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Alias Born | 05/06/2016 |
Saturday, May 06, 2023 8:44:40 AM
Made $3.3M more in 2022 than in 2021, but lost $3.6M more.
The comparative numbers are horse shit! Smoke & mirrors!
Akanda wasn't formed until Nov. 2021, and had no source of revenue that year afaik.
If they'd earned $1 in '21 and $1000 in '22, they would boast about having increased revenue by 99,900%. It would seem impressive to anyone not paying attention or doing DD.
While it may technically be accurate, it would be a blatant attempt to deceive investors by pulling wool over their eyes.
None of the numbers should have been compared to 2021 because the CONpany didn't really exist then - the CON was just beginning.
If I tell you my new car goes 100 mph faster compared to the car I had in 2021, you'd probably be impressed. What I didn't tell you though, was the one I had in '21 had a blown engine and never drove. So the truth is, my new car goes 100 mph, period. That's not impressive - almost any car can do that. But I'll let you think my new car is extremely fast.
How did they manage to lose $8.1M in under two months in '21? Was it part of spinoff-related costs?
Yeah, uhh......where'd that $3,244,197 in cash go? Can I get an itemized receipt for that?
Whose pocket is it in?
I suppose when your core business is growing cannabis and your premier grow site is mired in liquidation court, it can be extremely challenging to produce your ONE AND ONLY PRODUCT, and that could severely impact revenue.
If only Akanda had a trustworthy and competent management team instead of crooked Fuc@#$%! like Halo.
Recent AKAN News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/14/2024 01:00:01 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/12/2024 06:30:02 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 03:32:02 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/20/2024 05:41:12 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/20/2024 01:00:41 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/17/2024 07:34:20 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/17/2024 03:00:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 07:44:53 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/13/2024 09:22:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 08:05:32 PM
- Aptos Declines Ahead of Token Unlock, Hong Kong Nears Approval of Crypto ETFs, and More Updates • IH Market News • 04/12/2024 06:14:12 PM
- Univest Securities, LLC Announces Closing of $5 Million Underwritten Public Offering for its Client Akanda Corp. (NASDAQ: AKAN) • GlobeNewswire Inc. • 03/27/2024 08:45:00 PM
- Form F-1/A - Registration statement for certain foreign private issuers: [Amend] • Edgar (US Regulatory) • 03/11/2024 07:29:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/11/2024 12:00:26 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 03/05/2024 07:48:48 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/05/2024 02:27:27 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/01/2024 02:14:48 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 03/01/2024 01:22:34 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 10:16:15 PM
- Form F-1 - Registration statement for certain foreign private issuers • Edgar (US Regulatory) • 02/20/2024 06:59:44 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/20/2024 01:35:03 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/13/2024 05:35:08 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/02/2024 10:28:45 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/02/2024 04:09:51 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/02/2024 03:28:07 PM
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Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM