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Probably, as long as you believe it will occur. If your trust is rewarded then you deserve your gains. GL. If I buy this stock tomorrow I believe there will be no more form 4 purchases after I buy in. They only began after I sold. I am tempted to put it to a test to see how rigged the market is. There is another stock MSY# that has been up 15 days in a row with 10 gaps, way out of bounds, that if I bought it on any of those days the consolidation period would begin immediately, today I sold a stock down .10 for the day and literally the next minute it began going back up to its opening price. In the past 29 trading days I have been up for the day, slightly, 3 times. Very close to a 29 day losing streak which might have been a record.
Here is a reason more stock buybacks could occur before the end of the year:
“In President Biden’s roughly $2 trillion Build Back Better Act, which narrowly passed the House on Friday but faces a tough fight in the Senate, Democrats have proposed a 1 percent tax on stock buybacks.”
https://www.nytimes.com/2021/11/19/business/biden-tax-buyback-stock.html
The vote is due in 10 days, therefore the explanation that doing a share buyback prior to the signing of the bill makes the most sense since the 1% tax would likely not be retroactive to previous share purchases.
Are we up to the additional 12 million shares bought by Frank so everyone can then sell ? Anyone keeping track of the total he bought? Hey i buy in too then it will go even higher in the short term and then the crypto coin still won’t be backed by any collateral. Wow. Best time to buy and hold was at .08 while watching the stock do nothing except flirt with a major drop off every day, the diamond hands held though and predicted instead that the CEO would suddenly buy 15 million shares all the while not communicating an easy to understand business plan. OTC for you right there, except usually it’s dilution and not a CEO putting their powerball winnings or whatever into a stock they own. Maybe the more money that is put into the stock the less taxes are paid since it is in the stock? That’s the only reason I can think of unless somebody can explain how millions of drivers are to be paid crypto coins backed by nothing. I think one of the ways to avoid taxes would be to buy stock this year and not sell it for a gain until next year so that generational wealth is recorded on the 2022 tax return and not on the 2021. There could be a tax loophole affecting the decision making of the CEO of some kind that only tax experts would understand, while the story is that it was belief in the crypto car that caused the buying.
Absolutely incredible that somebody sold 1000 shares for a loss today. This company has product in all the major stores and has only 1 million OS and 1 restricted share. Unbelievable micro float opportunity here. Read the reviews on Amazon, Wal Mart, GNC, iHerb… hundreds of great reviews. Gold mine.
This company has issued so many shares in return for third party services, it’s incredible the share price ever rises, all investors are doing is paying for the company’s services indirectly. I think investors believe the share structure is the same as when it spiked to a dollar.
Share Structure
Market Cap Market Cap
17,254,496
12/14/2021
Authorized Shares
1,000,000,000
12/15/2021
Outstanding Shares
358,762,806
12/15/2021
Restricted
273,496,396
12/15/2021
Unrestricted
85,266,410
12/15/2021
Held at DTC
65,216,410
12/15/2021
Float
24,850,000
06/30/2021
Par Value
0.001
273 million restricted shares that will at some point become unrestricted.
This company does not produce iron. Over the next 12 months it plans to fund its operations with the sale of assets and via restricted cash becoming unrestricted:
“The Company did not conduct mining operations, other than reclamation and standby activities, during the three and six months ended September 30, 2021 or 2020. The Company is currently focused on planning the development of its Houston Project and maintaining its other mineral claims and mining concessions. The Company completed reclamation of its previously mined properties during the three months ended September 30, 2021. Subject to securing construction financing, the Company plans to commence construction of its Houston Project.
The Company believes it has sufficient resources to continue its operations over the next 12 months, based on the Company’s expectation that it will generate sufficient proceeds from the sale of surplus assets and the release of restricted cash to fund its corporate and site standby activities.”
https://www.otcmarkets.com/otcapi/company/financial-report/310828/content
They are a Labrador guard-dog watching over properties. So why is the accumulation distribution chart rising? Even if Iron price rises on increased demand, they can’t sell any of it because they have no mining operation.
