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Exactly, and this is scale-able: the plan is to buy the building by first half of this year and then, with the entire 64,000 sf of space, there will be plenty of room to expand one large extractor at a time @ 25 liters of THC oil per day.
So, all we need is demand and, with this Cannabis Mega-trend sweeping not just our nation but the whole world too it's clear, to me at least, that there will be plenty of demand... We are Global and $GCGX is a gold mine!!!
Good decision, and, it always takes a few days of churning before the word finally gets out and the new reality sets in. By the end of the day I believe we will be above $.004 again!
People are getting their information these days from all over, for instance, I haven't seen this promotion some are talking about, have you or anyone else? $GCGX...
As you say, last year at this same time $GCGX went from just under 2 pennies to just over 5 pennies. With that in mind, we are way over sold here, because, just over a year later now, all the hard work is done, the foundation has been laid, and the oil spigot is about to be turned on any day now. All we needed was the vent permit and that was supposed to have arrived the week of Christmas, kind of like a Christmas present!
Now, with the completion of the vent project, the last two steps of processing the THC oil slurry can be completed as well. So, I don't know how many liters are in progress and waiting for final processing but it could be substantial as the Certificate of Occupancy was issued a couple months ago!
Folks, all this is happening now, not months or years from now. It is in fact happening right now in the first weeks of January as stated by the CEO. The oil is about to start flowing and with the capacity to produce up to 40 liters per day @ $8,000 dollars per liter it is most certainly going to be a game changer, woohoo! Furthermore, it was also stated in the end of year update that once the sale of oil commences, might have already begun, then the share buyback program will start too: where a portion of the sales of THC oil will go into the purchase of $GCGX shares by the company to be returned to the Treasury. Go Global, go $GCGX!
Happy New Year!
$GCGX #17 on the breakout boards!
This is how we rock and roll. With potentially $28 plus million dollars of quarterly income we will certainly be able to buy the building for $10 million dollars in the first half of 2020 and then we are off to the races and there will be no stopping this train. $GCGX
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.
40 * 4 days = 160 L = 1 barrel of oil a @ $1,273,000 dollars!
22.5 barrels per quarter potentially =
$28,642,500 dollars per quarter!!!
Go $GCGX...
Yep, the whales are here and for good reason... With the issuance of the vent permit everything is in place and then they will finally turn on the oil spigot and oil sales will follow within 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; (WTI) 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. Folks, 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!!!
Here! here!
Okay, right. Am I hearing you correctly; dismiss the storyline, sell on a pump, and miss out on an opportunity of a lifetime???
You're right, although, same can be said of all OTC stocks. It's never easy, hell, I should of had at least five times as many shares as I ultimately ended up with. Anyway, I'm all-in now and only time will tell if I made the right call.
That said, I'm excited about the prospects here. Right now $GCGX is looking good, very good: the bottom seems to be in, an end-of-year update is on its way, we have received a certificate of occupancy, we are producing THC oil and I might add, according to the last press release, at or near full production going into 2020!
All in all, from my perspective at least, 2020 is shaping up to be extremely profitable, even if only a fraction of what is projected actually comes to fruition. Hell, can you imagine a sub penny pink sheet stock producing $20 million dollars of revenue in the first half of 2020, woohoo!
Finally, as if all that wasn't enough, the promise of a NASDAQ listing here is clearly very explosive potential! This is a great story: first-of-its-kind Cannabis Mall and right at the beginning of a Cannabis Megatrend! I am so looking forward to the next couple years. Can't Hardly Wait!
You've been here a long time; what's a couple more quarters? The next two quarters, first half of 2020, will tell the tale, in the meantime, don't throw the baby out with the bathwater! $GCGX.
Dude, follow the money. If Global produces $20 million dollars, buys the large 25 L extractor, then the building by Q2 as stated then I'm here to tell you this is not a scam and Global Consortium is on its way to the NASDAQ with a pit stop on the OTCQB! Go Matt, go $GCGX...
