Replies to post #75293 on CV Sciences Inc (CVSI)

[TimSaysMakeMoney]

Sucks when the CEO gives an investor pitch and the stock drops 10% the next day. They need a new CEO.

[motorcity]

But they also said they would get to break even by middle of last year. He needs to deliver some of these before I give him credit for what he says.

[jefra1965]

I have search for this fact and I haven't been able to find it. From looking at the financials I found that very hard. I can see (JMHO) a spike in sales of 25-35% coming this year from different marketing initiatives (new products) and other regulatory and scientific news over the past 12 months but the operating cash flow won't be positive. Maybe in 2023.

If you have a source, please post it.

And I also see that the operating expenses are improving too but the company needs to ramp up the volume in sales to achieve better gross and operating margins.