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Exactly, Chinese Wall, not a scam... $GCGX...
Don't look now, we're moving up the breakout board again, people are talking! $GCGX...
So it's clear then, you do not deny my numbers, however, you are still trying to make the case that there is no agreement between Tom's private company, Global Consortium Group and Global Consortium Inc., $GCGX, even though we've all seen the agreement...
The fact is, it's been announced that the revenue sharing agreement will give $GCGX investors 80% of the revenues earned by Global Consortium Group yet you still contend that $GCGX investors have been duped and will never receive a dime. I don't get it, you're not making your case. Unlike what you've said, 98% of the investors "do" understand the revenue sharing agreement and they understand also the Chinese Wall...
On the other hand, it's obvious that you don't understand the Chinese Wall or how it keeps $GCGX legal, how this way we don't touch the marijuana plant, how instead Global Consortium Group touches the plant and how now we are cleared for uplisting and take off too... I've said it before and will say it again, this is a novel approach, it's bold, and it keeps our NASDAQ dream alive! Go Tom, go Matt!
Global Consortium is as real as it gets and this is what I expect in 2020: First things first: permits, build-out, licensing and then revenue: We are fully licensed now and literally only a couple days away from turning on the oil spigot...
We received the Certificate of Occupancy in October and began limited manufacturing, although, in order to complete the 2 last steps in the manufacturing process we need venting. Fast forward a couple months and, in fact, the permit for that vent project was issued last Friday. This is the final project before we are fully manufacturing. Now, just a couple days of work to install the vent piping, might have been completed over the weekend, final inspection this week, and voila, we are in business...
Folks, this is going to be better than the Beverly Hillbillies, seriously… WTI light crude, Black Gold that is, sells for $52 bucks a barrel. Global's finest and purest THC Oil sells for $1,120,000 dollars per barrel, wow!
So, how much capacity and potential does Global have? For starters, we're adding a 4th extractor @ 25 L per day in order to keep up with the demand and that ups our capacity to:
5+5+5+25 = 40L of THC oil per day.
Now, THC oil sell for $7,000 per liter.
There are 160L in a barrel of oil.
1 barrel = 40L x 4 days.
90 days per quarter ÷ 4 days =
22.5 barrels per quarter.
160L X $7,000 = $1,120,000 dollars per barrel of THC oil.
22.5 X $1,120,000 =
$25,200,000 dollars per quarter!!!
$100 million + per year.
Add another $100 million potentially when we start manufacturing and selling CBD Oil, oh my!
Now, I recognize my enthusiasm, no apology, so, cut my estimate in half if you want and see the following:
1-31-20 OS: 704,801,348
If Global buys back up to 150 mil shares =
New OS: 600,000,000
Qtrly Rev: $25,000,000
Yearly: $100,000,000
Margin 50%: $50,000,000
Yearly EPS: $0.0833
Multiple: 24
PPS: $2.00
PPS: $4.00 if you don't cut my estimate by half and, imagine that, we are qualified for the NASDAQ, woohoo! Better by far than the Beverly Hillbillies.
Go $GCGX...
It's going to be a great year all the way around! GO $GCGX...
Well, what did you expect: 2019 was a year of delays and disappointments. California was harder on the legal cannabis market than they were on the illegal market. Infused even decided to go their own way; we really did run the gauntlet. In fact, out of 42 some odd cannabis manufacturing applicants, Global is only one of two that survived but, we did it, and we are now fully licensed!
With all that behind us, 2020 is going to be an entirely different kind of year, one with great promise and great expectations! In fact, we received the permit on Friday and are in process of completing the last project that will pave the way to sell THC oil at $7,000 per liter, woohoo!
Not so fast though, there are two remaining steps in the manufacturing process that can't be done until after final inspection of the venting project but, Ladies and gentlemen, it's time to start your engines because it looks like final inspection is happening this week!
And, get this, we have been partially manufacturing oil, legally, since October and by now we have tens if not hundreds of liters of slurry just waiting for final processing. Hell, I counted at least 15 liters sitting already on the counter tops in the pictures they posted on Twitter nearly 3 months ago and it only takes 143 liters of THC oil to yield $1 million dollars...
Folks, that's what we have to look forward to this year and what we might expect when we start selling Global's finest and purest THC oil in just a couple more weeks! And this is just one income stream; can't wait till they bring CBD production online too! Go $GCGX...
Stay tuned, ran gauntlet, fully licensed, revenues Q1... $GCGX...
