Can B Corp (CANB): Canb did NOT have 7m revs. They had $569...

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Re: RedSox04 post# 25602

Thursday, 05/21/2020 9:43:53 AM

Thursday, May 21, 2020 9:43:53 AM

Canb did NOT have 7m revs. They had $569,707 in revenue and a $1.1m net loss.

For anyone considering a long position here, consider this quote from the financial statement. “The Company plans to improve its financial condition by raising capital through sales of shares of its common stock.”

Translation: they are going to dilute your shares.

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