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Re: tradeguru15 post# 7581

Sunday, 02/07/2016 12:11:06 AM

Sunday, February 07, 2016 12:11:06 AM

Post# of 10142
Bevo is big and growing but they are not yet profiable. I don't think they have the resources to undertake a new venture of selling machinery. Definitely they could benefit from the new technology in what they do now, but I can't believe they plan to change their focus at this stage. I hope I'm wrong. Take a look at their website and their current financials. Based upon those financials I don't imagine they are making a very large initial payment. If they had big funds they could have bought Urban Barns outright. I would bet they are paying about $300,000 and that there won't be any royalties.