Friday, September 10, 2021 1:45:02 PM
FUNN execs rewarded selves with preferred/common shares - on POOR Execution. They haven't signed a new cafe lease since May 2019. They have failed to secure $$$ to expand. Last all investors from January 2020 "inked" deal for 10 new cafes. RC/FUNN FAILED to signed ZERO cafe leases from that alleged "inked" deal.
FUNN execs said they would open MJ dispensary December 2020. Didn't happen. Am predicting they FAIL to open dispensary during Summer 2021, which is ending very soon. DB has had 3 years in Ontario to open a dispensary. Hasn't happened yet. DB has had approval to build out 10 Dunlop Since August 2020. What's the holdup?
FUNN execs need to produce not two, but THREE audits. FU19/FU20/FU21. They missed the 6/30/21 deadline to file and uplist.
They need to break down by business segment and in compliance with franchising requirements.
Plenty of evidence to show that they can't get stuff done in a timely manner - that would benefit minority SH.
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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