EXL 0.00% 0.4¢ elixinol wellness limited

Not really giving a toss. As I explain above, this is just BP...

  1. 1,578 Posts.
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    Not really giving a toss. As I explain above, this is just BP painting the tape because they have retail clients to fleece.

    Also, here is me calling the lawsuit: https://hotcopper.com.au/threads/sp-discussion.4400582/page-796?post_id=41849469


    and here:
    https://hotcopper.com.au/threads/sp-discussion.4400582/page-790?get_post=true

    And the article I refer to. https://www.naturalproductsinsider.com/regulatory/cbd-industry-hit-nearly-half-dozen-class-action-lawsuits

    Come bragging the day after the retail tsunami of new shares are released into the market @TaoAgrarian. This is just BP sucking in the plebs. The day after they are all tripping over themselves trying to cash in the “profit”, you’ll see how many bids there are.

    Everybody knows that even with the CR, they have two quarters of cash left. Any comparisons to 12 months ago forgets that 2/3s of the company’s business are gone now (food and the hope of medicinal). It’s just a CBD company with 1000’s of competitors who did 3.3 million of revenue last quarter and $7 million before that while burning $9 million in the most recent quarter with more than half of the employees gone compared to “12 months ago”.

    This is a zombie company. Only continuing to exist feeding on retail brainz. It doesn’t make profits. It begs and paints the tape.

    Last edited by HempCFO: 11/05/20
 
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