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The success of the other you are talking about is in no small way dependent upon the success of $GCGX. If you want a twofer, take your winnings here and roll it into that one because it's likely next on the CEO's agenda and there is evidence that it's beginning already with a 200 acre hemp farm in the making.
My pleasure. Looking forward to the reports and I'm thinking next week, Tuesday morning would be nice! $GCGX.
Global Consortium is shaping up to be a cannabis powerhouse and can not be denied or stopped by anyone. The company is projecting 2019 earnings of $100 million dollars, however, according to the PR's and my calculations we could see more than twice those projected earnings. There is clear evidence that Matt is understating and over-performing!
For instance, if 15 acres of hemp CBD oil really does = $4 million as stated, then we can multiply that * 10 for the spring planting of 150 acres = $40 million dollars. Then we can multiply * 4 to get to 600 acres for the fall planting = $160 million dollars. Confirmation of this dollar amount is important going forward!
Now, I believe last year's hemp crop will show in the upcoming annual report, as we were told also last year that they had time to build the extraction lab and still sell the CBD oil, for a premium, before the end of the year. And, that's what I expect, although, if it's not in the annual report, no problem, then we will see it in the first quarter report due now.
Let's summarize my 2019 estimated earnings predicated on the results of the 15-acre test harvest:
150 acre Spring harvest = $40 mil.
600 acre Fall harvest = $160 mil.
Indulge Oils - Back LOIs = $38 mil.
Indulge Oils - New LOIs = $XX mil.
Infused Edibles/Half Baked = $5 mil.
Lake Tahoe distribution = $3 mil.
2019 Total = $246 mil., potentially, not counting any new orders for CBD oil coming in weekly for the rest of the entire year.
Just for fun, now let's have a look at the following for a sense of what twice the estimated Global earnings might look like considering the combined income streams from: one Hemp Farm, Indulge Oils, Infused Edibles, and Distribution to Lake Tahoe:
Fully diluted:
OS: 1,200,000,000
Earnings: $50,000,000
EPS: $0.0417
Multiple: 24
PPS = $1.00
CEO's 2019 Conservative Projection
OS: 1,200,000,000
Earnings: $100,000,000
EPS: $0.0833
Multiple: 24
PPS = $2.00
OS: 1,200,000,000
Earnings: $150,000,000
EPS: $0.1250
Multiple: 24
PPS = $3.00
@ 2 * Projected Earnings
OS: 1,200,000,000
Earnings: $200,000,000
EPS: $0.1667
Multiple: 24
PPS = $4.00
Keep in mind, 24 is an average multiple in this stock market though stocks in the cannabis industry have traded as high as 240 times earnings; they can be highly volatile at times, think Tilray!
$GCGX is undeniably a Powerhouse and a force to be reckoned with! Next year we will likely plant four times as many acres of hemp with a full 1400 acres available to plant * 2 crops. And, there is the possibility of two additional farms, one in California and one in New York too already mentioned, wow! Go Matt, go Tom!
Okay, that's more like it, we are now number 1 and right where we should be. I can't wait for the reports to drop! $GCGX...
We are number two now on the breakout boards! Obviously the release of Global's annual report and first quarterly report are creating much anticipation! I know it's been a long time in coming but when the reports are released that will ignite the fuse and launch this ship!
All things considered, I don't think you want to miss the launching of this ship so get your tickets while you still can; hope it's not too late. The reports will be released and I'm hoping on Tuesday as that would be a great way to kick off the summer! Go $GCGX...
What are you talkin about, this is a brand new company; the first quarterly report hasn't even been put out yet. Heck, Tilray has been around a lot longer and they are posting negative earnings quarter after quarter and yet still they hit $300 PPS, booyah! $GCGX...
