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Wolf-man jack

06/29/22 2:30 PM

#77353 RE: Gladys Thong #77352

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

ap17

06/29/22 4:32 PM

#77355 RE: Gladys Thong #77352

YUP REAL AS IT GETS!! OUCH OUCH OWIE!!

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

Fangster

06/29/22 11:30 PM

#77359 RE: Gladys Thong #77352

Really! CV is Rome and Rome in burning but hey look over there!