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Perfect, some shares for Matt to buy! $GCGX...
You are right about that Billy which is why I topped off my tank this morning. I'm expecting the buyer to come in or an update. Either way I think it'll be good for shareholders...
I don't think I said today though if you still need to top off your tank you might want to plan for today. After all, Matt did say this week for the April sales update and if you remember he did say Indulge Oils update before the end of the month and that was the month of April not May. Considering, we could get an update at any time now. $GCGX...
Exactly! $GCGX...
From Q1 report:
"Global Consortium, Inc. (“GCGX”), through its wholly owned subsidiary, Global Consortium Holdings Inc., owns Indulge Oils, a Cannabis Distillate. Indulge Oils is currently being manufactured in Sacramento, California, by Global Consortium Group, LLC a licensed cannabis Manufacturer."
Now, we have all seen the tweets regarding the agreement with Global Group where Indulge will receive about $2,100 per liter of THC oil in a 25/75 split.
Again, from Q1 report:
"For 2020 the Company will focus on fulfilling the current order in place for 25 liters a day with a conservative estimate of $2,100 per liter paid to Indulge Oils. This assumes the buildout of the extraction room and the inspections passing. Should Indulge deliver a product in the mid to high 80’s in potency, then the price per liter could increase by $1,000 or more earning more money for Indulge since the costs will stay the same."
Now, we know subsequently that the extraction room was completed and the inspection passed. We also know from subsequent tweets that the potency of Indulge's oil is approaching 90% or better. So, it looks like Indulge will get paid, $2,100 + $1,000 dollars per liter =
$3,100L * 25 a day * 30 days in Apr. $2,325,000 = Global Holding's share.
$9,400 per liter @ 90% potentcy.
$2,100 = Indulge's 25% + $1,000
$6,300 = $GCGX 75% share.
$6,300L * 25L day * 30 days in Apr. $4,725,000 = $GCGX share in Apr.
* 3 months in Q2 = $14,175,000
Now, Matt mentioned earnings so the following estimate may be conservative. Anyway, if I'm reading this right and the split is right then $GCGX annual potential, from a revenue standpoint, @ 50% margin is as follows:
Qtrly Rev: $14,175,000
Yearly: $56,700,000.00
Margin 50%: $28,350,000
Yearly EPS: $0.0217
Multiple: 24
PPS: $0.521
$GCGX...
It's all there in the report; please check my work. Like you, until I see the report I am uncertain but I like these numbers alot. Go $GCGX...
Good, then I'll get to buy some more shares! $GCGX...
Well, as everyone should know by now, especially for those who have followed this stock and it's CEO for the last 2 years like I have, it's difficult to build a legal cannabis business in this market or any other for that matter but the prize is great and worth the wait. We know now that there are many obstacles and hurdles to overcome and we know all about the delays and setbacks too but all of that is water under the bridge now...
The fact is, Matt has persevered and he has survived where many others have failed. This is here and now and we will soon have the proof that everyone is looking for: revenue, lots of revenue, and quarter over quarter growth as far as the eye can see, woohoo! Go Matt, go $GCGX...
Punch and counter punch your way to number one... Come Monday morning, we could be, likely will be number one on the breakout boards and then when the news hits, look out, gonna to be be explosive! Go $GCGX...
Bingo, keep it up, good job! $GCGX...
Pending news, activity, number of post, interest in the stock, revenues, new products, expand the Indulge brand, and so much more! If you're not buying this stock right now you're missing the boat!!!
$GCGX is the diamond in the rough that we've all been looking for, and next week is where the rubber hits the road, where GLOBAL shows revenues and that this OTC stock is producing when so many said it couldn't be done. Now, that is rare indeed and so exciting in the midst of this cannabis megatrend especially given the fact that we own a piece of this company in the largest cannabis market in the world... Wow!
Keep it up, it can't hurt, after all, we're number five on the breakout boards, woohoo! Go $GCGX...