Does this company produce iron currently?
This stock has nothing to do with business that’s the entire point of the mistakes to get people wondering what is really going on, it’s not just another hoax, it’s telling the truth about the Mars Rover, which is currently in the mountains of Peru in a closed off area protected by military contractors sworn by nda’s, the moon landing was also a hoax prove it wasn’t by going back to the moon with todays media coverage, oh they are in on it so that’s the effect of politicized media nobody believes anything. MONI is investing in tweets so far. What is their tangible product or service. Can anyone here buy their product or use their service today. No. How do you not have tangibility after 7 months in business.
People sold heavy till an hour and 25 minutes after mid session when they decided to buy heavy ..why
Why not just say what the product is right now in a PR, create the pump instead and then sell the news IF it is even mentioned again. It won’t be tangible, it will be “something to look forward to”, every scam is something to perpetually look forward to but never tangible to you. There is no platform, there are no gold updates, no earthquake concerns for our man in Peru tweeted, its about something else, gotta understand how to read women, it’s like a cryptography challenge decipher the message win a prize in this instance it is “Mars Rover is actually in Peru” guarded by U.S. Military contractors sworn to secrecy, good luck proving it and getting past their defenses. Probably blacked out on Google earth as well.
Every once in a while we will tweet something like “We are entering the crypto space” to keep people on the hook, keep it going as long as possible like a good scam always does… Crypto Space is not in outer space like a mooning SP, but in Peru with the Mars Rover.
I think both topics should be addressed ASAP, people are wondering how this works and there have been plenty of communications ex opportunity to explain these specific details. Looking forward to the explanations.
NASA had a lot of interest in PERU in relation to the Mars Rover, so did Moon Equity Holdings Corp mining in PERU, the Moon Landing and the Mars Rover are a hoax, just like this company is a hoax and based on tweets and iHub hype. Nothing tangible will come from this company, other than the revelation of NASA hoaxes, which is epic. An insider like a Citibank employee gets that information from being on the inside and alerts the public:
“NASA Really Is Trying to Grow Potatoes on Mars
Apr 13, 2016 — Peruvian potatoes. NASA, which landed the Curiosity rover on Mars in 2012 and found last year that water flows there, has recently announced ...
www.theguardian.com
'Super potato' grown in Mars-like conditions may benefit Earth's arid ...
Mar 30, 2017 — Peruvian scientists built a simulator akin to a Mars-in-a-box: frosty below-zero temperatures, high carbon monoxide concentrations, the air ... “
Moon landing, a hoax or not a hoax? (An ongoing question for decades)
Moon Equity Holdings Corp, a hoax or not a hoax? (Question since May, nothing tangible has occurred with this company, except tweets and a symbol change)
Mars Rover’s Relationship to Peru
Moon Equity Holdings’ Relationship to Peru
Conclusion: Is the Mars Rover a Hoax and currently filmed in the mountains of Peru?
Is that the true purpose of this company, to alert the public to the Mars Rover Hoax?
Red Flags that would make you think something else is going on here other than a company:
- First ever citibank employee to buy a shell company
- Odd transition from previous owners, PRs from marketing expert CEO were oddly worded, made people think, delve deeper into the meaning of the words.
- Fintech platform never created, Microsoft programmers never listed as employees, not named.
- Shares not delivered to TDA in timely fashion during run to .14 cents
- PR about acquisition was promised early in week, occurred on a Thursday
- Acquired a company in Peru with one person with connections to Peru gold industry - Earthquake in Peru no update on Peru company from CEO.
Hmm, what’s really going on here. Why is it called Moon Equity? It’s to make people think and question, now the stock is being bought to cover the trail, to make the story about the share price and not the revelation of the Mars Rover hoax in Peru.
