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Well, I don't know about that: I for one saw a fire sale and decided it was the right time to go shopping. In fact, picked up another 5 mil and doubled my shares, woohoo! Now, this was before hearing anything about the CO; just thought it was the right time. And, it seems there were a couple more just like me hiting the fire sale too...
I might add, it was not easy at all to pick up those shares. Just think about what that means when the whales come, and mark my words, they are coming... $GCGX...
You're right, step by step: And a big step in this process, as Matt said, will be for Global Consortium Inc., to buy the building next summer and, secure first right of refusal on the other 39,000 square feet.
The building is not cheap, $10 million dollars, and is about half of the projected revenue for the first 6 months of 2020. So, if this plays out as planned then the revenue projections are accurate and real: millions, if not tens of millions of dollars per quarter and it all starts right now with the issuance last week of our Certificate of Occupancy (CO), woohoo!
In my mind, purchasing this building in Global Consortium Inc'.s, name is the first step, and a big one, in removing the revenue sharing agreement. The next step and final step is for the Feds to either de-schedule cannabis or remove it from the controlled substance list entirely: And let me tell you, there are a bunch of bills in Congress right now aiming to do just that. In fact, some are planning to accomplish this before the end of the year still; legalize cannabis at the Federal level and leave it up to the states to decide from there...
Bottom line, when cannabis is legalized at the Federal level and, mark my words, it will happen this year or next, then that will remove the need for the Chinese wall. More importantly, it will kill the need for the revenue sharing agreement...
One more thing folks, when all this comes to bear, and we are closer than you might think, then we are barely one step away from uplisting to the NASDAQ... $GCGX...
I think you're right; gonna top off my tank first thing Monday morning for the long ride to the Moon! $GCGC...
New tweet, CO issued last week, awesome news, whales are circling!
Awesome news indeed, CO issued last week!
And now we know why all the buying and excitement on Friday, woohoo! Go $GCGX...
OTCQB is next, first the Audit, and then the NASDAQ. And the NASDAQ is not so far off as you might think either. In fact, one new large 25 liter oil extractor is enough to put us in the $1 dollar PPS range, two extractors is enough for $2, three = $4, and four or five new high-volume oil extractors = $4 dollars PPS and qualifies us for the NASDAQ, woohoo! And this is discounting all other revenue streams.
Folks, this is scalable, it's doable, and so is the NASDAQ; it's time to launch this ship! In fact, we are building already the new room to house the first of many more high-volume oil extractors. This room is said will be completed on or around December 1st 2019; that's only one month from now. Furthermore, we have just secured another 20,000 square feet of new space which could be filled up with high-volume oil extractors and distribution. All we need is demand and it seems to be off the charts in this developing cannabis Megatrend! $GCGX.
Corporate Update October 28, 2019.
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.
After Reduction of OS by another 185,304,284 anytime now:
Current OS = 732,307,062
OS: 547,002,778
Add 1: 25L extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0329
Multiple: 24
Q1 - reports 5/15/2020: $.79
$GCGX...
The city wants to showcase this company, help make Global shine, insure they have everything they need to not just survive but to thrive in this brand new cannabis industry! $GCGX...
This way Matt can surprise to the upside! In fact, the way I see it, there is no more downside! Go $GCGX...
Of course, those revenues will count too! Q4 will be a partial quarter as they turn on the oil spigots and finish the build-out. Q1 2020 will report 5-15-2020. It's all coming together nicely! $GCGX...
The companies revenue forecast is conservative, see the following quote:
"We are happy to say that 90% of the orders secured a year ago are still viable today, including the order for 25 liters of oil daily."
Add December of 2019 One 25L large oil extractor machine
Q1 2020 = 25*90*$8k = $18,000,000 million dollars! $GCGX...
Add 1 Extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0329
Multiple: 24
5/15/20: $0.79
Keep in mind - This does not include the 3 other machines we have or Edibles, Distribution, Processing, Delivery, Testing, or any other revenue streams that might come online in 2020. Go Matt!
