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$GCGX = NASDAQ in one to two years...
Look, this LOI is no thing to be worrying about. The big thing was licensing and permits and we are fully licensed now, woohoo! Besides, there are more orders coming in daily and plenty of demand. In fact, that's why we purchased and installed another 25L per day extractor. And, I expect we will soon purchase another large oil extractor because we are just about the only supplier in the area. Then also, soon we will be adding our CBD revenue stream. I really think we're going to need a bigger building... Really, it's time to quit worrying and have some fun. Is it Monday yet? Go $GCGX...
To be honest with you, if you haven't had big failures in the OTC world then you haven't been here very long... I've had more than my fair share but this one is going to be a big winner... $GCGX...
Well then, you've put in your time just like I have and now you definitely know what you own and, it's time, finally, to reap our rewards!
Most OTC stocks never go on to produce revenues, in fact, if Global produces a million bucks then we are one percenters! With that in mind, Global is about to start producing huge revenues, way more than a million bucks, even in this first quarter which is only partial.
However, Q2 will be a full quarter and that's when the real fireworks show begins. If we are not profitable within this first quarter then we certainly will be in the second quarter. How many OTC stocks can you say that about? Go $GCGX.
Global Consortium Inc., is coming together nicely and looking more and more like a contender in this new and fastest growing cannabis industry in the world. With that in mind, the NASDAQ plan is no longer just a pipe dream. In fact, once we turn on the oil spigot, it's inevitable. Bottom line, that means within 1 to 2 years we must get to a $4 PPS in order to uplist to the NASDAQ, woohoo!
All things considered, I might sell a few shares along the way but am holding the bulk of my shares until we uplist to the NASDAQ... $GCGX...
I'd say we break a penny on Monday, and then we break all time highs when they turn on the oil spigot and when they start buying shares back! This is all happening now, not weeks, not months, and not years from now...
Agreed Deanna, and we are in the right time, in the midst of a cannabis mega-trend, and the right place, California is the largest cannabis market in the world, to build a business such as this; we have a Cannabis Mall!
Go Matt, go Tom, go $GCGX...
Thanks.
Marked as well!
$GCGX...
Agreed, it's all about the numbers and the numbers look fantastic!
Gave you a follow.
$GCGX...
Are you kidding, Global is already projecting $20 million dollars by the second quarter, and that doesn't even come close to their capacity, so:
1-31-20 OS: 704,801,348
If Global buys back 100 mil shares =
604,801,348
Add 1 Extractor
Q1 is partial quarter but even if only:
Qtrly Rev: $5,000,000
Yearly: $20,000,000
Margin 50%: $10,000,000
Yearly EPS: $0.0165
Multiple: 24
5/15/20: $0.397
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0331
Multiple: 24
8/15/20: $0.79
$GCGX
Don't be so sure, I'm out here on the West Coast and I've never seen the Sanfagsico 69'ers play better; chewed up the Seahawks and the Packers too in the last couple games. In fact, chewed them up, spit them out, and left them both riddled with injuries! Go $$GCGX...
You are most welcome and welcome aboard! $GCGX...
Not just the Simpsons, but the Rugrats too; my kids grew up with the Rugrats and loved them. Then also King of Kings and don't forget Rick and Morty, a little off color for me but hey, it takes all kinds...
Martin Archer is an icon and I am estatic to have him on the team. Better yet, I hope that he bought the team and the company too! $LOFB...
Only the biggest reason why I am here now, huge!
https://moneymorning.com/2020/01/31/why-you-should-invest-in-cbd-oil-penny-stocks/
Folks, Global Consortium is a gem: admittedly still a diamond in the rough, but that's all about to change when the press releases and reports start coming out such as:
1. Now Manufacturing THC Oil.
2. Installed New 25L Oil Extractor.
3. Processing, Distribution, Testing.
4. Lake Tahoe MJ Distribution.
5. Nightfoods Half-Baked Edibles.
6. Audited Annual Report 4-1-20.
Now, the audited report will show that we have assets, earnings, legitimacy, and the opportunity to up-list to the OTC-QB. Going forward, once we've uplisted to the QB, the plan is to jump to the NASDAQ.