A single point is known as "a Singularity" - Found Inside SING's black hole of debt share issuances...
“On March 26, 2021, we affected a 1 for 75 reverse stock split of our common stock. At the effective time of the reverse stock split, every 75 shares of issued and outstanding common stock were converted into one (1) share of issued and outstanding common stock.
Series A Preferred Stock
1,411,603,075
Series B Preferred Stock
806,557
Series C Preferred Stock
747,540
Series D Preferred Stock
Convertible notes
20,000
Potentially dilutive securities
1,414,572,521
Warrant Settlement
In July 2021 the Company entered into agreements with two entities relating to prior notes held by such entities. These agreements provide for the cancellation of all outstanding warrants and to purchase an aggregate of 5,700,000 shares of common stock of the Company.
Long-term Notes Payable
In July 2021 the Company entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with Bucktown Capital LLC (“BCL”) whereby the Company agreed to issue and sell to BCL a promissory note in the principal amount of $1,580,000 (the “Note”). The Note bears interest at the rate of Eight Percent (8%) per annum, and provides that for the calendar quarter beginning on January 1, 2022 and continuing for each calendar quarter thereafter until the Note is paid in full, the Company will make quarterly cash payments to BCL equal to $250,000. The Company may choose the frequency and amount of each payment (subject to a minimum payment of $50,000) during each applicable quarter so long as the aggregate amount paid during each quarter is equal to $250,000. The Note matures in July 2024.
NOTE 10 – SUBSEQUENT EVENTS
On October 7, 2021, 97,108 shares of Series A Preferred Stock were converted into 2,427,700 shares of common stock. On October 12, 2021, 75 shares of Series B Preferred Stock were converted into 661,765 shares of common stock. On October 22, 2021, 743,711 shares of common stock were issued pursuant to existing agreements. On November 8, 2021, 809,110 shares of common stock were issued pursuant to the S-1 Equity Line terms."
From Q3 Filing 2021: https://www.otcmarkets.com/filing/html?id=15356235&guid=eKIwk6-ggFhhOth
Updates to the restricted share cancellation timeline would also benefit imo.
Long term cup and handle back to 5.00 a share now.
Investors taking positions today as the Flowr blooms, all charts consolidated, company has achieved major cash flow while the cannabis industry waits, experienced management and international sales, U.S. states legalizing January 1, 2022… the most beautiful flowers are the ones that take a long while to bloom, and it has been a wait, but the chart says it will be worth it.
This stock has a par value of 2.00 per share it wants to uplist to Amex/Nasdaq asap, this will likely spike very very high therefore
CVS, GNC, Walmart, Amazon reviews agree that Irwin Naturals is the real deal, 1 million OS and 1 restricted share, do a Google search, this is a gold mine.
I’ve read a lot of how online casinos etc fund the winnings of their users, Millions of people could use the app and win big money, so that money has to be somewhere ready to deposit into user bank accounts, looking forward to hearing how much they have set aside for potential payouts to money winners. Figure for every one million users you’d need at least one thousand dollars per user (1 billion) to be able to pay out on any given day in some sort of fund or credit facility. Also take a look at IWINF if you get a chance, low float stock with products in cvs, Walmart, gnc, Amazon etc, incredible at 1m OS and with just 1 restricted share.
Wave for extending the route distance of electric trucks and infrastructure/build back better = bright future:
“ 8:51a ET 9/28/2021 - Dow Jones
Ideanomics Unit to Collaborate on 1-Megawatt Wireless Charging Pads
Ideanomics Inc. said its Wireless Advanced Vehicle Electrification subsidiary will participate in a U.S. Energy Department electrified powertrain project to develop the 1-megawatt wireless charging system for Class 8 electric trucks.
The primary recipient of the cooperative agreement is Paccar Inc.-unit Kenworth, which would collaborate with WAVE and Utah State University on system design. WAVE develops high-power inductive charging solutions for medium- and heavy-duty vehicles.
