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It's not over till the fat lady sings... Buzzy hasn't screwed anybody over... This deal is still in the works, alive and well. What do you have to lose or gain in all this? We just want our shares and we just want this company to have a fighting chance to succeed. There are no guarantees but there is a chance that this company will succeed and in this industry it could be big and, that's why we're all here... $LOFB
For all you shareholders that genuinely want to know and need to know details about your stock, well, here's what I know and am happy to share:
Medi Mike walked away, I don't know why or exactly what that means. I know also that negotiations are now finished and I hear we that we have a new CEO, woohoo! Or wow, that was a bombshell! I don't know the details, but, I've been told that it's actually good!
Now comes my speculation: I've been trying to put the pieces together just like you. So, here goes, I know that Mike was working with Martin Archer to create a cartoon, and that they planned to take characters from the cartoon and put them on bottles of Patience CBD. I know also that their plan was to eventually take Patience CBD Nationwide! It was a great plan, I always loved it, and I think it's still a viable plan. Again, I don't know the details though Buzzy said that the deal negotiated is good and, get this, Martin Archer is involved!
Finally, Buzzy emphasized this is not his deal and he doesn't know, or could not say, who owns $LOFB now or who our new CEO is. This I do know for certain though, that Medi Mike is out... Folks, that's all I know except, I'm quite certain also that there will be an announcement forthcoming. Much better to announce publically then to flesh all this out in the upcoming Annual Report. Go Buzzy!
Mike is not in charge anymore and probably for the better. Shows also you don't know your xxxx from a hole in the ground as my dad used to say...
The Chinese wall was created in order to insure a hands off approach, the company can't touch the marijuana plant if we are to uplist to the NASDAQ and the service agreement is where $GCGX makes the money... Watch and see.
When the Global starts buying your shares back, then we will see who gets the last laugh. $GCGX.
Absolutely we will see $0.06... In fact, with big revenues on the way and uplisting this summer to the OTCQB, I expect to see paper sometime in 2020. Go $GCGX...
Manufacturing started in October when they issued the Certificate of Occupancy. However, the vent permit has delayed them from completing the last two steps of process. Now, the vent permit was issued last week, construction no more than a day or two, and then production resumes!
In the End of Year update it was stated that Global would start the new year at or near full production though, as you know, the start has been delayed by at least two weeks now. The company also said they would ramp up production through the second quarter before leveling off. So, we know that Q1 will be a partial quarter so I'm expecting Q1 revenues to come in at somewhere between 5 and 15 million dollars. Q2 should be at or near full production and if producing at capacity, well, that's nearly $30 million dollars in revenue, woohoo!
Now, these numbers are based on the companies capacity but demand is key here too. However, with $38 million in backorders it seems there is plenty of demand. So, if the capacity is there then it's only a matter of efficiency and figuring it out, right, which may take a quarter or two to ramp up. Finally, the oil spigot will be turned on any day now, possibly today, and in just a couple short weeks we will be selling oil and no stopping this train then. Go $GCGX.
Folks, $GCGX is building, this very quarter, the capacity to generate up to $30,000,000 in revenues. Currently we have 3 extractors:
3 @ 5 = 15 Liters per day
90 days per quarter
= 15 * 90 * $8K per L = $10,800,000
Q1 - Add one new extractor @ 25L
25*90*$8k = $18,000,000.
Add Tahoe Distrib @ $50k wk = $600k.
Add Half-Baked Edibles = $600,000.
Q1 2020 potentially = $30,000,000
Certainly by Q2 of 2020 Capacity:
Indulge: $10,800,000
Indulge: $18,000,000
Edibles: $600,000
Tahoe: $600,000
Q2 = $30,000,000
Going forward, if we are manufacturing THC oil then our capacity equals the ability to produce. Production equals sales and sales ultimately equals PPS. So, if Global produces:
Qtrly Rev: $3,000,000
Yearly: $12,000,000
Margin 25%: $3,000,000
Yearly EPS: $0.0043
Multiple: 24
5/15/20 PPS: $0.102
Qtrly Rev: $6,000,000
Yearly: $24,000,000
Margin 25%: $6,000,000
Yearly EPS: $0.0085
Multiple: 24
5/15/20 PPS: $0.20
Qtrly Rev: $12,000,000
Yearly: $48,000,000
Margin 25%: $12,000,000
Yearly EPS: $0.0170
Multiple: 24
8/15/20 PPS: $0.41
Qtrly Rev: $20,000,000
Yearly: $80,000,000
Margin 25%: $20,000,000
Yearly EPS: $0.0284
Multiple: 24
8/15/20 PPS: $0.68
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0426
Multiple: 24
8/15/20 PPS: $1.02
Don't look now but we're still on the breakout board! $GCGX!
