THE WISE WQLF SAYS: Keeping it REAL
Dr. Joong J Fang Said; CVSI is planning on a Vertical Merger. With less Debt, Cash on Hand and Financially Stable without the probability of Reorganization Bankruptcy and Massive DILUTION.
CWBHF
NET CASH BURNED in Operating Expenses Q-1 2022 ending March 31,2022
$4,679,000 USD
CASH and CASH Equivalents ending in March 31,2022
$14,497,000 USD
ESTIMATED end of year December 31,2022 CASH and CASH equivalents at current CASH BURN for the remaining 3 Quarters.
$4,700,000 Times 3 equals $397,000 USD
REAL as REAL can GET YQU do Understand YQU Understand. $397,000 USD.
NET CASH BURN USED in OPERATING ACTIVITIES in 2021
$29,559,000 USD
ESTIMATED NET CASH BURN USED in 2022
$18,800,000 USD
The Difference between 2021 and estimated 2022 is $10,579,000 USD
HOW CAN they cut $10,579,000 USD after they already cut over $7,000,000 USD in 2021?
SOLUTION
DILUTION DILUTION DILUTION or REORGANIZED BANKRUPTCY
LONG TERM LIABILITIES
$20,897,000 USD