Replies to post #3859 on Halo Collective Inc (HCANF)

[Scumbag Fraudsters]

What do you mean by "type" of company?

This is my first pot stock.

But all the OTC stock I've owned have been scams or total shit; I didn't make money with any of them.

And it's not just me, did you read the tweets?


Halo gives the appearance of building a big company. But big doesn't mean profitable (just ask Canopy).

June 8, 2021

Industry leader Canopy Growth (-6.48% year-to-date) is the worst performer among the three weed stocks. The stock price has climbed to as high as $66.21 on February 10, 2021, but the rally did not sustain. As of June 4, 2021, WEED trades at $29.29 per share, or 55.76% lower than its February peak.

In the fiscal year 2021 (year ended March 31, 2021), Canopy’s strong double-digit growth in its cannabis and other consumer products businesses resulted in a 37% revenue growth versus FY fiscal 2020. However, its net loss deteriorated to $1.7 billion compared to $1.4 billion.

If Halo was acquired for 50¢ a share, I'd be more than happy to escape from this bottomless pit. Shareholders shouldn't be milked dry for years on end with no payback. They should receive some appreciation and interest for loaning their money.

Tek shares are worthless if they barely cover your losses. Like slapping a small Band-Aid on a big wound.