Any thoughts?

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Hello,

Any thoughts on this Vancouver based company stock as a growth investment, tick symbol BEV?

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Asked on March 18, 2021 10:58 am
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Hi there.

Seems to be some promise in the company, but I don't think in this environment chasing after company's with 0 revenue is the way to go. This is an area where a LOT of investors are getting burnt with the growth sell off.

The company's balance sheet is quite poor, showing $2 million in accounts payable with the company holding only $50,000 in cash. So, likely you see a share offering or debt offering.

In this inflationary environment, especially with the US increasing inflation expectations by 33% over the next year, I think it's wise to seek out companies that generate cash, not burn through it.

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Posted by Dan Kent
Answered on March 18, 2021 2:01 pm