Monday, May 02, 2016 10:41:29 AM
pepeoil, with your CGRA price projection...
I'm not confident that CGRA will achieve ”your” share price projection by the end of June 2016 or ever, but I am confident that it could easily be somewhere in the area of .25+ per share by the end of June 2016 for the reasons posted below that have been ”officially” released by the company:
CGRA Marijuana License Approval for Stevens County and State of Washington
CGrowth Capital Receives Clearance for Cannabis Operations in Washington State
http://cgrowthcapital.com/cgrowth-capital-receives-clearance-for-cannabis-operations-in-washington-state/
** CGRA can now proceed with its plans to lease portions or all of its 47-acre site to company’s legally producing and/or processing cannabis and its byproducts in the state of Washington.
** The Company previously announced an initial lease to Wildfire Cannabis Company (“Wildfire”), a Tier 3 cannabis operation. Under its license, Wildfire is qualified to manage up to 30,000 square feet of plant production.
** CGRA has received a Determination of Non-Significance (“DNS”) from Stevens County regarding the Company’s application to allow its Eastern Washington industrial facility to transition from a mineral processing site to one that can grow and process cannabis.
** For more information about the SEPA determination, please visit the Stevens County Building Division website to download the determination: http://www.co.stevens.wa.us/landservices/building_division.php
Google Earth view of Industrial Property now transformed into Marijuana Grow and Processing Facility
(For a complete understanding, CGRA does not grow, process or sell marijuana. They lease their licensed facility to those who are licensed to do so.)
http://cgrowthcapital.com/real-estate/
Fact: CGRA has one hundred percent (100%) operational control over all production from its ”wholly owned subsidiary” Chewelah Properties:
http://www.cgrowthcapital.com/#!dolomite/c755
Fact: CGRA combined ”Net” Revenue Interests are 100% working interest in all operations and mineral leases:
http://www.cgrowthcapital.com/#!dolomite/c755
Fact: The 5-year Lease Agreement from its marijuana operational tenants in the state of Washington anticipates payments in excess of $2,000,000 annually, to include base rent, tenant improvements, common area maintenance charges, ancillary rentable areas, and administration fees:
http://finance.yahoo.com/news/cgrowth-capital-inc-executes-commercial-133000700.html
Fact: CGRA has its Chewelah Properties listed within the Washington State Government database under the Washington State Liquor and Cannabis Board website being leased by the following companies; WILDFIRE CANNABIS COMPANY, RANDOLPH AND MORTIMER, and WONDER WEST GROUP:
(Click on the section titled “Marijuana License Applicants” then click on the spreadsheet that pops up to view.)
http://www.liq.wa.gov/records/frequently-requested-lists
Fact: Confirmation that from the Washington state tax website proving that CGRA owns the land which consists of three tax parcels reference from the Chewelah Properties:
http://propertysearch.trueautomation.com/PropertyAccess/Property.aspx?cid=0&year=2014&prop_id=47404
Fact: CGRA Authorized Shares (AS) amount is 500,000,000 Shares
Fact: CGRA Outstanding Shares (OS) amount is 391,597,994 Shares
Fact: CGRA Restricted Shares amount is 132,534,002 Shares
Fact: CGRA Float Shares amount is 259,063,992 Shares
(The numbers above are per the CGRA Transfer Agent (TA) Pacific Stock Transfer
800-785-7782.)
Stevens County Building Division website to download the approval:
http://www.co.stevens.wa.us/landservices/building_division.php
Here's part of Page 1 of 6:
http://www.co.stevens.wa.us/landservices/documents/DNSDecisionChewelahProp.pdf
Fair Speculation: If the Lease Agreement that CGRA has with Wildfire Cannabis Company is expected to generate over $2 Million per year, then it is ”fair speculation” to presume that the total of now ”three” companies now having Leasing Agreements with CGRA will generate over $6 Million per year.
Fair Speculation: I think it’s also fair to presume that since each company will be taking on all of the risk, all of the expenses, and of the debt, and etc. towards the maturation of any and all of those marijuana operations, the over $6 Million generated to be given to CGRA as a lease payment, should be considered as ”Net Income” for CGRA. Even as a worse cast scenario, half would be ”Net Income” for CGRA in my opinion.
Now let’s derive a ”potential” valuation by deriving an Earnings Per Share (EPS) to multiply by a Price to Earnings (P/E) Ratio from the variables that we know to exist from the info above.
Net Income ÷ OS = EPS
EPS X P/E Ratio = Share Price Valuation
Key Variables to Derive a Fundamental Valuation
** Net Income = $6,000,000
** OS = 391,597,994 Shares
** P/E Ratio for Marijuana Industry = 20.00 (Presumably)
$6,000,000 ÷ 391,597,994 Shares (OS) = .0153 EPS
.0153 EPS x 20 P/E Ratio = .306 Per Share Price Valuation
In my opinion, this means that with the now approved Marijuana License, this signifies a new beginning for CGRA which should very easily lead the company in the direction to obtain the level I have indicated above. Just in case I forgot any key variables that are unknown for whatever the reason or even if I am only half right with the thoughts above regarding the $6 million in Net Income, CGRA should easily have a fair value at .15+ per share. Also, if any of the variables above should change, just use the ”Substitution Property” as the fundamental formula for assessing a valuation would still apply.
CGrowth Capital Announces Two Additional Tier 3 Cannabis Tenants at Washington State Facility
http://cgrowthcapital.com/cgrowth-capital-announces-two-additional-tier-3-cannabis-tenants-at-washington-state-facility/
CGRA vs CGRW Comparison
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121470903
(Use the Substitution Property to replace key variables that might have changed.)
CGrowth Capital Releases Financial Overview on Annual Report
http://cgrowthcapital.com/cgrowth-capital-releases-financial-overview-on-annual-report/
http://finance.yahoo.com/news/cgrowth-capital-releases-corporate-april-141400066.html
** 61 barrels of oil in its first 18 hours of operation.
** Project is a 3,400-acre oil and gas project in Wyoming.
** $250,000,000 Proven and Probable Oils Reserves.
** £15,000,000.00 British Pounds Sterling ($21M+ USD) to fund operational growth.
** Beginning to bring online an initial series of 12 wells.
** Another 12 wells being evaluated for workover and production.
** Total of 24 wells in the short term.
** This project is located directly adjacent to Anadarko’s EOR Project in the Salt Creek Field, Wyoming.
** Salt Creek Field is Wyoming's largest oil field.
** Anadarko property that is directly adjacent to CGRA’s property has over 2 billion barrels of original oil in place, with only a portion of that recovered to-date.
http://www.cgrowthcapitalbond.com/files/3414/4778/4745/Powder_River_Resources_Inc_-_Business_Plan_and_Detail_Aug_2015_Update.pdf
CGRA wholly owned subsidiary CGrowth Capital Bond, Ltd. has received initial subscriptions of its £15,000,000.00 British Pounds Sterling (“GBP”) bond offering in the amount of £7,300,000.00 GBP
http://cgrowthcapital.com/cgrowth-capital-provides-update-and-confirms-funding-on-corporate-bond/
http://www.cgrowthcapitalbond.com/
CGRA Preliminary $2.7 Net Valuations on Dolomite Reserve
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
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