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Summarizing my Global projections for all in one location and so you don't have to read between the lines. See the following: Global's current capacity:
11-07-19 OS: 577,022,778
Qtrly Rev: $10,800,000
Yearly: $43,200,000
Margin 25%: $10,800,000
Yearly EPS: $0.0187
Multiple: 24
2/15/20 PPS: $0.45
Add 1 Large Extractor
Edibles: $600,000
Tahoe Distribution: $600,000
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0520
Multiple: 24
8/15/20 PPS: $1.25
2 Large Extractors:
After Legalization
Remove the revenue sharing agreement Release the Kraken!
Qtrly Rev: $48,000,000
Yearly: $192,000,000
Margin 50%: $96,000,000
Yearly EPS: $0.1664
Multiple: 24
11/15/20 PPS: $3.99
Qualifies for the NASDAQ. What if there is a run and the multiple goes higher: Multiple: 48
11/15/20 PPS: $7.98 $GCGX...
You're right, without the CO there is no revenue and there is no NASDAQ. Wait, without the CO there would/could have been no pictures showing the manufactured THC oil; are you suggesting that Global is producing oil illegally now without a CO? Come on man, we were told there is a press release coming; I think Monday is a good day! $GCGX...
Audited financials, significant revenue, and quarter-over-quarter improvements will take care of all of that. The CO was issued, the spigot was finally turned on, and we're manufacturing because that's what we do, and we're not turning back. In fact, it's only a matter of time now. We've waited this long; what's a couple more quarters in the scheme of things? $GCGX...
Well sir, you are not recognizing the differences in my projections. The first projection highlighted the addition of 2 large extractors, legalization, and the ending of the revenue sharing agreement. Let that sink in for a moment: and my second projection was based on Matt's expectation that Global will earn $20 million in the first half of 2020!
Now, the first is based on capacity and, if we do the math, it's clear to see that Matt's projection is very conservative, only a fraction of the capacity. In fact, with just the three extractors we have currently, each running at their capacity of 5 L per day will, alone, produce $10.8 million dollars per quarter. Then, add to this, the one new large 25 liter oil extractor, already in the works, and that is an additional $18 million per quarter of capacity. Add to this another $600 k for Edibles and another $600 k for Tahoe distribution and the grand total is, simple math, that Global should be capable if producing at capacity $30 million per quarter starting first quarter of 2020!
Bottom line, Matt is being very conservative with his new projections. I think this is a good thing, and likely based primarily on what happened with his last projection of $100 million dollars for 2019. See the following and keep in mind that this is before the removal of the revenue sharing agreement. Keep in mind also that Global is moving forward not backwards:
11-07-19 OS: 577,022,778
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0520
Multiple: 24
5/15/20 PPS: $1.25
$GCGX...
Wait just a minute here, the merger wasn't even complete until the end of 2018. Now, I work for the Federal government as a space manager and I know how long it takes to build-out space. It's only been a year since the merger and it can take easily more than a year just to build-out your space. With that in mind, it looks to me that we are right on track and revenue is finally on its way!
Starting in January Global expects to produce $20 million dollars in the first half of 2020 and that is $10 million dollars per quarter with little to no debt...
11-07-19 OS: 577,022,778
Add 1 Large Extractor
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 25%: $10,000,000
Yearly EPS: $0.0173
Multiple: 24
5/15/20 PPS: $0.42
$GCGX...
Okay, so I don't think I was real clear in my last post; trying real hard here to be real. What I meant to say is, we're looking at let's say a 50% margin but, we only get 50% of that because of the revenue sharing agreement. So, bottom line, if we get 50% of 50% then that's effectively a 25% margin. $GCGX...
What; you mean you don't like 40 million dollars in revenues per year? Okay, for all concerned, here's what 40 million dollars in revenues per year looks like, even with a 50/50 revenue sharing agreement:
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 25%: $10,000,000
Yearly EPS: $0.0173
Multiple: 24
2/15/20 PPS: $0.42
Folks, inorder to calculate earnings, which is normally used in determining PPS, not necessarily in the OTC, this 25% margin means Global gets 50% after the revenue sharing agreement of 50%. And , to be honest, the margin might even be lower. Although, in my opinion, Global is more likely to retain the 60%, not the 50% which makes up for a slightly lower margin if it comes to that.