Nice Bull Flag we got going here! $GCGX...
You're right, it's just flippers still. However, it's ludicrous to sell at this price and hope to buy back lower. That said, I think it's just that they've been doing this for so long now that they can't help themselves, even in the face of a breakout on real earnings, real huge earnings! Flipper shares are being bought by the longs and are in strong hands now, float is just about locked now! Go $GCGX...
If they are getting the permit now, as we speak, I suspect they will install and finish the vent project this weekend with the inspection to follow early next week and, voila, we are in business! Then, 2 weeks of processing and we are finally selling our finest and purest THC oil! Bottom line, before the end of this month sales begin, the share buyback begins, and it's launch time, woohoo! Go $GCGX...
I agree, and when Global turns on the oil spigot this quarter we will almost immediately be profitable and debt free. Can you imagine, debt free and profitable by Q2, in the fastest growing industry in the world; wow, and there will be no stopping this cannabis freight train!
The company says we will earn upwards of $20,000,000 dollars in the first half of 2020 and I'll bet double that in the second half of 2020 based on Global's capacity, the demand, and there just aren't that many suppliers out there besides Global! 2020 is our year and I can't wait till 2021 when we are riding high on the NASDAQ! $GCGX...
Potential business carnage coming for California marijuana industry, but stability might emerge after that.
"The upshot is that well-heeled investors can gain footholds in the world’s largest marijuana market."
Good read: we're not just surviving, we're thriving in this cannabis mega-trend!
$GCGX...
https://mjbizdaily.com/potential-business-carnage-coming-for-california-marijuana-industry-but-stability-might-emerge-after-that-experts-say/ ;
Agreed.
On more thing, keep in mind that the company has to be above $0.01 to uplist to the OTCQB! Therefore, copper is a no brainier, silver is baked in, and paper is absolutely necessary if we are to uplist to the NASDAQ which is our stated goal! Go $GCGX...
My hope is that they work the weekend and finish this vent project, with the inspection to follow early next week and voila we are in business! Then, 2 weeks of processing and we are finally selling THC oil, woohoo! Bottom line, the week of February 24th is time we get paid, time for the buyback to begin, and past time we launch this ship... Go $GCGX...
You are right, the City of Sacramento is clearly showcasing Global's cannabis mall as the right way to do a cannabis manufacturing business... $GCGX.
Well, we received the certificate of occupancy, CO, way back in October and we have been partially manufacturing slurry every since with the three smaller machines at least each with capacity of 5 liters. Who knows how many liters of slurry we have ready and just waiting to finish; could be a substantial amount!
Now, when the vent project is completed in just a couple days then there are 2 more processing steps in order to finish the slurry. Bottom line, I'm thinking we will be selling THC oil like crazy 2 weeks from Monday. Go $GCGX.
So then, they have to buy back a few more shares to get to roughly $600 million.
Hell, it would be really nice if they spent a couple million bucks and bought $200 million shares off the market, woohoo!
$GCGX
$GCGX...
Manufacturing at full capacity:
Q2 POTENTIALLY =
Extractors: 5+5+5+25=40*7,000
Tahoe Distribution = $1,000,000
Edibles = $1,000,000
OS: 604,801,348
Qtrly Rev: $27,000,000
Yearly: $108,000,000
Margin 50%: $54,000,000
Yearly EPS: $0.0893
Multiple: 24
PPS: $2.143
$GCGX...
OS: 604,801,348
Add 1 Extractor
Qtrly Rev: $4,030,000
Yearly: $16,120,000
Margin 50%: $8,060,000
Yearly EPS: $0.0133
Multiple: 24
PPS: $0.320
OS: 604,801,348
Add 1 Extractor
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0331
Multiple: 24
PPS: $0.794
OS: 704,801,348
Add 1 Extractor
Qtrly Rev: $4,030,000
Yearly: $16,120,000
Margin 50%: $8,060,000
Yearly EPS: $0.0114
Multiple: 24
PPS: $0.274
OS: 704,801,348
Add 1 Extractor
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0284
Multiple: 24
PPS: $0.681
It certainly would make a huge impact if the company bought back a hundred million shares and that's what I'm hoping they do at least. $GCGX...
Flipper shares are all getting bought out and are now held by us longs and a bunch of whales!
You must have blue balls if you're golfing this time of the year. Enjoy your game!
