PhytoTech Medical Limited (ASX:PYL) PYL-MMJ Investor Presentation

[OZ Stoners]

Perth, Australia, April 20, 2015 - (ABN Newswire) - PhytoTech Medical Limited (ASX:PYL) (the "Company") advises that it has released an updated investor presentation on the proposed merger with ...

 

View the full article

[MalYoung1]

what u said about that?

[kloud9]

Buy up now! This is the Israel research in oz market

[pedro de pacas]

Its .95 cents, it was 70 c + , lost millions of $$$$$$ 

 

Great investment, if you bought the low .062 cents ????? and sold at 9.5

[kloud9]

To true , still a long term investment u reckon though? Edited September 15, 2020 by kloud9

[brick]

what u said about that?

MMJ divested phyotec years ago and are now a LIC (listed investment company) MMJ only buys and sells shares in cannabis companies and help small start up companies.

 

MMJ owns a portfolio of minority investments and seeks investments across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment, and retail.

The Company has a proven track record in acquiring and realising significant value from its cannabis and hemp related investments.

One of the Board’s key aims is for the share price to trade at a premium to Net Asset Value given the potential returns from portfolio companies which include investments in private cannabis and hemp businesses which are on a short path to public listing or sale of the business.

Learn more

[brick]

PYL is not listed on the ASX anymore.

[pedro de pacas]

MMJ lost $40 million last year, they are currently valued at $21 mill, you should maybe read the preliminary final report ??

 

I wouldn't touch it with your $$ brick, let alone me own

[pedro de pacas]

They also had a failed capital raising, and are down to there last $500k

[brick]

They also had a failed capital raising, and are down to there last $500k

Don't know where your figures come from.

Current Position   2018 2019 2020 Cash Assets 1,347 26,392 1,042 Receivables 110 63 54 Inventory 0 0 0 Others 63,091 69,093 41,245 Total Current Assets 64,548 95,548 42,341   Accounts Payable 390 195 163 Debt Due 0 0 0 Others 0 6,240 0 Current Liabilities 390 6,435 163

 

Debt $163,000 Cash assets $1,04200 Total current assets $42,3410

Edited September 16, 2020 by brick