Just wait for the reports and then our up-listing to the OTCQB where there is exposure to many more investors. Now take a look at how Knightfoods, our new partner, is doing on the QB. With only just a few hundred thousand dollars in revenue last quarter they are trading at $0.60 per share. Imagine what several million dollars per quarter will do for Global's price per share. This is going to be a fantastic summer as investors discover this gem, this diamond in the rough. Go $GCGX.
Good advice, I just wonder why you work so hard at taking the lipstick off this pig! We put it on and you keep taking it off.
No, I think you've missed one very important point that major investment firms never invest in OTC stocks... Too much risk, not enough volume, too much volatility! Come on, you know that, everybody knows that!
Folks, Global Consortium is a gem: admittedly still a diamond in the rough but, that's all about to change when the reports come out. For starters, the audited annual report, past due now, nonetheless, will show that we have assets, earnings, legitimacy, and the opportunity to up-list to the OTC-QB. From there, ladies and gentlemen, we're off to the races.
Global is building this company from the ground up and, despite what some are saying, the OTC was not just a good place but maybe the only place to build a pure Cannabis Manufacturing empire in the United States of America. After all, marijuana is still completely illegal at the Federal level and is still a big issue for the Cannabis industry, especially on the big boards. So, one step at a time: first we audit and then we up-list to the OTC-QB. To that end, Matt said in the conference call that by the end of June, one of two things would happen and the biggie I picked up on is the fact that he would file the S1. And, as some of you know, when the S1 is filed, up-listing is imminent!
Going forward, once we've uplisted to the QB, jumping to the NASDAQ, I had thought was mostly just a legal issue. However, Matt addressed this concern and my legal question for him too in the conference call by stating that he has created a Chinese Wall in order to maintain a hands-off approach so the company doesn't in anyway touch the plant itself, a novel approach. I've seen other companies do the same thing but in a more extreme way by creating and then separating completely the THC companies from the CBD companies.
Anyway, I'm glad they have addressed this legal issue so now it's full speed ahead and I am so looking forward to the entire process. Over the next couple years I will be watching closely: progress towards satisfying the NASDAQ listing requirements while at the same time watching as Congress passes Bill after Bill on the way to full legalization just like in Canada only better. Better in that, Canada only has a small fraction of the market we have in the United States for cannabis, i.e., our California market alone is bigger than all of the Canadian market. And, CBD infused beverages and edibles are still illegal in Canada, until October of 2019 that is.
Now, when it comes to legalization, we may have a divided government right now but on this issue at least there is bipartisan agreement and support. In fact, we are winning already this year, battle after battle, case after case and this might just be the only thing our divided Congress gets done and get it done they will, I predict by 2020 though some are even saying now that 2019 will be the year the United States fully legalizes and I think it's possible!
Things are moving so fast in the cannabis industry that it's official now, we are truly witnessing a Cannabis Megatrend sweeping not just the nation but the world too. I don't know how Global Consortium can keep up in this brand new and fastest growing industry in all the world but they are. In fact, it's clear, to me at least, that they are not just keeping up but are always one giant step ahead! Consider how Tom Roland anticipated hemp legalization planting hemp in June of last year and then hemp was legalized in December. Consider also how he anticipated the Health & Wellness phenomenon almost a year ago acquiring Indulge Oils and Infused Edibles and then, sure enough, happening just now in fact, all the big box stores are announcing that they will carry hemp products to include CBD oil: CVS, Walgreens, Walmart, Whole Foods, Kroger's, etc., oh my! And to add to this, California just passed a law allowing CBD into the food chain and that's the biggie all the big box stores have been waiting for; ladies and gentlemen start your engines the floodgates have now been opened and we can expect demand for our purest CBD oil produced in this country to shoot through the roof!
