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Re: None

Wednesday, 12/05/2018 8:29:17 AM

Wednesday, December 05, 2018 8:29:17 AM

Post# of 7789
Useless...Incorrect Valuation Chart on Stockhouse.

Here is a post from the Stockhouse board....containing a Cannabis Peer Valuation Table. BE WARNED....IT CONTAINS INCORRECT DATA.


Dec 1 Cannabis Peer Valuation Table available for LIHT
The MicroCap.com semi-monthly valuation table has now been posted for LIHT. Snapshots are available at https://microcap.com/p/cannabis. A couple new columns have been added from the first post Nov 15th.

For better clarity, the original PDF files are available on the blog section of their site: http://blog.microcap.com/pdfhost/ . Two files - one sorted by Price to Book Value and another sorted by Enterprise Value (EV).

Valuations have come down considerably since the 15th.



Read more at http://www.stockhouse.com/companies/bullboard#ps6Ox5smDPgOzluJ.99


There are two tables one for Book Value and one sorted by Enterprise Value.

On one table LIHT is listed as having a loss of $3 million...the next table (which is simply resorted) shows LIHT having a loss of $88 million...which is shown to be Medmen's loss on the first table. Scrambled data in a table...renders it useless...IMHO. It also show $ 0 revenue projected for 2019 for LIHT...that also is incorrect. I only checked a few companies...but when I found scrambled data...I found no reason to believe any of the data, or continue. So others know...I'm posting it here. I don't belong to the Stockhouse board...if someone wants to post this message there...that would be great.

US markets closed today.

GLTA

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