Global is building this company from the ground up, and despite what some are saying, the OTC was not just a good place but maybe the only place to build a pure cannabis manufacturing empire in the United States of America. After all, marijuana is still completely illegal at the Federal level and is still a big issue for the cannabis industry, especially for the big boards. So, one step at a time: first we audit and then we up-list to the OTCQB. Matt said in the conference call not long ago that once the audit is complete he would file the S1. And, as some of you know, when the S1 is filed, up-listing is imminent!
Then, it's only a matter of time, application, assets, volume, PPS, and market cap before we uplist to the NASDAQ. I had thought it was a legal issue too though Matt addressed this concern and my legal question in the last conference call by stating that they had created a Chinese Wall in order to maintain a hands-off approach so the company doesn't touch the plant itself. There has been much ballyhoo about all of this, you know what I mean, but I think it's a novel approach! Anyway, I'm glad this legal issue has been addressed because now it's full speed ahead!
I am so looking forward to the entire process. Over the next year or so I will be watching closely, our progress towards satisfying the NASDAQ listing requirements, and at the same time watching Congress pass bill after bill on the way to full legalization; just like in Canada only better. Better, in that all of Canada only has a small fraction of the cannabis market that we have in the United States. For instance, our California market alone is bigger than all of the Canadian market is!
Furthermore, CBD beverages and edibles have only just been legalized in Canada, October of 2019, and they are behind us, in that market at least, but only a little bit as legislation, the law, and the FDA have all made it very difficult in the USA, even for legalized hemp products.
That said, when it comes to legalization, we may have a divided government right now but, on this issue at least, there is bipartisan agreement and support. In fact, we are winning already, battle after battle, case after case, and this might just be the only thing our divided Congress gets done and get it done they will, I predict by 2020, this very year! In fact, congressman Blumenauer thought that 2019 would be the year the United States fully legalized according to his blueprint for legalization. Side note, Blumenauer and I work in the same Federal building in Portland Oregon and one day when we're in the hallway or maybe even in the bathroom I'm going to ask him about his blueprint for legalization. Anyway, legalization didn't happen in 2019, side tracked I guess with the impeachment and all that, but, I think it's quite possible that 2020 will be the year!
Things are moving so fast in the cannabis industry right now that it's official, we are truly witnessing a Cannabis Megatrend sweeping not just the nation but the whole world. I don't know how Global Consortium can keep up in this brand new and fastest growing industry in the world but they are. In fact, it's clear, to me at least, that they are not just keeping up but are one step ahead! For instance, since legalization in California in 2018 there were at least 40 applications in the Sacramento area for manufacturing facilities, not like our Cannabis Mall but they were manufacturing facilities none the less, and we are now only one of two successful applicants... The rest either gave up or filed for bankruptcy. And, we are just about finished with our initial build-out. In fact, we will be selling our purest and finest THC oil any day now, woohoo!
You know, it was stated in the year-end update that we would be at or near full production going into the new year! And, get this, last year we had letters of intent for THC oil worth in excess of $38 million dollars and most of those orders are still good; all we have to do is fill them. And this doesn't count all the new orders that have been coming in as we are ramping up our manufacturing towards full production in the coming weeks. Ladies and gentlemen, it's go time!
Although, in going forward it is anticipated that in order to keep up with the demand for THC oil, Global will need to purchase and install a new large 25L oil extractor. And, according to the end of year update, they are finished or about to finish, the build-out of a room for this new machine. Let that sink in for just a minute; we are starting the new year with additional capacity! Okay, now think about what an additional 25 liters of oil per day at $7,000 dollars per liter will do to our bottom line. This is on top of what we already have. Remember, it was stated back in October of 2018 that Indulge brought with them 3 oil extraction machines each capable of producing up to 5 liters per day, wow!
Folks, it looks like we now have or will have the capacity to fill all those back orders and all the new orders too that are coming in. Do you know how much money that is per quarter, per year: 40 liters per day = $25.2 mil per quarter, over $100 mil per year, and that's for just this one income stream alone: $100 mil per year in earnings is worth, who knows how much, at least $1.00 PPS...