I don't know how Tom anticipated this huge demand for CBD oil but it's clear that he saw it coming and that's why we already have letters of intent for CBD oil worth $38.4 million dollars. All we have to do is fill the orders, and that doesn't even count all the new orders coming in weekly. In fact, in order to keep up with this huge demand Global just announced the purchase and installation of a new CBD oil extraction machine capable of producing 23 liters of oil per day, each liter worth approximately $8,000 dollars. Keep in mind also, this new capacity is on top of the capacity we already had: back in October it was stated that Indulge brought with them 2 or 3 oil extraction machines each capable of producing up to 5 liters per day, wow!
All things considered, Tom Rowland might just be the MJ Ninja after all... And to bring it all home, just as he was ready for all that I've just laid out, so also he will be ready for the full legalization of marijuana; think Tilray and their incredible run up to full legalization in Canada where their stock ran all the way to $300 PPS; go Tom Roland!
Bottom line:
10-1-18 Merged and Global is born.
12-31-18 GCGX completes first Qtr.
2018 Infused Edibles = $2 mil net.
2018 Hemp Farm = $4 mil net
2018 Total Expected = $6 mil net.
Global hired a company to audit.
2018 audited annual report expected Tuesday.
Global hired a company to uplist, first to OTCQB and then we jump to the NASDAQ...
All Things Considered, not bad for a brand new company. In fact, explosive out of the gate and that's just for starters. Folks we are off to the races and in a big way with projected 2019 earnings of $100 million dollars, but, hold on to your hats, based on the numbers we have been given already, I think more than double what's been projected for this year is within the realm of possibilities! I like that, under promise and over perform.
Now, in 2020 when all of the income streams come online and we plant 1,400 acres times 2 crops in Colorado, OMG: and this doesn't even take into account the possibility of two additional hemp farms mentioned already: California and New York. Well, if that happens the sky is the limit here! I know it sounds almost too good to be true but, at the finish line by the end of 2020, we could be looking at a prize worth hundreds and hundreds of millions of dollars of income and we could be riding high on the OTC, pun intended, or perhaps even the NASDAQ by then, woohoo!
In the meantime, Global is working on a number of income streams that will get us to the finish line: First is our Colorado Hemp Farms and I think all would agree by now that this will be our largest income stream for the foreseeable future. Keep in mind, my hemp numbers are predicated on the fact we were told, 15 acres = $4 mil., * 10 for 150 acres = $40 mil * 4 for 650 acres = $160 million dollars. Confirmation of this dollar amount is important going forward. And yes, I believe last year's hemp crop will show in the upcoming annual report as we were told also that they had time to build the extraction lab and could then sell the CBD oil, for premium, and still before the end of the year. So, that's what I expect, but if not in the annual report then we will see it in the first quarter report due out now also:
Indulge Oils - Back LOIs = $38 mil.
Indulge Oils - New LOIs = $XX mil.
Infused Edibles = $5 mil.
Lake Tahoe distribution = $3 mil.
150 acre Spring harvest = $40 mil.
600 acre Fall harvest = $160 mil.
2019 Total = $246 mil, Potentially, not counting any new orders for CBD oil coming in weekly for the rest of the entire year.
I think, certainly by now, you see my optimism and enthusiasm and why I am so looking forward to the rest of 2019 and, just giddy to even think about what 2020 might bring, woohoo! It's plain to see, for those who are really looking, that we have an incredible opportunity here; like none I've ever seen, or at least been involved in before, it's not even close! No wonder private money was willing to pay $1 per share! Let's see, multiply that times how many millions of shares I am fortunate enough to own, and wallah, I am the next POT stock millionaire, woohoo! Okay now, It's time to launch this ship! $GCGX, go Matt, Go Tom!
Folks, this is going to be either really really big or really really bad. With all the evidence and information we have, there just can't possibly be anything in between: so many companies involved, business owners, private money, licenses, buildings, buyers and sellers; you just can't scam that many people and pull it off right in the front of God, the SEC, FINRA, the public and City officials, and everybody else involved across 16 States or more without being exposed...
