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THE NEXT TWO/THREE ANNOUNCEMENTS SENDS THIS SOARING! SMP has the same physical address in SF as RAD. Will SMP become the second major acquisition? Stay tuned...
"It has come to our attention that the individual is a CFA so the company is filing a complaint with the CFA."
https://www.cfainstitute.org/ethics/conduct/complaint/Pages/index.aspx
4.4M shares O/S, cannabis revenues and no debt. These are all very positive indicators.
"Going forward." We will add that to the discussion.
4.4M shares outstanding, cannabis revenue and no debt. A dividend and officers who work hard and don't take a salary. GLTY UF
You'll have to provide real reasons why you believe this to be the case and not just rage. That's not an argument. UF
This is where the company is headed based on their plan to develop a minimum of 152K sqft COMPARED to the darling of the cannabis industry; the one that many claim to be the "benchmark". If they pull this off, we're talking 40Bagger - 50Bagger here! It will take some time for it all to come together, but even if it's 12-18 months, that'll be here before you know it. Based on these numbers, it's definitely one you want to begin accumulating to lock in your share of the float. GLTA UF
Good odds of that happening soon. 4.4M shares outstanding, cannabis revenues already being generated, no salaries for officers, a monthly dividend and also no debt. Show me a ticker that's comparable and I'll buy it!! UF
Dude, I'm the most cheerful old fart on the planet! I just call 'em like I see 'em. One's missed a deadline. The other's just getting its sea legs. It's all good. Glad you made some money on both. UF
Get or Got? Looks like that's their status, right?
Right on, Ruk!! Glad you're here! UF
You can put "back stabbed" and "fester" in all your posts. It's cute and clever, but we are both just two of 20, 30, 40, hell, maybe even 100 long term investors in this company, many of which came over from OM*S, another company that you've talked yourself out of, not cheerleaders or pumpers as you call them. I'm not going anywhere and neither are the rest so welcome back. Your opinions are always welcome. GLTY UF
Riiiight. We all believe you 100%. Keep up the great work! LOL
So you talked it down to 60s, went away to let it run and just sold your 60s at 70 and now it looks like you're here to talk it down further. Some plan. Let's see if it works.
Market Cap now under 3M on a cannabis stock with revenues and no debt. Laughable. Coordinated take down in progress.
No toxic notes. As a matter of fact, no debt. GLTY UF
4,431,771 O/S, No Debt, Cannabis Revenues
Wrong. Permitting in place.
4,431,771 shares outstanding as stated many times and as discussed above...oh and no debt...and new revenues in August. Best of luck to you. UF
Thank you for at least keeping it rational. UF
That's true of any company. Why would they when they just recently reduced? Not likely. UF
No matter how you slice it, a max of 7M shares and 152K sqft at $200 per sqft annually = $4.34 at just one times sales and $26.05 based on P/E at a 15X multiple. I like our chances here.
They sold 400K shares from the S-1 and pocketed $340,000. For every 400K shares, at that same rate, that's 28K of additional grow space or $5.6M in revenue.
That's a 16X return for company and shareholders. Nice...
Thank you, Mary. UF
Should be interesting...
The Company has decided to hold an additional shareholder event on September 16, 2017. This is due to the overwhelming requests from shareholders. The Company will pick up those that have reserved a spot for the tour at 10:30am at the Courtyard by Marriott Salinas Monterey (located at 17225 El Rancho Way, Salinas, CA 93907) and drive them to the farm. On this visit to our current operations, we will also take the time to visit the proposed 750,000 square foot expansion facility which is all interconnected and all located on the same property.
"On a side note, we do not like debt of any kind and throughout the expansion, for the life of our business, we want to keep debt completely off the books or at least to a minimum. We currently have $300,000 in debt and that will be paid off in full immediately. That will leave us with $40,000.00 in expansion capital from the first tranche. Each subsequent tranche will also be negotiated in 400,000 share increments and we expect similar or better results with each."
4.4M shares, no debt and a great opportunity for growth in PPS through upcoming expansion. GLTA UF
It's explained above.
I can share that with you. It's 4,431,771 shares outstanding with no debt and revenue already being generated. It's in the PR from August 24th above. Take care. UF
Good luck with that. I wish you well. UF
And one is a master grower. I think TJ. GLTY UF
Well I hope you find one of those. GLTY UF
We know what he's thinking now. I've got a ton of shares locked up for three years on a top notch cannabis business with only 4.4M shares outstanding and no debt. If I put my head down and work hard for three years, my stock will be worth millions. I like an operator who works for a living vs pushing paper. Already creating revenue and expanding operations. It's all good. UF
Well good luck with that. It's your prerogative. Many of us choose to trust what's being said in order to get in early on a great potential play for the rest of the year. 4.4M shares and no debt. GLTY UF
From Garett: "We are on track for the 31st, but we respectfully ask everyone to PLEASE stop with the emails asking the exact same question. It is slowing us down. Over 1300 emails today and it's clogging up the system. Let us do our work. Thank you."
That was a text he just now asked me to share. Please give them some breathing room. Thanks. UF
I have no idea, but isn't it interesting that they sold 400K shares only so far and raised $340K which in square footage of grow space terms will give them about a 16X return on their money in revenue. That's pretty good numbers in my book and keeps the toxic debt off the books. Why don't you call them and see if they'll sell you one of those blocks of shares? Maybe you'll be able to lock in some long term shares that way. GLTY UF
Good luck to you on that. UF
But see, we're on this board to talk about SIGO and this CEO has done a bang up job keeping us up to speed on all of his developments, including locking up his and her shares for three years, paying down all the debt, keeping that 4.4M O/S count low and already creating revenues, but thanks for the heads up on old issues. Some may find it helpful. GLTY UF
Thanks for those kind words, but like many others here, I choose to trust the CEO and what he's telling us about his 4.4M share company with no debt and cannabis revenue already being generated. GLTY UF