Agree, and that's why the whales are here and for good reason! With the issuance of the vent permit last week everything is in place now and Global will finally turn on the oil spigot with sales to follow within just a couple weeks!
Folks, this is going to be better than the Beverly Hillbillies, way better! For instance, what's a barrel of oil, Black Gold, selling for these days; well, Sweet Texas Crude (WTI) sells for about $63 a barrel. Now let's give this a little THC perspective: 1 liter of THC oil sells for $8,000 and there are 159 liters in a barrel of oil. Now, that's $1,273,000 dollars per barrel compared to $63 dollars... Oh my, is there any wonder why the whales are here!!! Bottom line, the whales are here to finish what they started, it's time to launch this ship, and the sky is the limit!!! Go $GCGX...
Let the chips fall where they may... I'm not playing any games here! $GCGX...
Number 19 on the breakout boards!
Folks, we're lighting up the breakout board again this weekend and is it any wonder why with updates promised!!! $GCGX...
YES, Pure cannabis play, unique, one-of-a-kind... Look out NASDAQ here we come! $GCGX...
That's absolute BS... Name one cannabis company on any major exchange in the US who is like Global. Crickets, thought so, no, Global is unique and as I said, this is a novel approach. All those companies you are talking about only deal in the periphery, who make and provide for the Cannabis industry, such as grow lights, fertilizer, medicle supplies, etc., etc., and there are plenty of opportunities like those companies but none like Global. Our NASDAQ goals may be lofty but a prize worth pursuing... $GCGX...
The following is a re-post, rewritten to read a little better and with better numbers to reflect Global's stated manufacturing capacity.
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 $8,000 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 = $28.8 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 hole 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 to help 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 only because it will be a partial quarter. Now, the second quarter will be a full quarter and am expecting anywhere up to their capacity of $30 million dollars of revenue!
In fact, considering the numbers we have been given already, I think now 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...
http://www.loopnet.com/Listing/8671-Elder-Creek-Rd-Sacramento-CA/12095524/
Not bad for $10 million bucks. We will be manufacturing and selling THC oil starting this quarter, likely by the end of the month, and Global is confident enough to state that we will own this building by the end of the second quarter of 2020. See the following from our 2019 third-quarter report: $GCGX...
Building in Northern California:
Global Consortium, Inc. executed a 5-year lease with an option to purchase 25,000 square feet in Sacramento, CA. The purchase option will be exercised during the summer of 2020 allowing enough time for multiple parts of the building to become operating. Global is confident a First Right of Refusal will be obtained for the remaining 39,000 square feet during the first quarter of 2020. Global will sublease space through a management company to the cannabis operators.
The Q1 report will show partial revenues and is due 5-15-2020. With sales of our THC oil expected to begin now within a couple of weeks, let's say by February 1, then we will at least have revenues for two of the three months in Q1. Now, Q2 will be a full quarter of revenues, manufacturing and selling THC oil for all three months and is going to be very significant for our bottom line! $GCGX.
Global Consortium Inc., $GCGX, merger completed in Oct of 2018. Global's 2019 annual report will be audited and Global will be profitable in 1st quarter of 2020.
The following statement regarding the audit can be found in the 2019 3rd quarter report: $GCGX...
Audit
"Global Consortium had been working on an audit and ceased all further action when it needed to change accountants. With the rescission of Infused Edibles, the audit will be much easier to complete. Global will retain a new group before the year is out to assist with getting the financials set for an audit and act as our go between with auditors. We would expect the audit to be completed during the first quarter."
No, I didn't talk to Matt personally on this issue though it has been communicated many times that the audit is an integral part of the plan: Audit, Uplist to the OTCQB first, and then jump to the NASDAQ when we meet all the requirements.
Now, we missed the opportunity to audit last year because of all the delays but we are past that and now is the time. New tweet out this morning saying that the vent permit is ready, just calculating the fees, and when the fees are paid, work will start. I expect just one or two days of work and then, according to the last update, just two more steps in the processing and a couple weeks we will be selling oil. Can't hardly wait!
All things considered, we can't afford to miss the audit window this year again. We have to audit as we will be selling THC oil in about two weeks. By the end of the second quarter we will have bought the building we are in. Then, by end of the year I expect we will be making enough money to qualify for uplisting to the NASDAQ!
