Replies to post #79701 on CV Sciences Inc (CVSI)

[Thomas@yahoo]

So in comparison how do you feel about the 7 Stanley Boys of Charlottes Web and that 10 million that Wise Wolf mentioned ?

[GE_Jim]

Now that is a good question ! He knows whats coming . . . .

[DarthYoda]

Agreed. It is an interesting question. Also interesting is the actual constitution of CV's $15.181mil in assets, which they will need to somehow leverage. Over 20% of their assets, $3.143mil, are just prepaid expenses. Cash $1,139 and inventory $7,226,000 are consumable and time sensitive. Take those 3 things out and all that's left is $3,673,000, of which $1,485,000, almost half, is "intangibles", and $557,000 is "Other". That leaves only $1,631,000 in Property, Rights of Use, Equipment, and accounts receivable. Meanwhile, Total liabilities are $13,816,000...

Cash and cash equivalents $1,139
Accounts receivable, net 695
Inventory 7,226
Prepaid expenses and other 3,143
Property & equipment, net 635
Right of use assets 301
Intangibles 1,485
Other assets 557
Total assets $15,181

https://www.otcmarkets.com/filing/html?id=16199697&guid=Cs4-kWJiMHfPdth