I agree wholeheartedly, this is just what an average stock might do with revenues as project by Matt. $GCGX is not average!
For instance, and to your point again, because Global is far from average we have caught the attention of the whales and this is clearly shaping up to be a nice momentum play where the whales come crashing in with a big wave to finish what they started over a year ago and instigate a huge momentum run!
And one more point, not long ago I saw Nightfoods jump to $0.80 after their uplisting to the OTCQB. I expect the same thing that happened to Nightfoods to happen here when we uplist to the OTCQB, especially with all the following coming at the same time between now and the end of the second quarter:
1. Audit.
2. Manufacturing THC oil now.
3. Add new large 25 L extractor.
5. Sell $20,000,000 dollars of THC oil.
6. Oil enough to buy the building.
7. Nightfoods/Half-Baked agreement.
8. Tahoe distribution.
9. Uplist OTCQB.
10. $GCGX...
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 25%: $10,000,000
Yearly EPS: $0.0173
Multiple: 24
8/15/20 PPS: $0.42
$GCGX
One more thing, I make no apologies for my optimism. Go $GCGX.
You're right in that I am just pointing to the potential based on Global's capacity to manufacture. So, if we have the demand, sounds like we do with most of the LOIs still in place including the one for 25 L per day, and we have the capacity, sounds like we will with the purchase of the large 25 L extractor, then it's just a matter of labor, training, hours, and flow. Turn on those oil spigots! Let it flow, let it flow, let it flow.
Anyway, we will soon find out if this business is humming along at or near full production or not, and, as we are just getting started, even if we produce only a fraction of our full potential in Q1 it will still be a good start, and if we produce what Matt is projecting it will be a great start, but, if we produce at full capacity, $30,000,000, well, I think you would agree that would be incredible! Go Global! $GCGX...
Indulge Oils Potential
We currently have 3 extractors:
3*5 = 15 Liters of THC oil per day
90 days per quarter
15*90*$8K per L = $10.8 mil
Q1 - Purchase additional 25L machine
25*90*$8k = $18,000,000
Q1 - Tahoe Distribution $50k wk = $600,000
Q1 - Edibles = $600,000
Bottom Line
Capacity at or near full production:
Indulge: $28,800,000
Tahoe: $600,000
Edibles: $600,000
Q1 2020 = $30,000,000
$GCGX
End of the year update is on it's way and end of the year tax selling is about done. We have made significant progress this year and we are now heading into the new year at or near full production! 2020 is shaping up to be a great year and time to own a cannabis stock and Global is the one to own. Go $GCGX...
Exactly, by second quarter we will know if Global will prosper in this Cannabis Mega-trend! $GCGX...
I agree, 2020 is shaping up to be a banner year:
1. Starting the year at or near full production.
2. 2019 Annual report will audited and out by April.
3. Up-listing to the OTCQB second quarter.
4. $20,000,000 dollars by second quarter.
5. Purchasing the building for the Cannabis Mall by second quarter.
6. Looking to secure Half-Baked Edibles deal with NightFoods.
7. Cannabis legislation is getting better.
8. California is cracking down on the illicit cannabis market.
All things considered, 2020 looks to be explosive, plenty of fireworks! Can't hardly wait! Go $GCGX...
Quietly accumulating my friend; expecting a press release regarding the completion of the new extraction room for the large 25 L per day extractor. See the following from Q3 report:
"Manufacturing Phase 2
Phase two for manufacturing includes building a room for the larger extraction machine and walk in refrigerated rooms for the edibles. These additions to manufacturing will not stop or hinder the ability to operate. The new additions will not require new permits, they will merely require a review when finished.
The room and venting for the larger extraction machine should be completed and ready for operation on or before December 1, 2019. The walk-in refrigerated rooms outfitted with equipment to make edibles should be operation on or before February 1, 2020."