Bottom line, there is no doubt that we will audit the 2019 annual report. That's even before we consider the fact that Matt said, after the departure of Infused, the audit will be much easier now. So, first things first, audit and then uplist to the OTCQB, likely completed before the end of the second quarter, and then there's a good chance we will be knocking on the door of the NASDAQ by the end of the year, whoohoo! 2020 is going to be a great year and 2021 even better. Go $GCGX...
I agree, audit now, and, this year I am absolutely certain that there will be nothing standing in the way of getting the audit done... Last year they hired a big muckety-muck attorney but he was just the wrong guy to deal with the OTC and the SEC. Secondly, the mom-and-pop attitude of Infused Edibles meant that they had not kept adequate records and there was just no way to audit. Much the same as if you were to purchase a shell company and then have to audit all the previous companies that were in that shell: impossible, in fact, there are so many companies out there just like that which are completely unauditable...
Bottom line, with Infused Edibles out, the audit is a slam dunk this year. The annual report is due April 1st and even if they file an extension, 15 days for annual reports, means this report will be audited and released no later than April 15th of 2020! Now, I can't wait for the oil to start flowing, any day now, but, StockRocket, we are in complete agreement, the audit is equally important! Go $GCGX...
Only annual reports are audited and, allowed 90 days to complete. Expecting the audited annual report on April 1st and expecting the S-1 to be filed shortly after...
Infused Edibles was nearly impossible to audit as there were no records. Now that Infused Edibles is out, the audit is in again, and uplisting is imminent! People thought losing Infused Edibles was bad, well, I'm here to tell you it was good. And, we got nearly 400 million shares back when the deal was cancelled! $GCGX...
Just flippers doing what flippers do but when the PR hits they will all jump back in, and in a big way because they know whats coming! Go $GCGX...
Yea, suppose you're right except that more than the average number of people are posting, and reading, and interested enough to tune in. One may not know why there is this renewed interest but if it is pushed all the way to #1 then it must be something you think. Go $GCGX...
Well, we're back up to about 13 on the breakout boards. Must be a lot of chatter out there, lot of interest. Expecting PR telling the world that we are now in full manufacturing mode producing THC oil and sales about to commence!!! $GCGX
Expand the suppressed image at the bottom of the post. Geryon was making an open and shut case, exposing the BS and the fact that it's not coming from the CEO of Global Consortium, BAM! Go $GCGX!
That is true, but it is true for everyone and in an apples to apples comparison, California is the largest market in the world. But, to your point, this is why legislation is so important. Very excited to see marijuana legalized at the Federal level and I believe it will happen soon and selling across state lines will become commonplace before you know it!
For instance, the Attorney General said in his confirmation hearings that congress has to do something about the disparity ain the law between the Federal government and the States: said also that this just can't continue and, the states are winning big time! In fact, with a few more States legalizing both medical and recreational we have just about reached a tipping point.
Then there is the fact that Canada is beating us in the Cannabis game to the tune of billions and billions of dollars in revenues collected. Municipalities are chomping at the bit and the Federal government is too. Bottom line, I just don't think Trump is going to stand by and let Canada and now Mexico too beat us in a cannabis game... Think about it, Trump is a businessman and all those jobs created and new revenues collected will help his economy big time!!! Go $GCGX...
Yep, anything below a penny is an absolute steel. For instance, in order to uplist to the otcqb the stock PPS has to be above a penny!
That said, the obvious reason why we are so undervalued is simply that this company has the licenses, the permits, and the first phase build-out for Indulge Oils is just about complete. When the oil spigot is turned on, possibly on already, then this company will be manufacturing and selling THC oil to the tune of millions and millions of dollars per quarter.
With that kind of money coming in, and with quarter-over-quarter growth, there will be no stopping Global Consortium... Finally, the sky is the limit here especially in this fastest growing industry in the world! $GCGX...
Me too, accumulating, accumulating, accumulating until I now have a substantial war chest with which to fight this war of words!
We are winning, Global is winning, turn on the THC oil spigot now and it's LAUNCHTIME! In fact, A PR next week might just be the spark that ignites the fuse; so close it's palpable! Go $GCGX...
Buddy, you need to turn that chart around; you're looking at it upside down.
Thanks Cap, I think we have a winner here despite the delays. 2020 is going to be a great year! Go $GCGX...
Yeah, right, okay, we'll see. Go $GCGX...
