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Monday, 08/01/2022 2:47:55 AM

Monday, August 01, 2022 2:47:55 AM

Post# of 29469
Lol! Debt to build a massive seed to sale hemp-CBD company coupled with historic year after year revenue gains is a good thing. You have to expand to make the revenues increase and CANB is doing a fantastic job expanding and generating revenue. TSL* has a mind boggling 42 billion dollar "debt" but the company is growing massively.

There's good debt: expanding the company and making huge revenue. CANB example:
Revenue increased 606% to $1.9 million

Gross profit increased 291% to $0.7 million

Adjusted EBITDA loss decreased 30% to $0.9 million

Total assets increased to $17.0 million

Total stockholders’ equity increased to $6.2 million


And bad debt: basically just look at the federal government's spending

CANB is definitely NOT the US government

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The Badguy

My opinions sure do me well. Use your own judgment. My opinions are my opinions.


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