Global has just given us an early glimpse at 2020 revenues with the understanding that revenues will increase rapidly for the first 6 months and then level off. Revenue forecasts to be revised as Distribution, Delivery, and Processing all come online. Based on this early forecast Global is way undervalued:
Qtrly Rev: $11,500,000
Yearly: $46,000,000
Margin 25%: $11,500,000
Yearly EPS: $0.0210
Multiple: 24
PPS: $0.50
$GCGX...
Just a pause that refreshes! $GCGX...
Actually, with this reduction, the share structure for $GCGX is darn good! Keep in mind, my calculation was done with a 25% margin; call it 50% of 50%. This is just a guess but am trying to keep it real here.
1st quarter 2020 should be very exciting especially now with this new share structure; we are ready for prime time, the NASDAQ that is! Hell, with less than half a billion shares outstanding there might not even be enough to go around when we hit the NASDAQ.
The following includes the 3 machines we have currently + 1 large 25 L new extractor to be purchased before the end of the year and operating at full capacity for a full 1st quarter of 2020:
This reduction in Outstanding Shares by 384,465,711 million is huge; even better than I thought:
Currently
OS: 931,468,489
Add 1: 25L extractor
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0322
Multiple: 24
5/15/2020: $0.77
Versus
After Reduction of OS
OS: 547,002,778
Add 1: 25L extractor
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.00548
Multiple: 24
5/15/2020: $1.32
So, $1.32 - $0.77 = $0.55/$0.77 = 72% increase in PPS: Wow, 72% increase in PPS is huge!!! Go $GCGX...
This reduction in Outstanding Shares by 384,465,711 million is huge; even better than I thought. Add to this the Certificate of Occupancy and it's time to launch this ship!
The following doesn't even include the 3 machines we have currently:
Currently
OS: 931,468,489
Add 1: 25L extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0193
Multiple: 24
5/15/2020: $0.46
Versus
After Reduction of OS
OS: 547,002,778
Add 1: 25L extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0329
Multiple: 24
5/15/2020: $0.79
So, $0.79 - $0.46 = $0.33/$0.46 = 72% increase in PPS: Wow, a 72% increase in PPS is huge!!! Go $GCGX...
Like I said, irrelevant...
This reduction in Outstanding Shares by 350 million is huge:
The following doesn't even include the 3 machines we have currently:
Currently
OS: 950,000,000
Add 1: 25L extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.0189
Multiple: 24
5/15/2020: $0.45
Versus
After Reduction of OS
OS: 600,000,000
Add 1: 25L extractor
Qtrly Rev: $18,000,000
Yearly: $72,000,000
Margin 25%: $18,000,000
Yearly EPS: $0.030
Multiple: 24
5/15/2020: $0.72
So, $0.72 - $0.45 = $0.27/$0.45 = 60% increase in PPS: Wow, 60% increase in PPS is huge!!!
I guess you've never seen a momentum run then. $GCGX...
Picked up another 100k myself. Volume is picking up the last couple weeks, word is out on the street it seems, lots of interest with over 100 post today, and when news of the Certificate of Occupancy hits tomorrow or Thursday I expect volume to hit over one hundred million shares and then we launch this ship!
Expecting a nice run here and, who knows, we might even hit a dollar, woohoo! Go $GCGX...
Agreed, and, not long ago we retired another 60,000,000 shares for the device we returned.
They are gone... As to the 1.5 billion in the AS, well, only about 900,000,000 were outstanding so, after subtracting 350,000,000 we should be looking at an OS of between 550 and 600,000,000 million shares. And that my friend is pretty darn good especially considering the potential here; hundreds of millions of dollars per year kind of potential here!
Not true at all... Returned to the Treasury means gone, gone from the OS and the AS too...
Returned to the Treasury means retired.
$GCGX focus is manufacturing, oil is our business, and the rest is small potatoes…
As to the 4th machine, we were told it would be acquired with the phase two build-out; this morning’s PR said phase two should be complete by end of this year! I think perhaps even sooner, as soon as they sell some oil!