Wow, we've been concentrating so much on THC oil that we might be missing the better part of this whole deal. As if this isn't good enough already, let's consider another income stream, potentially as lucrative as THC oil but likely even more so and it hasn't hardly even been talked about yet at all even though it is a big reason why we are where we are today!
Tom Roland, known as the MJ Ninja, anticipated the Health & Wellness phenomenon too, due in part to his effort in helping his sick mother, and he built Indulge Oils which, as you know, Global acquired. Then, skipping forward a bit, happening right now in fact, all the big box stores are carrying or will cary hemp products to include CBD oil: CVS, Walgreens, Walmart, Whole Foods, Kroger's, etc.! Add to this, the fact that California just passed a law allowing CBD into the food chain and that's the biggie that all the big box stores have been waiting for, oh my!
Ladies and gentlemen, it's time to start your engines because the gates have now been opened and we can expect demand for our purest CBD oil to shoot through the roof! I expect soon we will be manufacturing both THC oil and CBD oil too! I don't know how Tom anticipated this but it's clear that he saw it coming! One more thing on this subject, now we have CBG and CBN too on the horizon and gaining in popularity, woohoo! We're going to need a bigger building!
All Things Considered, not bad for a brand new company. In fact, explosive right out the gate and that's just for starters. We are off to the races and in a big way with projected first half of 2020 earnings to be $20 million dollars. But, hold on to your hats, I'm expecting the first quarter of 2020 to show somewhere between $5 and $15 million dollars just based on Indulge Oils' capacity alone but this is only a partial quarter, missing January. Now, the second quarter will be a full quarter and I am expecting anywhere up to their full capacity of approximately $27 million dollars of revenue!
Now, all things considered and the numbers we have been given already, I think that last year's projected $100 million dollars is possible in 2020! I like that, under promise and over perform. By the end of 2020, when all of our income streams come online, we could be looking at a prize worth hundreds of millions of dollars in both assets and income and we could be riding high on the OTC, pun intended, or better yet perhaps even the NASDAQ by then, woohoo!
Certainly by now you see my optimism and enthusiasm and why I am so looking forward to the rest of 2020, and just giddy to even think about what 2021 might bring for us. Everything in this post is based on publicly released PRs and tweets over the course of the last two years and it's plain to see, for those who are really looking, that we have an incredible opportunity here; like none I've ever seen, or at least been involved in before, it's not even close. No wonder private money was willing to pay $1 per share!
All things considered, Tom Roland might just be the MJ Ninja after all... And, to bring it all home, just as he was ready for all this that I've just laid out for you, so also he will be ready for the full legalization of marijuana; think Tilray and their incredible run up to full legalization of marijuana in Canada in 2018, where their stock ran to $300 PPS!!! . Just think about what a $3 PPS would do to your bottom line, let alone what a $300 PPS might do!!! Way to be on top of this Tom Roland! Go $GCGX...
This is as real as it gets. 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 if not on already... We received the Certificate of Occupancy in October and limited manufacturing began though in order to complete all the steps in the manufacturing process we needed venting. This is the final project before we are fully manufacturing and, the permit for that project was at hand two weeks ago. We were informed that they only had to calculate the fees, issue the permit, and just a couple days of work to install the vent piping and, voila, we are in business...
Ladies and gentlemen this is going to be better than the Beverly Hillbillies… WTI light crude oil sells $52 bucks a barrel. Now let's look at Global's capacity and potential. With the addition of the 4th extractor @ 25 L per day we will be up to:
5 + 5 + 5 + 25 = 40 L of THC oil per day.
THC oil sell for $7,000 per liter.
Now, there are 160 liters in a barrel of oil.
40 x 4 days = 1 barrel.
90 days per quarter/4 = 22.5 barrels per quarter.
160 X $7,000 = $1,120,000 dollars per barrel of THC oil…
22.5 barrels per quarter X $1,120,000 =
$25,200,000 dollars per quarter!!!
Go $GCGX...
Folks, according to the last PR, margins will be significantly better so let’s look at a 50% margin versus 25%. Then also, these numbers are based on a partial Q1. However, Q2 will be a full quarter and I expect explosive! $GCGX...