Bottom line, $42 million dollars of revenue, no matter how you slice it, is an incredible first year of production for a brand new company, any company, and Global has little to no debt! If we hit $10 million dollars in any quarter it will more than justify $0.42 in price per share... $GCGX...
What do you mean; Global estimates it will bring in approximately 10 million dollars in revenue per quarter and that equals 40 million dollars per year! Now, that will be divided up according to the agreements; it's just that simple...
Just the facts Jack! God bless you.
All right, so you have your take and I have my take: the fact that 30 million + shares was even traded on a single day was only even possible if there was enough interest. Well, it just so happens there was news on that day and, as you can clearly see, there was plenty of interest. Nevertheless, even on this Newsday, only about 2 million shares showed up on the ticket when, on average, we'd been trading 10 mil + per day, hmmm. Then, as if magically, a 30 million share sell order showed up at $.0031, after hours no less, hmmm!
So, all day long $GCGX was trading in the 60s with news. I suspect also that the after-hours 30 mil sell order was filling all day long in the 60s too, except, in order to close the order, for what ever reason, the mm sold a few shares down to $.0031. Now, why would the mm do that? Bottom line this looks like it's just a sophisticated paint job orcastrated to look like dumping, when all day long people were really showing plenty of interest and buying lots of shares in the 60s. $GCGX...
Yep, will easily do 5+ in the next run. For instance, in January of this year, $GCGX went from 1+ to 5+ in less than 2 weeks with no news! We have plenty of news coming now and am looking for a nice run here starting any day now, in fact, I see the whales circling already. Go Global!
Bottom is in: news, updates, and revenues are coming! Go $GCGX...
You are absolutely right, for instance, its stated and well-known that Abraham Lincoln failed his way to success! $GCGX...
Agreed, 100%, as real as it gets! Go Buzzy!
I'm actually amazed that selling 30 million shares in one day didn't tank this all the way into the trips. If you think about it, it speaks to the power and interest in this stock, $GCGX...
Think about this also, the other side of the equation, if you try to buy even just five million shares in one day, as I did the other day, you have to move the stock quite a bit in order to get your shares; wish now I'd been a little more patient. News now will pave the way for a nice run. Go Global!
Here's my take on the 30,000,000 share sell: First off, there is no after-hours trading in the OTC, so, it was likely a settlement trade. So, someone is still selling, who knows why, and their broker was picking up shares all day with a limit price and then the trade settled at the lowest or last price was accumulated at today for this particular trade: I hope that the selling is done now. In fact, based on the tweet today, I think we are going to get news tomorrow and that should put a halt to this nonsense...
Anybody have any thoughts on the huge 30,000,000 share after-hours settlement trade?
The tweet today said more news to come via the news wire and that, my friend, I believe is the news you are talking about; 385 million shares returned to the Treasury, woohoo! $GCGX...
Exactly, and expecting it will be a huge ramp-up in December when the large extractor comes online, and that is just a few short weeks from now; can't wait for that news to hit!
Right now we have 3 machines, each capable of producing 5 liters of THC oil per day. Then in December we will more than double that capacity with an additional 25 liters per day. Now, multiply that by 90 days per quarter and wow, Q1 2020 could be explosive! Let's do the math, never get tired of that:
40 * 90 * $8,000 = $28,800,000. Folks, that's nearly 29 million dollars of revenue per quarter from just this one revenue stream! Go $GCGX...
Yep, the certificate of occupancy (CO) was issued more than a week ago now meaning: the three machines we have currently, each capable producing 5 liters per day, should have went online last week meaning, potentially 25 days of a manufacturing production for the month of November and 31 days for December = 15 * 56 * $8,000:
15 liters per day
56 days Q4 production
$8,000 dollars per liter
= $6,720,000 dollars Q4
Furthermore, it's been said that the new 25 liters per day large extractor machine may come online December 1st =
25 * 31 * $8,000 :
25 liters per day
31 days Q4 production
$8,000 dollars per liter
= $6,200,000 dollars Q4
Bottom line potentially:
$12,920,000 = Q4 oil manufactured
11-07-19 OS: 577,002,778
Qtrly Rev: $12,920,000
Yearly: $51,680,000
Margin 25%: $12,920,000
Yearly EPS: $0.0224
Multiple: 24
4/1/20 - PPS: $0.54
$GCGX...
