in the signed deal between the parties.
Julius Toth, COO of Kronos said, "This acquisition has the potential to be a very significant step forward for Kronos, as we continue to execute on our "Transition to America Initiative" to build a completely vertically-integrated air purification products and electronics manufacturing company. Having our own manufacturing facility would not only allow us to scale production to address our growing sales and product line expansion, but also to develop new products and bring those to market much faster under a more efficient and controllable cost structure. Our focus remains on evolving in thoughtful ways to bring manufacturing back to the USA and create hundreds of jobs while delivering lasting results for our customers, employees and shareholders."
Joseph Florence, Company's Chief Transformation Officer, commented: "I will be responsible for setting Kronos' strategic direction for the manufacturing, supply chain, and product development of business units. We have several early-stage products that are nearly ready for USA manufacturing. Our Strategic Plan is the development and implementation of three critical corporate initiatives, the first of which I have labeled the Transition to America Initiative - and will include the company's technology transformation throughout all business processes. My initial priority is to develop a manufacturing division designed to transition the manufacturing of Kronos' products here to the United States of America. We plan to implement factory automation, which we call our Touchless Manufacturing Initiative. This step will be further supported by our Design For eXcellence (DFX) Initiative, developed to ensure optimum design, with a strong focus on the representation of both the "Voice of Manufacturing" and the "Voice of the Customer". In short, this
the company is dead
Solid RSI but....
hahaha...shhhh! Don't disturb them lol!
Fully agree with you CP - but your comment was my follow up comment. Huge markets and they've been "home grown" for years without high cost facilities. Why import from ACB or any Canadian producer? That's where the disconnect is and where I saw little market space for outsiders.
I have always thought the "huge" potentiality in Asia, Mexico, South America was grossly overstated.
just sayin'
ummm yeah............
Interesting that the first frame of photos in this link show a pair of Nike Air Max...
Really Realistic - say doc, how come your not scurrying around the ladies shoe sections taking L4L videos anymore? Got your number dude
In the 3 years I have been holding this bag I don't think they have ever had a business plan.
Congratulations to you!
Great article - PCTL is about 20 minutes from me. Need to pop in near future. Bright future ahead. Love your disclaimer.
I recall the RMHB episode. No further comment. Just look the ticker up
hahahahahahahahahahahahahahahahahahahahahahahaha…….
This is just a well capitalized, dilution addicted shady outfit. I would never trust them with another dime. Burnt once - it happens. Burned twice, my bad. There won't be a 3rd. FEM
Yep. I was out well before split but lost a good amount. I dont give a rats a** what this outfit does, but not with another penny of mine. Very embittered towards this den of tbieved and if it happened one the precedent for a repeat I'd very real
Good one - all those videos! lmao
dowling probably thinking this shit works...
likely someone cashing out their non-existent fractional dividend
should that be the case it will have little to do with shareholders in this gem. gltu