As to ToMaRa, I don’t know but I think they were only relevant to the VIP Lounge and maybe distribution in Tahoe. Anyway, I for one don’t want to bring them in and have to give up a bunch more shares if we don’t have to, unless what they have to offer is very significant. We are narrowing our focus to the oil.
As to the Colorado Farm, we were only leasing it and the test crop didn’t work out. Seems it is time to cut our losses and move on. Again, we are narrowing our focus to the manufacturing of oil and for now that is perfect... $GCGX…
Agreed, we have a winner here! $GCGX is in the manufacturing business and focused rightfully on THC and CBD oils...
I like also the fact we are building a lab for testing, and the fact that we are building out and controlling our own distribution too!
You are correct sir, returning 350 million shares to the treasury is huge and the loss is negligible: just look at the potential for Indulge Oils, it is right now 20 times that of Infused even with only 3 small extractors @ 5 liters each. Add to that just one large extractor @ 25 liters, that's 40 * 90 * $8,000 = $30,000,000 per quarter versus $600,000 for Infused. Folks, that's 50 times as great as Infused and scalable; add a machine, add another $18,000,000 dollars, woohoo! $GCGX...
$GCGX Potential Q1 2020:
3 @ 5 = 15 Liters per day
90 days per quarter =
15 * 90 * $8K per L = $10.8 mil
Infused: Q1 2020 = $600,000
Tahoe Distribution $50k wk = $600k
Indulge: $10,800,000
Infused: $600,000
Tahoe Distribution: $600,000
Q1 2020 = $12,000,000
Add Q1 = 1*25L large extractor
25*90*$8k = $18,000,000
Q1 2020 = $30,000,000
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0400
Multiple: 24
5/15/20: $0.96
Not exactly, it needs to be $4 per share in order to be eligible for uplisting to the NASDAQ and then, it needs to remain above $1 at least otherwise the stock can be delisted.
Yes, uplisting to the NASDAQ is the stated ultimate goal. It is also the reason for the Chinese wall so the company doesn't touch the plant and it will remain until the legislative landscape changes and marijuana is legalized at the Federal level.
Now, as soon as the audit is complete, end of this month in fact, we will start the uplisting process to the otcqb first; hopefully complete before the end of the year and that will make a huge difference. But, yes, the ultimate goal is to uplist to the NASDAQ and it will happen when the share price gets to $4 dollars... $GCGX...
90% of the 38.4 million dollars in LOIs are still there, confirmed by the CEO... Doesn't even count new orders coming in every day as the demand is great! $GCGX.
Should be three machines each producing 5 liters of THC oil * $8,000 per liter, as soon as we receive the CO. Promised soon a 4th machine which produces an additional 25 liters per day! Do the math, wow! $GCGX...
Third party promotion, somebody wanted to sell some shares. It's quite a few shares, probably a hundred million. Then there were those who panicked, and then there were some I'm sure hoping to capitalize, sold, and now they're going to buy back when the selling is done. And after yesterday, I'm thinking the selling is done...
In the merger deal it was said there would be about 1.1 billion shares; right now we're up to about 900 million but I don't think it's those folks or the Insiders who are selling because they know what's coming and that good news is just around the corner! $GCGX...
Remember what Buffet says, "When there is fear, it's time to buy!" Especially when the sharks are sensing blood in the water and are circling already, it might just be time to buy! $GCGX...
Exactly, so it's likely just as I said: somebody still had some shares they needed to sell which is why they paid for the promotion in the first place. I think now the selling is done...
Any word yet today on the final inspections please?
Okay, I bought a bunch more shares today!
Yep, this is the capitulation and I agree, there will be a lot of regrets. My guess, the one who did the promotion planned to sell X number of shares and I'll bet these were the last of their shares to sell. Bottom line, final inspection today and if passed we should get the CO by next week at the latest and then we can finally turn on the oil spigot. $GCGX...