So, this is either going to be exactly as Matt has said: the biggest cannabis monster gobbling up more than its share of cannabis revenue right in the middle of a cannabis megatrend likely bigger than anything seen to date; estimated worldwide to be worth over a trillion dollars in the coming years. Or, we have to believe that Matt has put his reputation and Tom's reputation and their future in this business or any other business on the line for one very bad lie after another. Now come on, Nobody risks that much and works that hard for a lie, for the truth yes but for a lie, hell no, noway! All of this nonsense that some are regurgitating and spewing everyday on this board just stretches credulity beyond the breaking point and beyond anything you and I have ever seen or likely ever will.
Okay, now that I've got that off my chest, let's light up this board on this long weekend, we're already number 18; tell the world what you think about all this, about Matt and Tom, about this cannabis megatrend, and the incredible opportunity we have here in Global Consortium. This is going to be big, really really big! Go $GCGX...
Make this a great weekend everybody!
Why is it a shame; no news certainly could be good news; maybe they planted 600 acres instead!
See the following: I can't emphasis enough what a big deal this is for Global Consortium! Soon every state will get to this point and then we'll be supplying our high quality CBD Oil all across the country. $GCGX...
POSITIVE UPDATE FROM CALIFORNIA: On May 17th, the California Assembly’s Appropriations Committee passed AB 228 in a unanimous vote, which would expressly permit the retail sale of hemp-derived CBD in foods and supplements, and in topical applications. As of yesterday, the Assembly passed the bill on the House floor with a 61-0 vote. The bill will likely have add ons, bringing it to over 70 votes, and because of this, the bill will now be assigned to committees in the Senate for consideration, with a hearing potentially taking place as early as June 3rd. If you live in California, please visit our State Action Center today – urge your legislators to support AB 228. If not, please share with your friends and colleagues that do!
https://hempsupporter.com/resources/?vvsrc=%2fcampaigns%2f62622%2frespond
No, you are wrong and spreading wrong information. I will be the largest shareholder in LOFB when my shares drop and I no longer own any VGID either...
The only thing that counts is the number of shares you held in your account on the day of record, 10-31-17. What you did or didn't do with your shares on the day after the day of record doesn't matter one bit...
Yes, right on! $GCGX ROCKS!
Notice how the closer we get to the audited annual report some are getting more and more aggressive in denying the legitimacy of Global Consortium. I don't get it, $GCGX can't be stopped by this behavior no matter how aggressive because there is evidence to support the business claims, building claims, and claims of licenses! How do you deny that when it's public record? Revenue will surely follow in the upcoming audited annual report!
Furthermore, the fact that this company's first report hasn't been released yet isn't evidence of anything except that they are understandably dealing with a difficult audit considering the size and magnitude of the merger and acquisitions. Finally, there's actually a silver lining to being late with the annual report, it's the fact that the quarterly report will be released back to back and will back up, big time, the audited annual report; can't wait for the fireworks to begin! $GCGX, Go Matt, go Tom!
$GCGX is undeniably a Powerhouse and a force to be reckoned with! Next year we will likely plant four times as many acres of hemp with a full 1400 acres available to plant * 2 crops. And, there is the possibility of two additional farms, one in California and one in New York too already mentioned, wow! Go Matt, go Tom!
Okay, you're right, I suppose one could find it laughable without support for such claims. I'll tell you what, I'll support mine if you support yours. See the following support for my claims and calculations: I know you got a kick out of my last post, well, this one really packs a kick; enjoy!
Global Consortium is shaping up to be a cannabis powerhouse. The company is projecting 2019 earnings of $100 million dollars, however, according to the PR's and my calculations we could see more than twice those projected earnings. There is clear evidence that Matt is understating and over-performing!
For instance, if 15 acres of hemp CBD oil really does = $4 million as stated, then we can multiply that * 10 for the spring planting of 150 acres = $40 million dollars. Then we can multiply * 4 to get to 600 acres for the fall planting = $160 million dollars. Confirmation of this dollar amount is important going forward.