Proof is in the pudding... Go $GCGX...
You said it, $GCGX isn't a scam!
He didn't walk away from TGGI, it ain't over till the fat lady sings! GO $GCGX...
Again, most investors would never wish such a thing on other fellow investors...
Wrong, your quote:
".... Ohhh, that would be illegal..."
It's perfectly legal in California, no, the only thing illegal here is marijuana at the Federal level. Meaning, if Global wants to uplist they must not touch the plant... However, that will not stop Indulge oil from touching the plant, will not stop Global from earning money, and will not stop $GCGX from uplisting to the NASDAQ...
You're looking at the filling, Amber Gold, Indulge's THC oil that is: 85% pure, 85% potent, and $8,500 per liter, woohoo! Go $GCGX...
By good news I assume you mean that our 1.75 billion shares is potentially yielding $175,000 dollars per day. Now, assuming that we don't even work on the weekends, $175,000 per day * 20 days per month = $3.5 million dollars per month * 3 months = $10.5 million dollars in Q2.
Now that's good news; especially for starters: $10.5 million dollars in Q2, right out the gate, brand new company, really good news right:
Qtrly Rev: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0153
Multiple: 24
8/15/2020: $0.368
See the following tweet: It just doesn't get much better than this and it's sexy too.
$GCGX Shareholders, thank you for your continued support. Today's announcement signals a major shift in our company, and we are excited to share with shareholders some more significant updates. Please stay tuned to our social media outlets and Press Wires. https://t.co/rQrYIS3ZOd
Not only have we already been to one cent, GCGX ran all the way up to 11 cents.
1 to 10 cents is a good short term target and legitimate as we make our way onto the OTCQB this summer; 1 cent is minimum requirement for OTCQB. Longer term Target, 1 TO 2 years, is 1 to $4 as the minimum for the NASDAQ is $4. Go $GCGX..
Lucky for $GCGX shareholders that Matt is not focused on TGGI right now. He is completely focused on Global Consortium and expanding Indulge Oils. If you are a $GCGX shareholder you should be pleased.
You're right, see tweet below for promise of Indulge Oils update end of the month, which is today:
Global Consortium, Inc. (@Global_GCGXOTC) tweeted at 7:20 AM on Fri, Apr 24, 2020:
$GCGX is pleased to announce that all convertible debt and accrued interest has been eliminated off the balance sheet. We look forward to announcing updates on Indulge Oils next week before the months end. https://t.co/PV84WniFkm
(https://twitter.com/Global_GCGXOTC/status/1253690294782046214?s=09)
The previous tweet was a promise to update THC oil sales for the month of April. We were told that update would come in the first week of May. That said, I expect both updates could be rolled into one and will come sometime between now and next week! $GCGX...
"All sales for the month will be reported at the end of the month or the first wk of the next month. April sales will be reported in May. The S1 will be worked on over the summer, it will take sometime to get the audit completed that comes first."
(https://twitter.com/Global_GCGXOTC/status/1247701873802575874?s=09
Thanks man!
Okay, here's the deal for all you flippers and wannabes. Be warned, there's a new kid in town with a fire in his belly! This kid believes in Global Consortium, he's hungry, and he's gobbling up all your shares. And if Global isn't already buying up your shares too, well then, they will be soon enough when the share buyback program kicks in!
Folks, we are just waiting for word, the all important press release, stating that we are in business now, manufacturing and selling THC oil! When this happens, it's a game changer and the pendulum will swing the other way. I'm ready, I can't wait, I'm hungry, and buying up all the flipper shares I can get my hands on, and I've got a boat load already of $GCGX shares, woohoo!
According to what Matt has said, I think the audit will start again sometime in May, will take up to 3 months, and by the end of Q3 we will have uplisted to the OTCQB or we will be in the process at least! Go $GCGX...