Agree, even if you could short $GCGX the risk would be so great for such little gain...
You want more conservative, my estimate was only a comparison and only took into account one extractor machine capable of producing, at capacity, 25 liters per day. Do the math, that's $18 million dollars per quarter and I discounted that with a 25% margin.
That said, let's consider now that we have 3 additional extractor machines each capable of 5 liters of oil per day, at capacity, and that's 15 liters per day. Do the math, that's an additional $10.8 million dollars per quarter. Edibles is another $2 million dollars per quarter. And I haven't even mentioned Processing, Distribution, Delivery, and Testing which we will soon get revenue projections for them too. All told, we're looking at 10s of millions of dollars in revenue per quarter and is all coming starting 4th quarter of 2019 especially if, as they said, they turn on the large extractor by December 1, 2019! $GCGX...
Au contraire, notice again the 25% margin. Put another way, that is 50% of 50% and takes into account a potential 50/50 split; I think it will be instead 60/40 in favor of $GCGX.
962 - 577 = the 385 million shares returned to the Treasury...
And remember, when the Chinese wall comes down then so does this revenue sharing agreement too: and, legislatively, we are so close to that happening it's palpable...
One more thing, in all my estimating I've been using a multiple of 24 and I think is fairly conservative in the cannabis sector. For instance, Tilray ran to $300 dollars per share with a multiple of over 300; crazy huh!
When these cannabis stocks run and this one will one day soon, perhaps next week, they can reach incredible multiples and incredible highs, pun intended. Now, I don't need a run, would be nice, but I want to see revenues, a foundation, and slow and steady is just fine with me. NASDAQ, look out, ready or not here we come and we're about to shake things up! $GCGX...
See the following for Global's potential after shares returned to the Treasury. This compaires with just the one large extractor machine planned to start operations in December and with just the one LOI we currently have for 25 liters per day: 25 liters * 90 days * $8,000 per liter =
After 385,000,000 million shares returned to the Treasury.
Potential PPS with current OS:
11-7-19 OS: 577,002,778
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0312
Multiple: 24
5/15/20 PPS: $0.75
Before returning 385,000,000 million shares to the Treasury.
Potential PPS:
10-7-19 OS: 962,002,778
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0187
Multiple: 24
5/15/20 PPS: $0.45
Notice the difference here is a 67% increase in potential PPS after reducing 385,000,000 million shares. Folks, I can't emphasize enough, this is huge... The spigot is on, oil is flowing, and this kind of revenue and more is surely coming and when it does you can see the potential here, woohoo! $GCGX...
The Audit is coming before the end of the year and then we can up-list to the OTCQB which should improve things considerably! 2020 is going to be a great year for Global!
It's called a Chinese Wall and it's been explained many times. Everyone knows by now that Global Consortium Inc., has huge plans to up-list to the NASDAQ, however, if they touch the plant they can't so long as cannabis is still illegal at the Federal level... So, it's well known also that Matt and Tom created a structure to separate the company from the plant so that they could up-list to the NASDAQ. It's bold and genius, I tell you, pure genius and nothing will stop this company now in the midst of this Cannabis Mega-trend... One more thing, legislation is about to change and when it does this Chinese wall will come down, the two entities will merge, and the revenue sharing agreement will go away too! $GCGX...
Yep, I hear Tom Roland is the MJ Ninja!
Sounds like I should throw this baby out with the bath water then, not... No, this baby, Global Consortium Inc., is all cleaned up, oiled up, and ready for prime time. And let me tell you, this baby is dressed to the nines and ready for business. Just look at her, she's electrifying in her brand new CO, paint, and equipment. In fact, the city said, after inspection, that she is a beautiful baby, none better! Go baby! $GCGX...