Now, I believe last year's hemp crop will show in the upcoming annual report as we were told also last year that they had time to build the extraction lab and still sell the CBD oil, for a premium, before the end of the year. Now, that's what I expect, although, if it's not in the annual report, no problem, then we will see it in the first quarter report due now also.
Let's summarize my 2019 estimated earnings, predicated on the results of the 15-acre test harvest:
150 acre Spring harvest = $40 mil.
600 acre Fall harvest = $160 mil.
Indulge Oils - Back LOIs = $38 mil.
Indulge Oils - New LOIs = $XX mil.
Infused Edibles/Half Baked = $5 mil.
Lake Tahoe distribution = $3 mil.
2019 Total = $246 mil., Potentially, not counting any new orders for CBD oil coming in weekly for the rest of the entire year.
Just for fun, now let's have a look at the following for a sense of what twice the estimated Global earnings might look like considering the combined income streams from: one Hemp Farm, Indulge Oils, Infused Edibles, and Distribution to Lake Tahoe:
Fully diluted:
OS: 1,200,000,000
Earnings: $50,000,000
EPS: $0.0417
Multiple: 24
PPS = $1.00
CEO's 2019 Conservative Projection
OS: 1,200,000,000
Earnings: $100,000,000
EPS: $0.0833
Multiple: 24
PPS = $2.00
OS: 1,200,000,000
Earnings: $150,000,000
EPS: $0.1250
Multiple: 24
PPS = $3.00
OS: 1,200,000,000
Earnings: $200,000,000
EPS: $0.1667
Multiple: 24
PPS = $4.00
Keep in mind, 24 is an average multiple in this stock market though stocks in the cannabis industry have traded as high as 240 times earnings; they can be highly volatile at times, think Tilray! $GCGX is undeniably a Powerhouse and a force to be reckoned with! Go Matt, go Tom!
Global Consortium is shaping up to be a cannabis powerhouse. The company is projecting 2019 earnings of $100 million dollars, however, according to the PR's and my calculations we could see more than twice those projected earnings. There is clear evidence that Matt is understating and over-performing!
Just for fun, let's have a look at the following for a sense of what twice the estimated Global earnings might look like considering the combined income streams from: one Hemp Farm, Indulge Oils, Infused Edibles, and Distribution to Lake Tahoe:
Fully diluted:
OS: 1,200,000,000
Earnings: $50,000,000
EPS: $0.0357
Multiple: 24
PPS = $1.00
CEO's 2019 Conservative Projection
OS: 1,200,000,000
Earnings: $100,000,000
EPS: $0.0714
Multiple: 24
PPS = $2.00
OS: 1,200,000,000
Earnings: $150,000,000
EPS: $0.1071
Multiple: 24
PPS = $3.00
OS: 1,200,000,000
Earnings: $200,000,000
EPS: $0.1429
Multiple: 24
PPS = $4.00
Keep in mind, 24 is an average multiple in this stock market though stocks in the cannabis industry have traded as high as 240 times earnings; they can be volatile at times, think Tilray! Go Matt, go Tom! $GCGX...
Exactly, and with this team pushing nationally in a big way, soon we will be pushing globally. Go Global! $GCGX...
Well, I guess one man's garbage is another man's gem: $GCGX is a diamond in the rough and the evidence is solid. If this wasn't the first audited annual report after a $40 million dollar merger creating a brand new company called Cannabis Consortium in the hottest industry in the world then I might not be quite as lenient. Go Matt, go Tom!
Folks, if we see somewhere in the neighborhood of $40 million dollars of assets in the Annual Report and upwards of $6 million dollars of earnings then we are off to the races and it will have been well worth the wait!
