Replies to post #20436 on Charlotte's Web Holdings Inc (CWBHF)

[MaxwellE]

As the Toilet Bowl Turns...Right down the crapper...UNCONTROLABLE CASH BURN...M

[ap17]

Would have been a wise move to NOT be buying this POS as it hit $1 and below, all wasted money as this will NEVER EVER recover.

[MaxwellE]

CW has about 6-7 months of cash reserves at their drastically reduced spending levels. It only took the Stonely Bros a year and a half to figure out they couldn't burn through $160,000 per day and stay afloat. Their credit has been cut off, sales are below forecast,... think about that...CW NEEDS TO DO THEMSELVES A FAVOR AND PULL THE PLUG...M