You're right, it's sad that some will never get it. Matt will make money when he takes this company to the NASDAQ and imagine what $4 per share will do to his pocketbook. Now, just imagine what a $4 PPS will do to yours and my bottom line.
Even if what you were saying were true, which it's not, you'd be accusing Matt of destroying everything for chump change. It would be like bending over a dollar to pick up a penny; nuts, just pure nuts...
$GCGX...
Do your DD:
EVEN IF ONLY A FRACTION of the revenue projections are true, with little to no debt, Global is going to be a player in this industry. And, to be one of the big boys in this Cannabis Industry is a big deal!
GCGX = $$$$
You're right, first came the license, then came the building, then came the permits, then came the inspection, and next comes the sales. You can't put the cart before the horse and, for everything there is a first and our first THC oil sales will be in April of 2020; 4/20, how apropos! $GCGX...
Your post below:
"Right!! When Nothing comes to fruition in the next few months, we'll see the same tune being sung. It's really sad the amount of fraud and deception companies can get away with in the otc markets!"
My response below:
Well you could have said that many many times, IN THE PAST, due to all the delays. However, that won't fly anymore due to the fact that we are now fully licensed and in full production...
Going forward, we are just looking for results: proof of production and proof of sales. And to that end, Matt promised that he would report the April THC oil sales number by the first week of May, rather than keep us waiting until the Q2 report which won't come out until the middle of August; that's a long time to be sitting on pins and needles.
In that regard, I appreciate Matt's transparency and promise and I can't hardly wait: I'm expecting the oil sales number to be good. Up until now I think Matt has been downplaying the oil sales to give himself a chance to buy back as many shares as possible at these ridiculously low prices!
Remember also, we've been in partial production mode since October just waiting for Final Inspection of the vent project in order to complete the last two stages of processing. Well, we passed Final Inspection already and are finally in full production mode. Now, I don't know how much slurry they produced and is ready for final processing though I envision Indulge processing THC oil like mad right now as I see crazy demand in my vision for our purest and finest THC oil while we are in the midst of this pandemic and lockdown. This is just one more reason why I expect the sales number for April is going to be better than we think!
Bottom line, if the April THC oil sales number is good then that's all the proof I need that there will be no stopping Global Consortium now! Pretty simple, straightforward, and incredibly exciting times are just ahead! Go $GCGX...
We're number seven on the breakout boards, right behind TILRAY, we're getting a lot of attention, and we will light up the Twitter universe next week. Go $GCGX...
It's a cannabis manufacturing mall and he hasn't given up...
Your quote:
"GCGX Will Never Regain OTCBB Status"
TO BE PRECISE, $GCGX WILL ATTAIN OTCQB STATUS...
GO MATT!
Like I said before, Matt is totally and completely focused on $GCGX and the results are clear: fully licensed now, Cannabis Mall build-out is complete, in full production now, it's full speed ahead, and we were promised results from our first THC oil sales for the month of April by the first week of May, and for each month to follow in Q2.
Folks, This is happening here and now, not some distant time in the future, it's happening right now, and I expect those numbers to be good. Remember we've been producing slurry, since last October, with three machines each capable of producing up five liters per day Just waiting for final processing....
Now, imagine owning a cannabis business, in the largest cannabis market in the world, right in the middle of a cannabis megatrend and, we were in the middle of lockdown because of a pandemic where the people have nothing better to do with their time than relax and self-medicate. Hey, You know what, I don't have to imagine because That's exactly what's happening here and now and, I do own such a company already, about 1.26% that is, woohoo! Go $GCGX...
Folks, Global Consortium is a gem: admittedly still a diamond in the rough, but that's all about to change when the press releases and reports start coming out such as:
1. Now Manufacturing THC Oil.
2. Installed New 15L Oil Extractor.
3. Processing, Distribution, Testing.
4. Lake Tahoe MJ Distribution.
5. Nightfoods Half-Baked Edibles.
6. Audited Annual Report.
Now, the audited report will show that we have assets, earnings, legitimacy, and the opportunity to up-list to the OTCQB. Going forward, once we've uplisted to the QB, the plan is to jump to the NASDAQ.
