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Re: MaterialMind post# 1199

Sunday, 01/24/2016 3:28:29 AM

Sunday, January 24, 2016 3:28:29 AM

Post# of 9554
No, I don't have it. And I can't find it on the web. The important stuff is in that post though.

Revenues will drop to $200M+ with the new assets. They get very high margins on those. So I'm not sure that revenues will help us much. But an acquisition or a large purchase order should help of course. And if it ain't going to be Angel Star, then it will be something else wink We'll cover the hemp stuff next week smile

As for how much they sold in 2014 or 2015, I don't know since they don't consolidate the assets or revenues. They will once they acquire > 50% stake IMO. So all you will find now is what they book as "other income". But that also includes the hemp stuff etc. Should keep an eye on the difference between 2014 and 2015 although I don't expect impressive growth at this stage. Nevertheless, that is one of the interesting things to watch, as is the cash position by year end.