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September 3, 2015. That's a two year old article, dude.
$3M Market Cap. Still dirt cheap!
You're right! Bad choice of words. Corrected. UF
And therein lies the opportunity. Still way under the radar. Time and patience!! UF
Awesome, man! Thanks for sharing!
What a ridiculous leading question. The answer is 100%. Your creating made up controversy where none exists. UF
Hundreds if not thousands of companies revise filings due to mistakes ALL THE TIME!!
Thousands of companies are eaten up with toxic debt, billions of shares and No revenue.
You know what's rare though? A cannabis grower with no debt, 44K square feet of grow space in the works at $200 annually per square foot, no salaries for officers, only monthly dividends, and with officer shares locked up for 3 yrs or longer so that they establish themselves as an attractive acquisition target.
This my friends is a $7.50+ stock in the making! UF
OFFICER OPTIONS...HMMMM, LET ME SEE...
1. Hey Val, let's convert our shares and sell them into the market for chump change, oh and lose majority ownership status in the process too... or
2. We're going to hold for the long term, work our a*ses off so that we become a viable acquisition target and retire for good within 5 years or so with millions in the bank?
8K OUT...On September 21, 2017 the company finalized and closed on an agreement to acquire an additional 32,000 square feet of cannabis grow space which includes a 2 ½ year lease with two 5-year renewal options. Initially the Company agreed to acquire an additional six thousand square feet that is within a few yards of our existing facility. These six thousand square feet was a small part of a 32,000 square foot facility. The Company has acquired the entire 32,000 square feet from the original occupants. All of it will be used for grow space. The Company will take possession of the space on October 1, 2017. Once the new space is fully developed, these two facilities combined will encompass 54,000 square feet, 42,000 of which will be strictly grow space and the remaining 12,000 will be used strictly for admin, drying, curing and trimming.
Whats Common In OCT Land?
Hundreds if not thousands of companies revising filings due to mistakes.
Thousands of companies eat up with toxic debt, billions of shares and No revenue.
You know what's rare? A cannabis grower with no debt, 44K square feet of grow space in the works at $200 annually per square foot, no salaries for officers, only monthly dividends, and with officer shares locked up for 3 yrs or longer so that they establish themselves as an attractive acquisition target.
This my friends is a $7.50+ stock in the making! UF
On the rise!
None other than some supposed rookie mistakes on paperwork that are easily corrected. Beyond that, debt free, low float, 42K square feet of grow space at $200 per sqft per year, no salaries by officers, just monthly dividend payments,but literally thousands of posts about their "paperwork" shortcomings that fail to mention any of the above. GLTY UF
Two people you've never met and you want us to believe they're "idiots & liars. Riiiiiiiiiiight...
What's more likely? 1. We're going to convert our shares and sell them into the market for chump change, oh and lose majority ownership status in the process too... or 2. We're going to hold for the long term, work our asses off so that we become a viable acquisition target and retire for good within 5 years or so with millions in the bank?
...neither Valerie or I will take any salary going forward; only monthly dividend payments, the same as our shareholders. Yes, officer shares are in fact locked up for three years minimum as they convert three years from conversion date, but we don’t have any real reason to ever convert those shares because as we’ve shared before, we are building this business to become an attractive acquisition target and whether that takes two years, three years or five, our shares are more about maintaining majority ownership than anything else. And finally, no, we do not have any significant debt as a company and we plan to keep it that way for the very same reasons.
LMFAO!! $7.50, here we come!
I do predict stock prices. $7.50 IMHO based on the latest square footage. Count on it...
I want to have a Pabst Blue Ribbon with you, dude! You tell it like it is!! LOL
$7.50 PPS is going to look nice real soon. That's something you can count on... all the other is just gobbledygook.
Good grief. These two officers obviously did not write these lines without putting some thought into it. Yes, your argument is correct if your argument is that "anything is possible". But you cannot ignore what the company has plainly stated just two days ago...
...neither Valerie or I will take any salary going forward; only monthly dividend payments, the same as our shareholders. Yes, officer shares are in fact locked up for three years minimum as they convert three years from conversion date, but we don’t have any real reason to ever convert those shares because as we’ve shared before, we are building this business to become an attractive acquisition target and whether that takes two years, three years or five, our shares are more about maintaining majority ownership than anything else. And finally, no, we do not have any significant debt as a company and we plan to keep it that way for the very same reasons.
How many times will it take? From the latest press release...
Closed at .69. That's my favorite number.
Yep. Those kind of discussions right or wrong are fruitless and don't amount to a hill of beans vs the $7.50 PPS minimum that we will hit with this new square footage. UF
Officer shares are in fact locked up for three years minimum as they convert three years from conversion date, but we dont have any real reason to ever convert those shares because as weve shared before, we are building this business to become an attractive acquisition target and whether that takes two years, three years or five, our shares are more about maintaining majority ownership than anything else.
I tried to bold this for you. Hope you can see it now.
This is a 10 Bagger if there ever was one!
$7.50 per share makes all other discussions/arguments seem small by comparison.
Yeah, that whole line of discussion has become kind of stale when you consider we're headed for $7.50 per share, so I'll just agree with you. GLTY UF
This is probably one of the most important posts in weeks when you think about it. Every argument made against this stock in the past few weeks has to do with what you mention here. And those same arguments never ever discuss the fact that 20 people are working round the clock to create cannabis products and revenue at a remarkable exponential rate of growth. All of the other is start-up toe stubs that will be corrected quickly. Look up 6mo from now for 5 bucks and a year from now for 10 bucks minimum. That is all...
BINGO!!! So they fumble through their filings and have to go back and do some corrections. Big whoop. Meanwhile, TJ has his team focused on cranking out GREEEEEEEEN, Baby!!
You want to hear something downright hysterical? Throw those 4.6M Preferred into the mix on 42,000 square feet of grow space and EVEN THEN you get a PPS of $1.036!
Not ever going to happen, but it does put the arguments being made here into perspective...OVERVALUED MY FOOT!!
You're right. Throw another $500K in there for sh*ts and giggles, and you're fast approaching an $8.00 stock!!
Actually much higher PPS...check this post...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134802803
UPDATE ON 42,000 SQUARE FEET = $7.50PPS!!!
We'll use their 7M share count since that's what they said they'd have max upon completion of 152K square feet...
42,000 x $200 per square foot annually = $8,400,000 X a conservative 25% pfts X an S&P Avg PPS = $7.50 per share!!!
Preach it, Ash! You've never failed us before!! Great stuff!!!
Based on my thorough and precise calculations done by hand with a number two pencil, these prices are ridiculously oversold and my colleagues, Mr. Camp and Mr. Ash will agree with me, but you keep doin' you. UF
BoooYow!!!