Folks, this one extractor alone has the capacity for $18 million dollars per quarter. Now, couple that together with what the last press release said:
"Global Consortium, Inc., Ramps up Production
- Manufacturing Indulge Oils
- Building the Asset base
Coconut Creek, FL -- November 26, 2019 -- InvestorsHub NewsWire -- Global Consortium, Inc., (OTCPINK: GCGX) is pleased to announce Manufacturing of Indulge Oils is underway at the Cannabis Mall. The City of Sacramento issued the Certificate of Occupancy ("CO") for the manufacturing suite allowing the production of Indulge Oils to begin. Production will ramp up over the balance of 2019 heading into 2020 at or near full production."
All things considered, at or near full production, , and it's time to lunch this ship; just look at what happened last year at this time, starting in January, Global went from just under 2 pennies to just over 5 pennies in a matter of a couple of weeks!!! Go $GCGX...
$GCGX PPS is going to soar and especially when California sorts this out, cracks down on the illicit cannabis market; good read:
https://www.mercurynews.com/2019/11/30/california-pot-industry-calls-for-help-from-state-leaders/amp/
Yep, and last January it went from $0.018 to $0.052 in less than two weeks! $GCGX.
Yeah baby: $0.005 to $0.10 is money in the Bank, can't hardly wait! $GCGX...
I know the Cannabis world is a little complicated but people are figuring it out just fine and making lots of money! $GCGX...
Yes, and most people know that there is usually an initial period of excitement and subsequent run up in the price per share for those companies worth a damn. And then the reality of building a business, no less a cannabis business in a flegeling cannabis market, sets in. Then people understand also that there will be some setbacks, perhaps even a little pain before finally getting to success and reward! Bottom line, all those who have been patient here are about to reap the rewards, mark my words! Go $GCGX!
Yes, absolutely: and here's the thing, Global has a great story and business model to include what they are calling the largest of its kind Cannabis Mall being built in the largest cannabis market in the country, California! Then too, legislation is moving significantly in favor of cannabis stocks with the house passage of the "More Act", which will decriminalize and remove cannabis from the CSA; cannabis stocks are coming back in favor, woohoo! And if the "More Act" passes in the Senate it will be historic and look out! Bottom line, the whales are circling already, the alerts will soon go out, and the price will absolutely go up!
Then, 1st and 2nd quarters next year, the revenues will start coming in huge, and Global's price per share will go up some more! Furthermore, once the audit is complete, sometime before the end of the second quarter, Global will uplist to the otcqb and the PPS will go up even some more! Folks, I think you get the point; it's time to launch this ship! $GCGX...
Good on you. Now, as to me, I bet the farm and I assure you I did not get all my 10 million shares at this price; only wish I had: early adopter, saw the potential here, but absolutely no regrets!
Furthermore, and mark my words, anyone who tries now to get shares at this price will have no choice but to bid the price up, especially as we are finally producing oil. In fact, come January 1st, Global is projecting we will be producing THC oil at or near capacity. And realize this, at capacity means: 3 machines each at 5 liters, plus one new large oil extractor at 25 liters per day, starting now, in December = 40 * 90 * $8,000 = $28,800,000 per quarter!
Looking now, enthusiastically, for quarter over quarter increases in revenue as far as the eye can see, woohoo! Good luck to you and all of those who are optimistic and positive about the prospects here in this Global machine that is: $GCGX...
Not sure; has anyone called the TA for another update. This number might have come from the Q3 report ending 9-30-19 and is before the reduction by nearly 400,000,000 million shares. Now, 900 - 400 = our current 500 million shares. Anyway, I think we just need another update.
A 5 day extension was requested and the report was filed within the extension period on time.
LMFAO, well I guess one man's treasure could be another man's lie!
Go $GCGX...
Hmmm, juicy! If $GCGX is valued at $100,000,000 / 577,000,000 Outstanding Shares = $0.1733 PPS cash value!
Even better is when this $100,000,000 company produces $100,000,000 per year:
Qtrly Rev: $25,000,000
Yearly: $100,000,000
Margin 25%: $25,000,000
Yearly EPS: $0.0433
Multiple: 24
PPS: $1.04
This is just the beginning.