Folks, let me just emphasize what $18 million dollars per quarter, one large THC/CBD extractor machine, means to you and me as investors in $GCGX:
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0329
Multiple: 24
5/15/20 - PPS: $0.79
One Machine!
Well, I don't expect the tour to happen at this point until the new year. The phase 2 build-out will be complete some time early in December and then Processing, Delivery, and Distribution will all be coming online. Besides, the large extractor is included in this build-out and no tour would be complete without the large extractor! Folks, that machine alone, at capacity, will be capable of producing 25 liters of oil per day * $8,000 per liter * 90 days = $18,000,000 dollars per quarter! Go $GCGX...
I believe the Edible brand mentioned will be Half-Baked in partnership with Nightfoods! $GCGX
You could be right as I believe a huge consolidation phase in the Cannabis sector is coming. The big boys are waiting in the wings chomping at the bit for when the Federal government legalizes cannabis at the Federal level. That said, I hope it doesn't happen unless it is a really good deal. I hope instead that we secure the deal with Nightfoods Holdings Inc., to bring to market the Half-Baked brand of Edibles! $GCGX...
Fair enough. However, we have come a long way since then and anyone can see now the pictures, videos, the machines in action, the building etc., and they can do the math and judge for themselves. Go Matt, go $GCGX...
Those, as you say, those unrealistic prices are actually real numbers based on real earning if and when! So, since most are not used to OTC stocks with earnings I suppose my numbers would seem quite unrealistic. Anyway, considering the unreal world of the OTC where nothing is ever as it seems, you should only use my numbers as a guide for determining if we are way way over valued or way way under valued! Bottom line, as you can see from my numbers below, based on real projections from our CEO for the first half of 2020, we are currently way way undervalued:
Qtrly Rev = $10,000,000
Yearly = $40,000,000
Margin 25% = $10,000,000
Yearly EPS = $0.0183
Multiple = 24
5/15/20 = $0.44
$GCGX...
Well, first things first: earnings first and then next summer we can purchase the 25,000 sf we currently occupy. Afterwards, we will then secure a first right of refusal on the remaining 39,000 sf which doesn't even come available until, I think, 2021. And that's the way we build the Cannabis Mall, step by step! $GCGX...
This is the building, it is nice, and $10,000,000 dollars. If we can secure the other 39,000 sf then that is a big deal: $GCGX...
http://www.loopnet.com/Listing/8671-Elder-Creek-Rd-Sacramento-CA/12095524/
Well, it seems you are way more patient than I am as I'm thinking it will take less than 2 years, maybe even less than a year...
The way I see it, we need $4 to qualify for the NASDAQ... And $4 would be perfect for me; yes I have pretty big dreams! In fact, all we need is 2 large extractors with enough demand to manufacture at capacity for 1 quarter and, they're already building the room for the first extractor, woohoo!
Global Revenue: $GCGX
3 @ 5 = 15 Liters per day
90 days per quarter =
15 * 90 * $8K per L = $10.8 mil
Indulge = $10,800,000
Edibles = $600,000
Tahoe = $600,000
Q1 2020 = $12,000,000
Add One 25L machine:
25*90*$8k = $18,000,000
Q1 2020 = $30,000,000
Global Earnings:
Add Two Extractors
Qtrly Rev: $48,000,000
Yearly: $192,000,000
Margin 50%: $96,000,000
Yearly EPS: $0.1755
Multiple: 24
PPS: $4.21
Predicated no revenue sharing!
Qualifies for the NASDAQ!
Could happen in 2020!
Guess I'm not so careful as am all in now! Time to launch this ship! Go $GCGX...
Why; Matt is doing everything he said he would do despite the setbacks. Setbacks are normal especially in this industry!
Now, I know that it's taking longer than we thought but it's certainly not the time now to lose patience; those were the ones who sold me their dreams Friday at the fire sale. There's a lot of noise out there and I suppose easy for some to get sidetracked. Folks, don't get sidetracked, hold onto your dreams, and remember what Warren Buffett said, "The market is a vehicle for taking from the impatient and giving to the patient." Go $GCGX...