The company needs more cash - that much is clear. Will they do a reverse stock split in an effort to raise more cash?
C
Ready to blow up, new deals, multiple revenue streams, licences fees are behind us, 30c+ EOY
S
So, how long does every one think that $2,000,000 they raised will last? Keep in mind they paid $160,000 in commissions on that raise and legal fees on top of that. End of June?
C
Averaged down from 85c to 20c
S
I speculate that management will try to sell HAVN to another shroom company. This company clearly has no future - the best thing to do is sell it and try to get something for their IP. If they wait too long, and they run out of cash again, they will walk down this SP to zero.
K
been lots of disappointment here but I feel like it can't really get that much worse hopefully this is the start of the good news flowing
S
Hey Corey, You still pumping this? Or did you run scared when you saw their quarterly financials?
the potential is immense and the company already has their foot in the door. supply agreements and partnership are already set. block the noise.
C
to all the haters keep in mind Havn is one of the few psychedelic stocks currently in revenue through its natural health supplements as well as their psilocybin with distribution breaking out globally. this company was built over a pandemic and is progressing steadily. takes time to build a company. you guys have the patience of a disobedient child.
N
@D Did the HAVN management team bully you in school or something?
S
So, if they received their receivables in Feb and paid their payables in the same month, and burned another $482k, they would have only had $32,000 in the bank at end of February.
J
There is no reason to be on this board fir .07 Cent stock, if you are not long, there is mo short platy
S
There’s nothing wrong with a speculative company that takes a few years to start earning a profit. BUT said company needs to be heavily capitalized. Which HAVN is not. Even after that destructive private placement, they only have a few months worth of cash. What will the next private placement be at? $0.05?
C
I believe this is vastly overlooked. our partnership with woke pharmaceuticals is very substantial. a lot of people may not realize but getting into the Chinese market can be quite difficult. with this partnership Havn has gone in almost over night $$$ huge.
"Woke Pharmaceuticals will be pursuing the distribution of HAVN Life natural health products through Australian retailers, including major supermarkets and other retail outlets, as well as through various e-commerce portals such as Australia and New Zealand Amazon sites. The market for dietary supplements in Australia and New Zealand was estimated to exceed $3.7 billion in 2020.
The Agreement with Woke Pharmaceuticals also provides a distribution channel into China using Woke Pharmaceuticals' existing relationships. The Chinese market for health and wellness supplements was estimated to exceed $26 billion in 2020 according to consultancy firm, Tong Intelligence."
H
I been in this long and lost a fortune I prefer to lose it all then take it out
Hope this is the bottom
the potential is immense and the company already has their foot in the door. supply agreements and partnership are already set. block the noise.
"Woke Pharmaceuticals will be pursuing the distribution of HAVN Life natural health products through Australian retailers, including major supermarkets and other retail outlets, as well as through various e-commerce portals such as Australia and New Zealand Amazon sites. The market for dietary supplements in Australia and New Zealand was estimated to exceed $3.7 billion in 2020.
The Agreement with Woke Pharmaceuticals also provides a distribution channel into China using Woke Pharmaceuticals' existing relationships. The Chinese market for health and wellness supplements was estimated to exceed $26 billion in 2020 according to consultancy firm, Tong Intelligence."