The project calls for WAVE systems at each end of a 400-mile regional haul route between Portland, Ore., and Seattle.
Each charging station will deliver 1-megawatt of power from roadway-embedded charging pads, stationed at designated facilities in Seattle and Portland, to a specially equipped Kenworth T680 next-generation battery EV, enabling the vehicle to exceed its standard 150-mile range and complete the 400-mile route, Ideanomics said.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
September 28, 2021 08:51 ET (12:51 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.”
Big time reversal higher opportunity tomorrow (Wednesday) at close into open Thursday
Share Structure
Market Cap Market Cap
18,893,156
12/13/2021
Authorized Shares
Not Available
Outstanding Shares
410,720,784
11/29/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
Not Available
Short interest as of 11/30 was 10.52%, potential for squeeze exists to support what should be a great year ahead
Financial backing for gambling payouts article, DRCR is doing everything right to succeed:
“So where can you get the money from if you want to start an online casino? Unless you have access hundreds of thousands of pounds in your own bank account, you’re going to need either a loan, or investors. And for both of those, you’ll need a well-thought out business plan, detailing exactly how you’re planning to put their money to good use. This will include purchasing hosting software. Luckily, the market is so well-established now that several out-of-the-box options are available that will get you up and running without needing advanced coding skills. Any new casino will also need to apply for licenses for the countries they wish to operate in. Finally, any respectable brand requires staff to help and support the players with enquiries and issues.
Even breaking it down into simple headings like marketing, staff, software, and licenses, it’s easy to see why a new start-up needs the funding in place from the start. And, of course, as the business grows, further injections of cash will be needed to shore up the supporting systems until the business is stable enough to support itself. Unfortunately, business loans for online casinos may be hard to come by. The marketplace is incredibly competitive and players already have hundreds of sites to choose from. Banks and lenders would have to see something very original and be confident of success before signing over the funds. And like any start-up, that can be the first hurdle. How do you demonstrate that something is original enough to carve out its own niche, yet also similar enough to existing products to appeal to their target market?
For online casinos, it is a blessing that the industry has built-in ways to show individuality. Most of them are themed – space, jungle, the 1950s etc – so any new start-up casino can give a fresh lick of digital paint to existing software and produce a unique product. But because the core games on offer don’t change, anyone looking for online slots or poker could be tempted to give new rooms a try, for the right incentive. By studying which are the most popular draws, be it progressive jackpots, enticing mini games or free spin bonuses, new casinos can find the most effective way of bring new players on board.
And this is where investors could prove to be gambling guardian angels. The gambling industry might seem saturated, but experts are predicting that the rapid growth is set to continue, with industry revenue expected to exceed $90 billion dollars by 2024. This is mostly due to the fact that the remote gambling industry is still relatively new, with many areas of the world only now beginning to open their doors to the possibilities. Many parts of the United States of America are yet to legalise online gambling, but changes are coming, and when the market does fully open, as experts are predicting it will in the next few years, there will be ample opportunity for existing brands to make the trip across the Atlantic.
With industry projections this healthy, new companies with good proposals are sure to be able to find financial backers eager to get in at ground level and scoop themselves a share of future profits. Many newly launched sites seem to find this the best way to get off the ground: staged investment from individuals or companies, who contribute small chunks of capital at different stages of growth. Investors love a proven product in a proven market, and while investing in online casinos isn’t a traditional method of making money, it is proving to be a very popular modern alternative.