I see a bright future for $GCGX!
Go Global Consortium Inc.
Everything you said makes the case for the fact that it's only a matter of time before the revenue comes pouring in. After all, they've only just barely turned on the oil spigot a couple weeks ago! Soon we will be talkin about quarter-over-quarter growth and there will be no looking back... $GCGX....
What do you mean? Considering the merger and acquisitions, it looks like, when the dust settles, we will have less than half of the expected or projected outstanding shares we were supposed to have.
Right now that OS of 577 million shares looks pretty damn good, especially when you consider the projected revenues of $20 million dollars in the first half of 2020... Bam, that's profitable right out the gate and can't hardly wait!
Go $GCGX...
I agree, in this environment Global is not just surviving we are thriving: For instance, by all appearances we are self-sustaining already and thankfully we don't have billions of dollars in debt like some of those big players in Canada do. In fact, Global has practically no debt at all. Furthermore, as the article said, some of those companies don't even expect to turn a profit for 3 to 5 years.
Bottom line, it's clear that some will not survive in this environment, even the big ones that went all-in with their deep pockets! Whereas, and it's worth saying again, Global is self-sustaining already and, with an expected $20 million dollars of revenue in the first half of 2020, is about to turn a tidy profit! All in all, Global is not just surviving, we are thriving...
So, let's dive a little deeper into how Global is positioned and positioning itself in this brand new and rapidly growing cannabis market:
Little to no debt!
Self-sustaining already!
Demand for THC and CBD oil is strong!
Controlling seed to sales!
Business model is scalable!
Expanding and,
Securing space for additional expansion!
City showcasing Global as right example!
Cannabis legislation is rapidly improving!
Feds set to remove cannabis from CSA!
Feds set to allow cannabis banking!
California paving way for greater profits by
Cracking down on the illicit market!
Profitable!
Go Matt!
Go $GCGX...
Yep!
I agree, looking real good here! We have been issued a Certificate of Occupancy and have started manufacturing THC oil already. The 4th quarter will only show partial revenues due to starting in the middle of the quarter, but, at least we are finally underway and then look out, because the 1st quarter of 2020 could be explosive: Q1 should be, could be our 1st full quarter of revenue and I, for one, am expecting fireworks.
If Global manufactures at capacity for an entire quarter, to include the new large extractor @ 25 liter per day, the revenue potential is incredible, in fact, $28,800,000 dollars worth of incredible! That's 40 * 90 * $8,000 = $28,800,000, not counting Edibles or Tahoe Distribution as I don't know yet when those two new income streams will come online. Furthermore, we used to have $28,000,000 million in LOIs. So, all we have to do is just fill the orders... All things considered, I am soo looking forward to 2020! Go $GCGX...
So what, Infused Edibles represented only a fraction of the income potential here; just $2 million dollars in revenues... On the other hand, Indulge Oils has the potential to do greater than $30 million dollars per quarter at capacity which will likely be reached in the first or second quarter of 2020; only requires enough demand and the demand is off the charts already and growing!
So, when you consider how much we were going to have to pay for Infused Edibles, it just was not worth it... Furthermore, I would much rather be known for our very own Half-Baked Edibles brand... Go $GCGC...
And if that were true then why would anybody still be here in this, as you call it, pos scam? And, of all people, I've never seen anyone more fully invested: I'll bet I spend at least 80 hours a week and I know you spend way more time warning the good people; god bless!
Anyway, through it all, and despite the persistent crys for jail time, there are more investors here than ever, more volume than ever, and Global is growing, in fact, adding a large 25 liter per day oil extractor right now, set to come online in December!
Bottom line, there will be no jail time, just huge revenues, and, everybody can see clearly now that it's too late to stop this train... My friend, we are going Global with or without, all aboard... Go Matt, Go MJ Ninja Tom, Go $GCGX...
Matt did Not lie about the Hemp Farm in Colorado... In fact, quite the opposite... How would you feel if somebody said you lied when all along you were the one who had been taken advantage of? Go Matt.