Tuesday, July 11, 2017 8:19:43 PM
I looked at the stats for Cannabix Technologies Inc. (CNSX:BLO) and if you factor in that we have a BILLION shares outstanding (being generous) and Cannabix has $86 Million with a market cap of $41 Million, then VNTH should be trading at $0.041. And based on my reading of their website, they are no where near commercialization. Plus they only do Cannabis and not opioids and other drugs.
Stock Quote - Cannabix Technologies Inc. (BLOZF)
Cannabix Stage of Development
PLUS based on what I read and their video, their stage of development is no where near VNTH's. Just read their disclaimer on the bottom of this page):
In part it reads "Cannabix Technologies Inc. contain forward-looking information that involve various risks and uncertainties regarding future events....such as final development of a commercial or prototype product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development...There is no assurance...that any proposed new products will be built or proceed. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial breathalyzers...Except as required by law, the Company does not intend to update these forward-looking statements.
And look at the HUGE size of their prototype
And this one which is smaller states in their video here that it is just a rendering, so I would assume this is just a dummy unit.
Cannabix Technologies Inc. (BLOZF)
Other OTC - Other OTC Delayed Price. Currency in USD
Previous Close 0.48
Open 0.48
Day's Range 0.47 - 0.48
52 Week Range 0.10 - 0.81
Volume 17,009
Avg. Volume 107,047
Market Cap 41.502M
Beta 6.52
PE Ratio (TTM) -17.14
EPS (TTM) -0.03
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