I'll take a stab at your share buyback question and let me be optimistic here:
40 = liters per day
1 = day
7000 = dollars per liter
280,000 = dollars per day
4 = days
1,120,000 = buyback dollars
.01 = PPS
112,000,000 = shares bought back
Go $GCGX...
You're right, the company said it would only take a couple days to install the vent pipe.
All it takes is one and this is it!!! $GCGX...
Let me clarify, that's a good thing for us, probably not for you though. $GCGX is a diamond in the rough and I wouldn't want to be caught without shares...
And that's a good thing!
Why are you focused on $0.003, when just a couple months ago Global was trading at $0.023? You might be stepping over silver here in your effort to save a few bucks.
Any minute now I'm expecting a press release announcing that the permit is issued and we are finally in business: manufacturing and selling THC oil at $7,000 per liter up to 40 l per day. In just a couple days from now the vent project will be complete and then it will take a couple weeks to finish the last two processing steps and, voila, we're selling oil. This isn't happening months from now and definitely not years from now, it's all happening right now...
Furthermore, a percentage of the sales will immediately go towards the share buyback program, woohoo! Go $GCGX...
To the board, there are those who continually attack the Chinese Wall. However, understand this, the Chinese Wall was created out of necessity and is absolutely essential to the success of this company... Federal law states that, in order to uplist to the NASDAQ, we can't touch the marijuana plant...
Bottom line, we have created the Chinese Wall so we don't touch the plant... Global Consortium Group instead touches the plant and manufactures our THC oil... Then, according to our service agreement with Global Consortium Group, we, Global Consortium Inc., collect 80% of the revenue. Thus and therefore our plan to uplist to the NASDAQ is intact because we don't touch the plant... It's not that complicated... Go $GCGX...
There are those who want Global investors to think that the Chinese Wall is somehow sleazy, created in a way to scam and take advantage of the good people. Well, couldn't be further from the truth, because, can't touch the marijuana plant if you want to uplist on a major exchange, the NASDAQ. The Chinese Wall is necessary and was created to advantage the company and enable uplisting to the NASDAQ... Plain and simple!!!
LOL: Go $GCGX...
Two words, "Chinese Wall." It's the Chinese Wall that separates the company from the marijuana plant, and, without this plan, Global would not qualify for the NASDAQ...
Though there is much ballyhoo regarding this matter, you know what I mean, Global has been completely transparent. And, to those who understand the cannabis world we live in today, where cannabis is still completely illegal at the Federal level, they know that this approach is both novel and absolutely necessary! Furthermore, all who are honestly and genuinely seeking the truth in this matter will completely and absolutely understand!!! Go $GCGX...
Well, last year we were delayed, this year we are fully licensed! Last year we didn't have 25 million dollars in backorders, this year we do! Last year we didn't have our manufacturing suite built out, this year we do! Last year we didn't have the high volume 25 l extractor, this year we do! What do you expect, success this year!!! Go $GCGX...
Okay then, how many of those so called top-tier companies you are talking about have the potential to make up to $25 million dollars in Q2 of 2020??? Crickets, thought so... Go $GCGX.
Woohoo, it's been approved, issuance is next, probably sent by snail mail yesterday.
Call the police, call the SEC, dilution dilution, dilution! Instead, why don't you just call the TA...
$GCGX
Folks, Global's Goal - NASDAQ in less than 2 years = $4 PPS!
$GCGX...
Share buyback reported in the End of the Year Update. % of revenues will go towards buyback of shares. And, with the announcement this morning regarding the vent permit, revenues are coming any day now. Wow, that's like a two-fer! $GCGX.
https://www.otcmarkets.com/stock/GCGX/news/Global-Consortium-Inc-Year-End-Update?id=250042
"Share Purchase plan:
A portion of the revenue earned by the licensed cannabis company will be used to acquire GCGX Common shares in the open market. This action should help increase the value of the remaining GCGX Common stock and allow more of the money generated by the licensed cannabis company to directly benefit the shareholders of GCGX."
The end of the year update reported that a % of the revenues, coming any day now with the permit, would go towards buyback of shares! $GCGX.
https://www.otcmarkets.com/stock/GCGX/news/Global-Consortium-Inc-Year-End-Update?id=250042
"Share Purchase plan:
A portion of the revenue earned by the licensed cannabis company will be used to acquire GCGX Common shares in the open market. This action should help increase the value of the remaining GCGX Common stock and allow more of the money generated by the licensed cannabis company to directly benefit the shareholders of GCGX."