Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think everyone is throwing their money at CVS* right now.
Anybody else watching them… They're having an incredible run...
Thanks for sharing
Have you heard anything back about this weekends event?
I'm amazed by the run CV is having.. can't stop watching
I guess they didn't have a product launch this weekend...
I get what he's saying...The last reported qtr, march 2018, there wasn't much revenue.
I believe the company is doing all the right things. Revenues have just started coming in and will continue to increase every qtr. Sometimes these otc stocks go unnoticed even tho they're doing all the right things. You just have to be patient and at some point we'll run hard and go much higher than you think.
I held Players for almost 4 years and made 40x my money. I don't think this one will make that kind of move, but 10+ times my money isn't far fetched.
That's correct and they expect Tierra's new product line to generate 2.8 mil in sales per year at a 24% net profit margin.
Any idea what time and link for their prelaunch today?
I agree with your calculations.
Depending on the quality of the harvest the price can range from $425 to 1k per kilo. So there's a good chance revenues could be higher. The price will also varie depending on whether the harvest is sold to 1 buyer or to many.
I'm not sure if they've started growing outside yet or when they plan to, but at some point in the future they will.
I'm looking forward to see what products they launch tomorrow and Sunday.
They are currently using 20% of the Spain greenhouse and expect to produce 2k kilos of hemp valued at 850k -2 mil euros in the sept/oct harvest. When at full capacity the expect to produce 10k kilos per harvest and have 3 harvests per year. In addition to the indoor grow they have 2 mil sq ft of our door space that will yield 20k kilos at $45 per kilo. They are currently pre selling sept harvest with a 20% deposit required.
They also have a letter of intent to purchase 120k pound of raw USA hemp that will be extracted into oils valued at $13-17k per kilo. I don't know how much cbd oil 120k pounds of hemp will produce.
They've mentioned a few times that Irie cbd has a net profit margin of 13%
I have well over a million shares and I picked up another 20k today.
The next set of financials due is the 10K, which isn't due until the end of September. In conversations with Ray, he said they are going to try and release the 10-K early, possibly in August.
Great acquisition today, any idea how much they paid for it?
I talked to Ray last night... He said the 10K is going to be good and they are planning to release it early. He also said they are pre-selling their sept/oct harvest and potentially have someone that wants the whole harvest.
I'm surprised people are selling at these current levels. The company just started producing revenue and they will only increase from here. Right now they are making about $120-150K revenue per month and that's before the lab expansion is complete and the Spain green house starts producing.
If you're patient this will pay off. Next marijuana run will bring this over a buck.
I don't think we'll see revenues from the new hemp farm until the 4th qtr. They just planted, so it'll take 4-5months to grow and dry before we can realize those revenues.
However, Irie CBD should show some good numbers in the mean time.
I think this will be over a dollar at some point in the near future.
They closed Irie CBD in April and they should closed the 430K sq ft grow any day now. The 2nd qtr numbers will be much better and the following qtrs will continue to show huge growth.
Their share count is still under 200 mil... be patient
Interview Link:
[url]https://upticknewswire.com/featured-interview-ceo-clifford-perry-of-freedom-leaf-inc-otcqb-frlf/
[/url][tag]insert-text-here[/tag]
It could, but long term this one's a winner.
Yesterday's interview was very good and the hemp market is only going to get bigger. Revenues are just starting to build momentum... this is when people should be buying, not selling or flipping for pennies.
They have about 120K hemp plants currently growing and expect to have close to 180K by the end of this month.
The company is centered around hemp
They are still working on it. They have a conference call today with the auditors to go over the last few questions on the report.
Things are moving along nicely... first harvest is expected sept/oct
He's referring to early January when sessions rescinded the cole memo.
I want to see their financials too, but I don't expect anything grand in them. The second half of this year is when revenues will start to grow rapidly.
Email Ray@freedomleaf.com
wow, no shares to buy unless you slap the ask...
Plus we don't know what kind of deals they might have struck while at CannaMexico this week.
They were supposed to be released today. I just talked to Ray and he said next Wednesday.
Be patient and you'll be rewarded.
They should be out by the end of the week. you can email Ray (ray@freedomleaf.com) and he'll give you more information about it.
Just got off the phone with Ray from Freedom Leaf, the financials are expected to be released by the end of this week.
Where are these financials... I really thought they would have released them already.
They are late with filing this quarter's financials. The extension gave them 5 days from the original due date (May 15th). The OTC Market website confirms that they are delinquent with their SEC filing.
Hopefully they post it soon.
Yeah, they filed an extension. The reports are due today.
I see your point, but from the NT-10Q "the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and"
They have to release financials today
Financials are due today
I got my golden tickets and I reached my share goal!
Financials are due... show me that money
Hey Les- thanks for the info. The O/S in your calculation should be 630mil. But your forgetting the additional 100 mil shares that Pntv has/had to sell to kodiak to get the $5mil to buy the California grow.
I stayed in this longer than I wanted because I thought they actually got money from the Comcast suit and they wouldn't have to use toxic loans. I know, mark said they're not toxic, but they are. There's no way they'll be able to pay them back, so they will be converted into shares.
The company is going to do great, but the shareholders are going to make nothing. Another Trt$ in the making.
very disappointing.
it's not MMM, it's a disappointing report.
They advertised this report like there was something game changing and there wasn't.
I know... but Brett did have time to post a joke about Geoff's math skills...
My guess is he needed money to pay his taxes