Also, we are at that point right now where it is the most difficult, you know, darkest before dawn, and many of you think this is time to do or die and believe it or not I am right there with you. However, this is exactly why Warren Buffet said that the stock market is a vehicle for taking money away from the impatient and giving it to the patient. And, with that in mind, everything tells me that I am exactly where I want to be. Furthermore, every one of those incredible runs I've seen in this cannabis sector took 2 to 4 years to play out at least: considering, I'm here for the long term and we are just getting started! Go $GCGX.
Just how long do you think a merger worth $40 million dollars should take?
I'm with you Billy and I think this partnership with Nightfood is going to be a big deal... $GCGX...
The Audited report has to come first. Then Matt said he would be filing the S1 to up-list by the end of June. We're close but we're not quite there yet.
In the meantime, let's compare our partner, Nightfood, trading at $0.60 on the otcqb and their revenue last quarter was just $160,000: there is Much better exposure up on the QB. Now imagine the possibility when we up-list to the otcqb this summer and Global is earning upwards of 100 times that per quarter, yes I do mean $16 million and is why Nightfood Holdings views this as a lucrative partnership. That kind of revenue is entirely possible for Global once all the extraction machines are up and running and I think they are by now. Couple that together with uplisting and the second quarter report, due out August 15th, it's going to get explosive around here; can't wait for the reports! Go $gcgx.
I'm expecting a flood of news after they post both the Annual and the First quarter report; likely they will post both tomorrow as the quarterly is due May the 15th.
In 2020 the Colorado Hemp Farm may plant all 1,400 Acres available times two plantings per year = 2,800 Acres. $GCGX
Yes and a fraction of this will make many of us millions! $GCGX
Infused Edibles/Half Baked: $5,000,000
Lake Tahoe Distribution: $2,600,000
$GCGX
Colorado Hemp Farm 2019
Planned Acres Spring Planting: 150
Planned Acres Fall Planting: 600
15 Acres = $4,000,000
750 Acres /15 = 50
750 Acres in 2019 = $200,000,000
$GCGX
Indulge Oils
Already has LOIs for $38.4 Million
Liters per day: 38
Dollars per Liter: $8,000
Working Days per Quarter: 60
Quarters per Year: 4
Dollars per Year: $72,960,000
$GCGX
The shares are created and authorized by finra based on the company, it's business, its potential earnings. Really, how does this serve your purpose?
That's not true, get serious here.
There were 1.6 billion shares outstanding on the date of record so, 135 million shares will be set aside for the shareholders. Now, Buzzy gets 68 million of those 135 million shares and if you remember, Buzzy said in the conference call that he will be releasing his shares back to the TA.
So here's what we know just looking at this from 30,000 feet: 500 million AS, 168 million goes to Medi Mike, 67 million to the shareholders, 68 million to Buzzy which he is going to relinquish, a few million to vgid, a few more more million to the board members, a few more million here and there and it looks an OS somewhere between 250 to 300 million shares. So, at 300 million we need to earn $3 million per year to equal $0.01 per share, times a multiple of 25 equals $0.25 PPS. Not bad, might take a year or so to get to there; I was hoping for that right out the gate but, this is not bad considering Medi Mike clearly has Nationwide plans for Patients CBD and the timing couldn't be better... Go $LOFB!
What kind of question is that; are you serious?
What kind of a question is that; are you serious?
You are correct. Matt said in the CC that he expected to file the S1 to begin the up-list process to the OTCQB before the end of June this year: I don't expect NASDAQ until next year when the stock reaches $4 dollars or higher. I hope they have accelerated the timeline by planting more acres of hemp in Colorado this spring than planned. After all, the demand for CBD Oil is coming online much faster than expected; we have $38.4 million dollars of LOIs already, probably more than $50 million by now, and all we have to do is fill the orders! $GSGX.
The audited annual report is all the proof we need and then followed up with the 1st quarter report, due by the 15th of this month, will be more than enough to launch this ship. Expecting millions in assets and millions in earnings... Go $GCGX!
Where's your proof; you can't just make stuff up!