CGB 0.00% 2.1¢ cann global limited

Ann: Licenses Update, page-56

  1. 4,287 Posts.
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    I totally misread the Morningstar post and didn't pay attention to brackets (). Negative operating cash flow. Stupid mistake but it really doesn't matter too much to me. If the Bauxite side cannot operate properly how can they generate money? They also at that point had only recently acquired their 55% stake. Which is not really that much time to bring much revenue from MCL and vitahemp. Yet they still have over $6 million on hand. $288000 in the red for operating isn't so bad and it does indicate to me for a company that isn't operating at its capacity due to licensing issues (Bauxite) that it is managing pretty well at least in my eyes. Penny stocks at this end of the market aren't really that profitable. You buy at this price in the hope they will be. If they were turning a massive profit right now they wouldn't be at 1.8c. I bought this stock because of my change in tune about MM because of a friend has a child who could benefit. I bought QBL because of the multi uses for hemp and it's retail potential. I don't really care if people like Corona or anyone don't share my enthusiasm. But like your call on baiting that no the type of person I'll be sharing my info with and that's whether people agree or disagree with what I post. Some people come in here to just stir the pot and I just can't be bothered with them anymore.
 
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