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 the reports start coming out such as:
1. Now manufacturing THC oil.
2. Installed new 25L oil extractor.
3. Processing, Distribution, and 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 on the big boards. So, one step at a time: first we audit and then we up-list to the OTC-QB. 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 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 even for legalized hemp products.
Now, 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. You know, he and I work in the same Federal building in Portland Oregon. Anyway, it 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 for manufacturing facilities such as our Cannabis Mall 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, any day now we will be selling our purest and finest THC oil, woohoo!
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 ramp up our manufacturing towards full production in the coming weeks. Ladies and gentlemen, it's go time!
Going forward now it is anticipated that in order to keep up with the demand for THC oil, Global we'll need to purchase and install a new large 25L oil extractor. According to the end of year update, in order to accommodate this new machine they are just finishing or have already finished, the build-out of a room for this new machine. Okay, 25 liters of oil per day; that's $8,000 dollars per liter. And keep in mind, this new capacity is on top of the capacity we already had. Back in October of 2018 it was stated 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 orders and all the back orders too that keep coming in. Do you know how much money that is per quarter, per year: 40 liters per day = $18 mil per quarter, $72 mil per year and that's for just this one income stream alone: $72 mil per year in earnings is worth who knows how much, potentially $1.50 PPS...
Right now we are concentrating on THC oil but after we have filled a few orders then we will switch gears and start filling vape pen cartridges which have a higher margin!
Then, as if all that isn't good enough already, let's consider another income stream, potentially as lucrative as the THC oil or even more and it hasn't been talked about much yet. Nevertheless, this 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 to help his sick mother, and he built Indulge Oils which, as you know, Global acquired. Then, skipping forward, 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., oh my! Add to this, California just passed last year a law allowing CBD into the food chain and that's the biggie that all the big box stores have been waiting for!
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. 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 on the horizon, woohoo! We might just 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. Considering the numbers we have been given already, I think that last year's projected $100 million dollars is possible now 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 both in assets and income and we could be riding high on the OTC, pun intended, or 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!!! Way to be on top of this Tom Roland! Go $GCGX...
Folks, we are number six on the breakout boards right now and if we each do our part this weekend, by Monday I expect we will be number one on the breakout boards. Now, people are going to pay attention including Matt whom I expect will likely drop a PR next week in the midst of all this, ignighting a flame which will be impossible to extinguish! Go Matt, go $GCGX!!!
At least this is moving us way up the breakout boards! Go Matt, go $GCGX...
USMC, I like your patients and I really like $GCGX, however, patience is not what they are lacking here. In fact I would say that these types have more patience than you and I put together. Practically all of them have been here since I have, over a year and a half now, and many of them must be putting in up to 80 hours a week or more on $GCGX, day in and day out, relentless, and their tune never changes; now that is patience but to what end???
Pray tell please.
$GCGX...
Spot on StockRocket, Global Consortium is as real as it gets and in a couple of weeks, when the sale of THC oil commences, this company will become very much alive, animated, and communicative as it implements it's plans to acquire and build-out the first and largest of it's kind Cannabis Mall in California, which just happens to also be in the largest Cannabis Market in the world!
Furthermore, it doesn't just stop here either, our CEO, Matt, has a plan to up-list to the NASDAQ which means that we need a $4 dollar PPS. And to that end, when Global turns on the oil spigot, we practically have the capacity already, right out the gate, to reach this goal! Of course this is all dependent upon demand though I figure there should be plenty of that in this cannabis mega-trend which we are witnessing all over the world! So, we just need to scale up a bit, acquire a couple more of the large extractors, and voila we are there, $4 dollars PPS!
Now, StockRocket, when it comes to trust, you are right on in that trust is everything... And, for all the reasons you mentioned, I trust this CEO though I understand why some may not. For instance, I was in Matt's other ticker before I realized that his focus was completely and solely on $GCGX. It became clear to me when he was forthcoming and answered my question in an email regarding any revenue sharing agreement. Know this, I shared that email with everybody and immediately moved into BDCI which became $GCGX.
Finally, the other ticker is not a failure and Matt is definitely not a liar, it's just that his focus is elsewhere. Fortunately for us his focus is right here where it should be, right here on $GCGX. Matt has just about everything riding on the success of Global Consortium and, based on the preponderance of the evidence, I am confident he will succeed! Rest assured that Matt will not change his focus, he will persevere in this very difficult cannabis market, and $GCGX will most certainly be trading successfully on the Nasdaq!!! Go Matt.