$TRUFF just blew 1.8 million on an empty piece of
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Posted On: 04/12/2022 7:01:45 PM
$TRUFF just blew 1.8 million on an empty piece of land. That investment with their monthly burn rate of 1.1 million per quarter means they're down 3 million. Leaving them 24 million in the war chest. Looks like TRUFF is admitting their loss in the magic mushroom arena now that their investing in regular mushrooms these days.
In the last quarter they make a ridiculous return of only $622,000 gross. The CEO doesn't have the experience to turn this ship around.
They lose just over 4 million a year and once the money is close to running out this ship will sink. Summer is coming up and the SP will go below 10 cents.
In the last quarter they make a ridiculous return of only $622,000 gross. The CEO doesn't have the experience to turn this ship around.
They lose just over 4 million a year and once the money is close to running out this ship will sink. Summer is coming up and the SP will go below 10 cents.
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