Panacea Life Sciences Holdings Inc (PLSH)

[FairviewInvestor]

Well, no love so far. spoke with a fairly decent scale processor in Denver who was a 1st connection with her on linkedin.

he said, no firsthand knowledge and only that he remembers the company coming up favorable in a conversation at some point. but can't remember what it was about. basically he has no trading history.

my guy in a Major hasn't come back either, maybe he's on summer vacation. I will say that as a major in the top 5 of brands they turned over $50M n 2019 and $30M in 2020... i got the impression were that their numbers are good for 2021.
Point being.. I would expect to find more reviews of their products and more readily available info on google searches for Panacea if indeed they did turn over $10M last year.

If I were to guess... $2.5M - $5M turnover just based on knowledge of other brands who seem to be cut from relatively the same cloth.

the wild card is the 22 employees. Let's say five of them aren't there anymore and haven't updated their linkedin as they haven't found new jobs yet..

If they are down to 11 - 15 employees, once again the $2.5M-$5M would coincide with other players.


basically a bunch of speculation after I said. "I can find out with a couple phone calls"

honesty always the best policy