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 for the big boards. So, one step at a time: first we audit and then we up-list to the OTCQB. Matt has been saying that once the audit is complete he would file the S1. And, as some of you know, when the S1 is filed, up-listing is imminent, likely by end of Q3!
Then, it's only a matter of time, application, assets, volume, PPS, and market cap before we uplist to the NASDAQ. I had thought it was a legal issue too though Matt addressed this concern and my legal question by stating that they had created a Chinese Wall in order to maintain a hands-off approach so the company doesn't touch the plant itself and therefore eligible to uplist to the NASDAQ.
There has been much ballyhoo about all of this, you know what I mean, but I think it's a novel approach! Some of you may not know, that there is not a single pure cannabis play on the NASDAQ or any other major exchange in the United States; Canadian companies yes and ancillary companies too but not a single U.S. based company. Anyway, I'm glad this legal issue has been addressed because now it's full speed ahead! Seriously, with this bold approach we might be the first pure cannabis play to hit the NASDAQ!
I am so looking forward to the entire process. Over the next year or two I will be watching closely, our progress towards satisfying the NASDAQ listing requirements, and at the same time watching Congress pass bill after bill on the way to full legalization; just like in Canada only better. Better, in that all of Canada only has a small fraction of the cannabis market that we have in the United States. For instance, our California market alone is bigger than all of the Canadian market is!
When it comes to legalization, Even in the middle of this pandemic we are still moving forward in so many ways. 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, 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. It may not happen in 2020, but it will happen and sooner rather than later! In fact, congressman Blumenauer thought that 2019 would be the year the United States fully legalized according to his Blueprint for Legalization. Anyway, legalization didn't happen in 2019, side tracked I guess with the impeachment and all that, and due to the pandemic, it may not happen in 2020 but mark my words it will happen and soon!
Things are moving so fast in the cannabis industry right now that it's official, we are truly witnessing a Cannabis Megatrend sweeping, not just the nation but the whole world! I don't know how Global Consortium can keep up in this brand new and fastest growing industry in the world but they are. In fact, it's clear, to me at least, that they are not just keeping up but are one step ahead! For instance, since legalization in California in 2018 there were at least 42 applications in the Sacramento area for manufacturing facilities, not like our Cannabis Mall but they were manufacturing facilities none the less, and we are now only one of two successful applicants... The rest either gave up or filed for bankruptcy. Better yet, we are now finished with our initial build-out, done with final inspection, and will be selling our purest and finest THC any day now, woohoo!
You know, it was stated in the year-end update that we would be at or near full production going into the new year! Unfortunately, we were a little delayed with permits and the build-out. Anyway, we are up and running now, the oil spigot is on, and we have a 25 l per day contract to produce THC oil, all we have to do is fill it. And, get this, last year we had letters of intent for THC oil worth in excess of $38 million dollars and I suspect those orders will come back shortly as we ramp up towards full production. Ladies and gentlemen, it's go time!
Now, in going forward it is anticipated that in order to keep up with the demand for THC oil, Global would need to purchase and install a new large 15L oil extractor. Well, I'm happy to report that the machine has been purchased and the room to house the machine has been built out, and the inspection too was included in the final inspection. And, they certainly turned that machine on too, right along with the other three machines we already have, each producing 5 l per day for a total now of 30 l per day. Let that sink in for just a minute; right out the gate and we have now doubled our capacity!
Folks, it looks like we now have or will have the capacity to fill all those back orders and all the new orders too that are coming in. Do you know how much money that is per quarter, per year: 30 liters per day = $20 mil per quarter, almost $100 mil per year, and that's for just this one income stream alone: $100 mil per year in earnings is worth, who knows how much, at least a buck or maybe even two bucks PPS...
