Anyone here liking their more updated prospectus? Looks like they are relisting under a new name and calling themselves Live Verdure. They have lowered their market cap to 11m (I think last year they were attempting 15m). Whilst their revenue is doubling year on year, I can't help but notice their expenses are spiralling out of control. Makes me think that an 11m MC is a tad bit overvalued when considering their FY20 revenue was $450k (of which $50k was COVID grants) and their losses over $1.3m. Plus I feel like the hype train for hemp related IPO's is well and truly over. Would love to hear other peoples opinions.
