CGrowth Capital Inc (CGRA)

[stervc]

CGRA Oil/Gas & Marijuana Operations

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

https://globenewswire.com/news-release/2015/07/28/755778/10143556/en/CGrowth-Capital-Inc-Announces-Preliminary-Net-Valuations-on-Dolomite-Reserve.html
SILVERDALE, Wash., July 28, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce preliminary results and net valuations on its magnesium dolomite reserve. Taking into account the physical characteristics of the site, water tables, and anticipated mining expenses, the immediate probable mineral reserve has been set at 63% of the initial survey reserve of 505m cubic yards – which calculates out at 420m tons of material – significantly exceeding initial expectations. The estimated economic benefit from the site, after accounting for royalty, reclamation, and loss, has been estimated at a net value of approximately $2.7 billion.

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Sterling