So if you’re thinking of entering the online casino market, remember that the best way to attract financial backing is with a well-written business plan, an eye-catching idea a good sense of competitors.”
https://www.finsmes.com/2019/09/how-do-new-online-casinos-secure-start-up-funding.html
Next chart opportunity January 3 6 month consolidation completes
The more money he spends on the open market the less available to fund the coin as far as shareholders know
50 SMA landing nicely and beginning to get that sideways trajectory, tomorrow Wednesday at 2:30 pm the 5 day chart will also be consolidated and we’ll see if we can start heading towards that moving average, currently at .36, coupled with some company news maybe we get a run going, opportunity is available
11 days till climate bill passed by Senate, charts are consolidated, SS helps to keep stock under a 1 billion MC to avoid additional tax to pay for climate bill, still with room to run higher though prior to 2022:
Share Structure
Market Cap
716,660,273
12/13/2021
Authorized Shares
1,500,000,000
10/31/2021
Outstanding Shares
497,680,745
11/18/2021
Restricted
58,854,692
10/31/2021
Unrestricted
427,895,364
10/31/2021
Held at DTC
422,883,506
10/31/2021
Float
Not Available
Par Value
0.001
Just tweet what the collateral for the coin is and people will buy in knowing it isn’t their own shares that are backing coins being distributed to drivers. Is it lottery winnings or an application to a government program?
UK gambling license is a big diamond prize, hoping for that news and updates to get the prediction app going by the first college bowl game on Friday, December 17. That would be an awesome goal to achieve if they can transition the app by game time Friday.
Impressed that iosoft is tangible and utilized by existing corporations, the upcoming Senste vote on the climate bill should bring more investor attention here:
“Earthlinc Environmental Division
In 2022 RJD Green has targeted utilizing the proprietary green technologies in direct applications and joint ventures.
Earthlinc Environmental Division is servicing a product development program utilizing Agrico Corp's forestation program processes, and a joint-venture effort with Winport Inc. in international land development and environmental reclamation utilizing RJD's patented animal waste recycling ad repurposing utilization.
Ron Brewer, CEO, states: "Through our Earthlinc Environmental Division, RJD Green will continue its pursuit of contracting for their environmental technology services, while continuing efforts in developing additional proprietary environmental products and services. As equity partner relationships are procured, RJD will focus on acquisition of one or more companies operating in green efforts."”
EarthLinc already qualifies this company as a green energy opportunity, and if they can find the right company(s) to acquire with potential to benefit from government investments then that is a major opportunity at this share price imo, the climate bill is due to be passed by December 25th.
First Ilus,… then IWIN.
PUBLISH DATE
TITLE
PERIOD END DATE
11/30/2021 Management Discussion and Analysis - Management Discussion and Analysis 09/30/2021
11/30/2021 Interim Financial Report - Interim Financial Report 09/30/2021
11/16/2021 OTCQB Certification - OTCQB Certification 12/31/2020
11/16/2021 Interim Financial Report - Interim Financial Report 03/31/2021
11/08/2021 Interim Financial Report - Interim Financial Report 06/30/2021
11/08/2021 Management Discussion and Analysis - Management Discussion and Analysis 06/30/2021
11/08/2021 Management Discussion and Analysis - Management Discussion and Analysis 12/31/2020
11/08/2021 Management Discussion and Analysis - Management Discussion and Analysis 03/31/2021
11/08/2021 OTCQB Certification - OTCQB Certification 12/31/2020
11/08/2021 Annual Report - Annual Report 12/31/2
https://www.otcmarkets.com/stock/iwinf/security
“Share Structure
Market Cap Market Cap
3,756,003
12/13/2021
Authorized Shares
Unlimited
12/06/2021
Outstanding Shares
1,200,001
12/06/2021
Restricted
1
12/06/2021
Unrestricted
1,200,000
12/06/2021
Held at DTC
10,680
12/06/2021
Float
1,200,000
09/15/2021
Par Value
2.00
“
Don’t miss this one
“ Irwin Naturals Commences Trading on the OTCQB Venture Market under the “IWINF” Stock Symbol
NOVEMBER 29, 2021 7:00AM EST
Download as PDF
The Company’s Shares also have DTC Eligibility and are Listed on the Frankfurt Stock Exchange under the “97X” Stock Symbol
VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”), a household name and best-in-class herbal supplement formulator since 1994 that is leveraging its brand to enter the cannabis and psychedelic mental health industries, is pleased to announce that its ordinary shares (the “Shares”) have been successfully up-listed from the OTC Pink Sheet Open Market to the OTCQB Venture Market (the “OTCQB”) by the OTC Markets Group Inc. (“OTC Markets”). The Company’s Shares began trading on the OTCQB under the symbol "IWINF" as of the opening of the market on Friday, November 26, 2021. Irwin has a verified profile and is 12g3-2(b) Certified by OTC Markets.