Qtrly Rev: $5,000,000
Yearly: $20,000,000
Margin 25%: $5,000,000
Yearly EPS: $0.0083
Multiple: 24
5/15/2020 PPS: $0.198
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 25%: $10,000,000
Yearly EPS: $0.0165
Multiple: 24
5/15/2020 PPS: $0.40
Qtrly Rev: $5,000,000
Yearly: $20,000,000
Margin 50%: $10,000,000
Yearly EPS: $0.0165
Multiple: 24
5/15/2020 PPS: $0.397
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0331
Multiple: 24
5/15/2020 PPS: $0.79
It actually was over $.02 last October. I was deer hunting at the time and watched the whole thing real time; was surprised to find reception in the woods overlooking lake Chelan! Then too, this time last year, while I was on government furlough biding my time with no money, $GCGX went all the way to $.0525 for no apparent reason at all. Well, here we are now with plenty of reasons for Global to hit all time highs, $.10 +, as everything is finally coming together and beautifully I might add. Go $GCGX...
You are absolutely right Cap: I was calculating a deal at 50% of 50% for a margin of say 25% and now, with this new agreement, we are at 80%, woohoo! This is a game changer my friend, just as you say, and then add to this the fact that Global is one of only a few companies now fully licensed in Sacramento to supply a demand for cannabis that is growing exponentially as the Cannabis mega-trend explodes across the state, the nation, and now the whole world!
For instance, Mexico will be legal any day now. And, can you imagine Trump being sandwiched between Canada and Mexico and watching all that revenue and those jobs going elsewhere! Considering, I predict the United States will legalize, at least at the Federal level, this year, 2020, then let the States decide... Go $GCGX...
Currently we have 3 machines @ 5 liters per day!
Counting just the new machine @ 25 liters per day and the one contract that we know we have for 25 liters per day for $7,000 per liter and it looks like the following:
Add Q1 = 1*25L machine
25*90*$7k = $15,750,000
Qtrly Rev: $15,750,000
Yearly: $63,000,000
Margin 50%: $31,500,000
Yearly EPS: $0.0521
Multiple: 24
PPS: $1.250
$GCGX...
1-30-20 OS: 704,801,348
Add 1 25 Liter Extractor
Qtrly Rev: $6,500,000
Yearly: $26,000,000
Margin 25%: $6,500,000
Yearly EPS: $0.0092
Multiple: 24
PPS: $0.221
If Global buys back 100,000,000 shares.
1-30-20 OS: 604,801,348
Qtrly Rev: $6,500,000
Yearly: $26,000,000
Margin 25%: $6,500,000
Yearly EPS: $0.0107
Multiple: 24
PPS: $0.258
Qtrly Rev: $13,000,000
Yearly: $52,000,000
Margin 50%: $26,000,000
Yearly EPS: $0.0430
Multiple: 24
PPS: $1.032
$GCGX...
And we just purchased and installed a new 25 liter per day Oil Extractor! $GCGX...
Game changer, licensed now to print money! Go $GCGX...
Agreed, the audit is essential in Global's plan to uplist, first OTCQB and then NASDAQ, and it will quiet the hounds! Only annual reports are audited so, it's now or never!!! $GCGX...
Spot on! $GCGX...
Game changer! Go $GCGX...
Spot on! $GCGX...
See the following for Global's CBD plans: keep in mind, the same numbers apply in our Cannabis Mall in Sacramento, just need to purchase the biomass and there is plenty of that in California:
If at first you don't succeed try and try again. I like the fact that we're going to get back on that horse because the hemp CBD oil numbers were pretty damn good! If you remember the 15-acre test planting we did was supposed to yield $4 million dollars, providing the plants were mature, loaded with CBD, and we extracted the oil ourselves!
So, If we plant just 150 acres this fall and yields the same at $4 million X 10 = $40 million dollars. Then, if Global keeps half of that it would be $20 million dollars. Even if they only keep a quarter, still, that's $10 million dollars!
Bottom line, and just speculating here, if we plant 1,500 acres next spring, like was planned in Colorado, that's $10 million X 10 = $100 million dollars, even if our margin is just 25%, and, $200 million dollars if we plant a second crop in the fall, woohoo! Go Matt, go Tom wherever you are, go $GCGX...
