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Alias Born 08/07/2018

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Thursday, 05/16/2019 1:53:51 PM

Thursday, May 16, 2019 1:53:51 PM

Post# of 15472
OPERATING EXP grew Quarter/Quarter by -21%, Net income grew negatively, -$30MM, Cannibus market is saturated, they need to fix their distribution and learn how to cut their expenses, this will not happen with all thier recent acquisitions , LONG TERM DEBT GREW BY 2.2MM, CURRENT LIABILITIES grew by 556%!!!, 25.9MM to over 170MM!!!, where are they going to get this cash to pay off their liabilities with negative income, either more debt or stock issuance which is dilution (which they have been doing), thier cash pile is decreasing Q/Q, for crying out loud they borrowed over 450 Billion this quarter, this is going to $20, youd have to wait at least 10 years for this company to make any money. Dont let all these scam artists fool you on their websites, look at the numbers! do your own Due Diligence!!!!!
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