Operated by OTC Markets, the OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. The OTCQB is recognized by the United States (“US”) Securities and Exchange Commission as an established public market providing public information for analysis and value of securities. These standards provide a strong baseline of transparency, as well as the technology and regulations to improve the trading experience for investors.
Investors or other interested parties in the US can obtain real-time quotes for Irwin’ Shares as well as access its most current news and other information at www.otcmarkets.com. Shareholders will also now have greater access to information via the OTC Disclosure and News Service, as well as transparent prices through full depth-of-book with Real Time Level 2 quotes.
Second, the Company’s Shares have successfully become eligible for delivery and depository services with the Depository Trust Company (the "DTC"), which facilitates the electronic settlement of transfers of common shares in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities expedites the receipt of stock and cash, and thus accelerates the settlement process for investors and greatly reduces transaction costs for participating brokerages firms.
Third, the Company’s Shares became listed for trading on the Börse-Frankfurt Exchange (the “Frankfurt Stock Exchange”) on October 11, 2021 under the securities identification code "WKN: A3CVJR" and the stock symbol "97X". The Frankfurt Stock Exchange is the world's third largest organized exchange-trading market in terms of turnover and dealings in securities and the world's 12th largest stock exchange by market capitalization. There are over 3,000 international companies listed on the Frankfurt Stock Exchange.
About Irwin Naturals
Irwin Naturals Inc. is a household name and best-in-class herbal supplement formulator since 1994 that is leveraging its brand to enter the cannabis and psychedelic industries. On a mission to heal the world with plant medicine, Irwin Naturals has operated profitably for over 27 years*. Irwin Naturals’ growing portfolio of herbal products are available in more than 100,000 retail doors across North America, where nearly 100 million people know the Irwin Naturals brand**. In 2018, the Company first leveraged its brand to expand into the cannabis industry by launching hemp-based CBD products into the mass market. The Company is now leveraging its famous halo of brand trust to become one of the first household name brands to offer THC-based products and psychedelic-assisted services.
*Under several corporate structures, Klee Irwin has operated the Irwin brand profitably since 1994, as measured by EBITDA adjusted for extraordinary costs.
**Based on a formal Company survey with a sample size of 500 randomly selected adults.
For investor-related information about the Company, please visit ir.irwinnaturals.com/
“
“ 7:00a ET 11/29/2021 - Globe Newswire
The Flowr Corporation Announces Third Quarter 2021 Results and Provides Operational Update
The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) ("Flowr" or the "Company") herein announces its financial and operational results for the three and nine months ended September 30, 2021. All financial information in this news release is reported in Canadian dollars and represents results from continuing operations, unless otherwise indicated.
Darryl Brooker, Chief Executive Officer of Flowr commented:
"The third quarter of 2021 continues our focus on the development of new genetics, the growth of premium and ultra-premium dried flower cannabis in Canada, continued improvement of operational efficiencies and production at our indoor E.U. GMP Sintra facility in Portugal ("Sintra Facility").
In July 2021, Flowr entered into an agreement with Green Hedge Education & Distribution Services Ltd. ("Green Hedge") to act as our external sales agent in Ontario, Alberta, British Columbia, and Saskatchewan, significantly increasing our sales coverage in each province. Our points of distribution continue to expand in each province and the recent release of our newest strain, Strawnana, continues to gain consumer attention.
