ash111 Member Level Monday, 08/28/17 08:00:41 AM Re: 206_trader post# 12413 Post # 12414 of 12547 Go SIGO DD: PV current $23,918,974, PV (post expansion plan)= $165,258,368:
"The Company’s goal is to become one of the largest cultivation entities in California with the ultimate objective of becoming an acquisition target." 8K August 18th.
Neither of the officers in the company take a salary! The company recently announced a dividend for all shareholders which will be paid monthly and officer compensation will be through this dividend only.
On July sec filing company Claimed A/S will be reduced by 80%- Done after 3 weeks, company forecasted revenues, done after a few weeks too( $140k revenues in the first week of August ), received highest level of Certification, in a good standing w/Colorado SOS, otcqb. Hard to find Management that does care about its shareholders, updates almost daily and promises to move step by step w/ shareholders.
4.3m O/S at current price is only $5m market cap for a company that already did $140k per week. Most weed stocks don't even have sales yet. SEC FILING: Q1. How much revenue has the company generated from the initial harvest?
A1. From August 1, 2017 through August 7, 2017, the Company generated approximately $140,400 from 117 pounds harvested.
Revenues estimations [Suppressed Image]
PV current (4%, 20, 17600000)= $23,918,974, PV (4%, 20, 12160000, post expansion plan)= $165,258,368 or $5.4/share, $23.61/share respectively .that's a big board company in 2018.
Also important to note that SIGO has no Warrants, no Options, no Convertibles like most biotech companies or other Mj/Week Companies. a debt-free a/ o today too.
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