You know, I think we've been concentrating so much on THC oil that we might be missing the better part of this whole deal, as if this isn't good enough already! Let's consider another income stream, potentially as lucrative as THC oil but, likely even more lucrative and it hasn't hardly even been talked about yet at all even though it is a big reason why we are where we are today!
Tom Roland, known as the MJ Ninja, anticipated the Health & Wellness phenomenon too, due in part his effort to help his sick mother, and he built Indulge Oils which, as you know, Global acquired. Then, skipping forward a bit, happening right now in fact, all the big box stores are carrying or will cary hemp products, to include CBD oil: CVS, Walgreens, Walmart, Whole Foods, Kroger's, etc.! Add to this, the fact that California passed, last year, a law allowing CBD into the food chain, and that's the biggie that all the big box stores have been waiting for, oh my!
Ladies and gentlemen, it's time to start your engines because the gates have been opened and we can expect demand for our purest CBD oil to shoot through the roof! I expect soon we will be manufacturing both THC oil and CBD oil too! https://t.co/AG7QRx0JYq.
I don't know how Tom anticipated all this but it's clear that he saw it coming! One more thing on this subject, now we have CBG and CBN too on the horizon and gaining in popularity, woohoo! We're going to need a bigger building!
All Things Considered, not bad for a brand new company. In fact, explosive right out the gate and that's just for starters. We are off to the races and in a big way with projected first half of 2020 earnings to be $20 million dollars. That said, The delays did prevent us from booking revenues in the first quarter, however, we will be making up for lost time now in the second quarter and, it will be a full quarter. I am expecting revenues anywhere up to their full capacity of $20 million dollars of revenue and just like that we are right back on track!
All things considered, and the numbers we have been given already, I think that last year's projected $100 million dollars is possible this year in 2020, even with the delays still. And, with a number of new revenue streams coming online this year, next year we will likely far exceed 100 million dollars! I like that, under promise and over perform. By the end of 2021, when all of our income streams come online, we could be looking at a prize worth hundreds of millions of dollars in both assets and income and we could be riding high on the NASDAQ, pun intended!
Certainly by now you see my optimism and enthusiasm and why I am so looking forward to the rest of 2020, and just giddy to even think about what 2021 might bring for us. Everything in this post is based on publicly released PRs and tweets over the course of the last two years and 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!
All things considered, Tom Roland might just be the MJ Ninja after all... And, to bring it all home, just as he was ready for all this that I've just laid out for you, so also he will be ready for full legalization of marijuana in the US: think Tilray and their incredible run up to full legalization of marijuana in Canada in 2018, where their stock ran to $300 PPS!!! . Just think about what a $3 PPS would do to your bottom line, let alone what a $300 PPS might do!!! Way to go Tom Roland! Go Matt, go $GCGX...
Next couple weeks are going to get mighty interesting around here and I'm going to poke around here just for the fun of it! $GCGX...
$GCGX, number 6 on the breakout board! Imagine that, without so much as even a PR, hmmm! Go Matt!
So then, if I hear you correctly, so long as Matt posts a report of revenues for April, within the next couple weeks, then you won't call him a liar. Folks, mark this post! $GCGX...
You have to start somewhere! $GCGX...
I guarantee you that there is no company out there like this one, not anywhere, that has been beaten down due to delays, has survived, with a PPS of $.0022, but is now in full production this very quarter, Q2, with the potential to produce in the neighborhood of $5 to $15 mil, that's millions of dollars with a capital M...
Do you know that for an OTC company to produce even $1 million dollars per year, that makes them a 1 percenter? Global Consortium has both the capacity and potential, with our letter of intent already, to produce $5 to $15 million dollars this quarter alone. And from Q2 the sky is the limit and we start growing quarter over quarter. Folks, don't let anyone destroy your hope, there is no looking back now, $GCGX is here to stay... Go Matt, Go Tom!