As we continue to focus on new and exotic genetics, Flowr expects to launch three new strains in Q1 2022, which have already been approved for listing, doubling our current offering and continuing to support our strategy of premium and ultra-premium dried flower.
In Portugal, Holigen Holdings Limited ("Holigen") has completed the Sintra Facility and is currently growing new genetics shipped from the Flowr K1 Facility at the Sintra Facility. In addition, we expect to receive further genetics under the previously announced Cookies partnership by end of December 2021, further improving the capability and our confidence in growing Holigen's presence in the E.U. market.
As a result of our continuing efforts on cost reduction and divestment of non-core assets, SG&A expenses have decreased for three consecutive quarters, representing a 21% decrease from the same level in Q4 2020. The land sale agreement that was previously announced is scheduled to close in early December 2021 with the Company to receive $5.3 million in cash, and a further $1.0 million cash receivable within six months upon satisfaction of certain conditions.
During the third quarter we continued to strengthen our balance sheet with an early repayment of $7.5 million towards our syndicated credit facility led by ATB Financial ("Credit Facility"). In December we intend to make a further paydown of $3.0 million from the land sale proceeds towards the Credit Facility, bringing the principal amount outstanding to below $6 million by the end of the year.
As we look ahead to the fourth quarter of 2021 and beyond, we are excited about the opportunities to continue growth in Canada and the E.U. Our focus will remain on executing our strategy to increase sales through new genetics and innovative product offerings, improving operational efficiency to ensure a consistent supply of high-grade premium products and maximizing the potential of Holigen."
Third Quarter and Year-to-Date ("YTD") 2021 Highlights
Operational Update
Selected Financial and Operational Results
In thousands of CAD dollars, Three months ended Nine months ended(except loss per share and grams harvested) September 30, September 30, 2021 2020 2021 2020Grams harvested - K1 1,087,657 1,305,311 3,008,380 3,140,979Grams sold 2,338,769 552,409 5,250,711 1,094,187Gross revenue 3,564 3,403 10,585 7,375Net revenue 2,541 2,823 8,547 5,913Cost of sales 7,276 3,935 16,802 8,564Impairment of inventory 1 1,548 879 2,675Gross loss before fair value adjustments (4,736 ) (2,660 ) (9,134 ) (5,326 )Selling and marketing and G&A 3,632 3,563 12,427 14,000Share-based compensation 418 1,022 (714 ) 2,624Restructuring costs -- -- -- 726Loss from disposal of subsidiary 91 -- 1,150 --Net loss (9,189 ) (10,174 ) (25,375 ) (28,105 )Basic and diluted loss per share (0.02 ) (0.07 ) (0.07 ) (0.20 )
(1) Gross revenue net of excise tax, provision for returns and concessions
For a full discussion of Flowr's operational and financial results, please refer to the Company's Management's Discussion & Analysis and Interim Condensed Consolidated Financial Statements for the three and nine months ended September 30, 2021, which have been filed on SEDAR at www.sedar.com.
About The Flowr Corporation
The Flowr Corporation is a Canadian cannabis company with operations in Canada and the European Union. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility, an outdoor cultivation site, and a state-of-the-art R&D facility. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr services the global medical cannabis market through its subsidiary, Holigen Holdings Limited, which has a license for cannabis cultivation in Portugal and operates a GMP licensed facility in Portugal. In 2020, Flowr's BC Pink Kush was recognized as the top indica strain in Canada by KIND magazine.
Flowr aims to support improving outcomes through responsible cannabis use and, as an established expert in cannabis cultivation, strives to be the brand of choice for consumers and patients seeking the highest-quality craftsmanship and product consistency across a portfolio of differentiated cannabis products.
For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.
On behalf of The Flowr Corporation:
Darryl Brooker
Chief Executive Officer
”
December is here. Time to go higher now.
Maybe Irwin and Flowr corp can do a deal?
ILUS January IWIN December it’s all a cycle energy all good things just tap it in.