We are number eight on the breakout boards. I haven't sold a single share here, how about you. In fact, I have been buying, buying, and buying some more! Did you see the tweet today regarding: Global is building the CBD side of the business now just like I indicated over the weekend, and doing it without any toxic debt! Wow, that's like a one-two punch in the nayer's gut! $GCGX...
Well, you my friend are master of the obvious. $LOFB...
Well, you can say that you are right because, statistically, most all OTC stinky pinkies end in dismal or even abject failure. That said, I believe Global is winning and that the preponderance of the evidence is on my side. For instance, 40 some applicants failed and we are now one of only two companies that survived in this pursuit to manufacture and sell legal cannabis in the Sacramento area!
Global Consortium has seen their fair share of delays, setbacks, and failures but that's normal course of business, except, in a world where instant coffee is too slow. Is it any wonder in this world that so many people have decided Global Consortium is a scam? In reality though, building a new business is much like in war where the first casualty is the plan itself!
Without a doubt now, we will soon be selling, legally, THC and CBD oil, edibles and beverages, lotions and potions, so on and so forth, in the midst of a cannabis Megatrend and this is a rare opportunity indeed!
Mark my words, investors will be rewarded and in a big way. Paitence is key here still but Global Consortium has put in the time, effort, and money and is now on the verge of being able to sell legal cannabis any day now! When the oil spigot is turned on and we are selling millions of dollars in THC and CBD oil quarter after quarter investors will certainly be rewarded and I can't wait! Go $GCGX...
Well, It's a free country, call it a scam if you like. Although, when the audit is complete and soon enough Global starts to show quarter over quarter more assets, revenue, and money in the bank it will be impossible to make your case and then what will you say... $GCGX...
Well, I think it makes better sense, if we're moving our farming operations to Florida, to conserve a bit and move the equipment, that we bought and paid for, to Florida too! And there's nothing funny about it, it just makes good business sense, just makes sense... $GCGX...
Lessons learned and I'll bet they don't make that mistake again... Then also, Florida is a little more forgiving, when it comes to the seasons, than Colorado was! I was in Denver that year, early part of October, didn't even bring a coat, and nearly froze my ass off, because, when I got there it was about 22°. And, I was concerned, because our hemp harvest wasn't even complete yet!
I don't know about you but I'm excited at the opportunity legal hemp has provided. And, legislatively we are in much better shape than we were a year ago. Then too, Global is in better shape than a year ago. All in all, I think there is a better than 50-50 chance and I think we should take the shot here. Go $GCGX...
So you're saying that when you fail you should never get up and try again, oy vey!
$GCGX...
If at first you don't succeed try and try again. I like the fact that we're going to get back on that horse because the hemp CBD oil numbers were pretty damn good! If you remember the 15-acre test planting we did was supposed to yield $4 million dollars, providing the plants were mature, loaded with CBD, and we extracted the oil ourselves!
So, If we plant just 150 acres this fall and yields the same at $4 million X 10 = $40 million dollars. Then, if Global keeps half of that it would be $20 million dollars. Even if they only keep a quarter, still, that's $10 million dollars!
Bottom line, and just speculating here, if we plant 1,500 acres next spring, like was planned in Colorado, that's $10 million X 10 = $100 million dollars, even if our margin is just 25%, and, $200 million dollars if we plant a second crop in the fall, woohoo! Go Matt, go Tom wherever you are, go $GCGX...
Proof of the pudding is in the eating! FOLKS, the eating is about to begin: If people buy $20 million dollars of THC oil between now and the end of the second quarter as projected, wow, that's a lot of eating and a lot of proof! $GCGX...
Very wise indeed! $GCGX
Found out just last weekend and yes, I am confident that we will get our $LOFB shares. I don't know what the terms of the new agreement are or who actually bought the company but am very happy that Martin Archer is involved one way or another!
Furthermore, the fact that Martin was involved in the negotiations is even better! Just speculating again but am hoping that he is the one who bought the company! Anyway, we will find out soon enough who bought Leaf of Faith and who our new CEO is; by the Annual Report at least. Go $LOFB, go Martin!