Replies to post #55205 on Xtreme One Entertainment Inc (XONI)

[dadago]

According to the last Financials in October ( http://www.otcmarkets.com/financialReportViewer?symbol=CGRW&id=163044 ) they have had only 10k in revenue last quarter with a 2k profit

According to the website they "We offer management, development, construction, staffing, entitlement process (permitting), research and other professional services to the legal Cannabis industry" .... so a consultant and a labor pool.

I can only speak for myself....I don't see
good business practices in the numbers.

2 grand in profits last quarter
A loss of 63 grand last quarter
The largest tangible asset are recievables 43k.

I have been buying and selling this stock for quite some time, and have made some good money. But according to what I read with the math, financially it sucks .

The bet I believe that they are banking on is for the schedule 1 restriction to be lifted and they they have infrastructure in place on the rented land ready to go. Will that happen soon, that's the golden question .