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Correct me if I'm wrong, but the custodianship is supposed to be finished today, no?
Then filings will come shortly after
a R/S wouldnt make sense, plus companies are gagged on issuing any sort of non-public statement during the merging process. responding to a r/s question would be borderline illegal as its not public information
the market cap here is less than 1 million. thats a joke and a half
the nice thing about people claiming things without evidence is that you can replicate the exact thing they said they did, and see if you get the same response
so i messaged GEVI using the exact language he said he used, expecting the same response he got. but nope, not the case. super interesting
A good crop products about 2,000 pounds of hemp flower per acre for CBD extraction. it takes about 40 pounds of flower to make a kilogram of CBD oil.
50 kilos of CBD per acre roughly. A kilo of CBD sells for about $4,500
21,000 * 50 = 1,050,000 kilos of CBD
1,050,000 * $4,500 = $4,725,000,000 potential revenue. that's with a b, billion
Juniper Creek is already planted and growing per the images on the company's Facebook page
little extra DD. this CEO has brought a company public on the NASDAQ previously. Blaqclouds has offices in 3 different countries
https://www.linkedin.com/in/blaqclouds
the impending 8ks will send this thing to the moon. exciting times ahead
blaqclouds moved in based on the updated company profile on OTCMarkets
https://www.otcmarkets.com/stock/MAXE/profile
unbelievable is right. this is straight up painful
if people are using that chart to gauge the potential. good lord. with 1 mil market cap right now?
Zoominfo pegs Blaqclouds revenue at 6mil. market cap here is barely over 1 mil with a low float. lots of room to grow
https://www.zoominfo.com/c/blaqclouds-inc/433328232
Looks like he's an ex marketing director for Albertsons. Glad to see they are pulling competent management
This is shaping up to be a monster
What is the relationship between global cbd and champaco llc? I'm missing the connection
filings will not give insight into the current company. the filings would show the prior company, bringing the shell up to date. as to when they are coming, who knows. the company cant say much. mergers are normally gagged to prevent pump & dumps/ insider trading. you basically get them, when u get them
i can only base the valuation off of things such as zoominfo for revenue streams. regardless, this shell has a market cap of about 600k right now. which an empty shell is worth 500k. based off the company's website, i can assume they have a decent revenue stream at the least
my assumption will be that the total O/S can be traded unless otherwise noted somewhere.
if global CBD bought preferred shares. i have no reason to believe the float is something other than the O/S at this moment.
That being said, regardless, this is highly lucrative. more than a dollar is certainly achievable here. but i will be happy with a .5-$1 range. which should be very easy to get to IMO
The float is right around 22 million. The last 10Q states this and reflects the settling of their convertible debt.
$0.50 - $1 seems pretty reasonable to me with that sort of share structure and the company moving in
All I had to do was look at the prior stock this new CEO is tied to (which is listed on the 8k filing), to figure out not to invest lol
He took CEO of CN*A in an 8k, it ran up on a pump. Never went current, and dropped off. And now he's on this stock. sooo...rinse and repeat?
the timing of that job application with the meeting of GEVI and native roots seems too coincidental
exciting find
Nevermind about already being planted.
But estimates for planting hemp is roughly $500 per acre. So at 350 acres, they're looking at about 175k.
Buying a shell company is around 500k. So my assumption is money may not be an issue when it comes to planting. Especially considering they have 10 large greenhouses already built and producing. Along with what other land they have
That looks planted already, no?
On their Facebook page there is an image from April 23rd, with greenhouses being built. They reference the 350 acres there.
It looks like the greenhouses are about done and already seeded from what I can gather
I was able to find quite a few things on their operations.
Possible relationship with live green, native roots.
Partners with zeoform.
10 green houses built in may 2019.
350 acres of hemp planned for cultivation in 2019
22 acre organic hemp campus purchased and building
Most of the land appears to be ready to grow. Given this, I do not anticipate that the company is in need of financing. As most of their projects appear to be paid for and hemp is planted. Should work out extremely well for holders here
thanks for passing it on. you can pass on from this board now
I noticed that as well. Whether they work with native roots, or just with the branding officer, im under the impression that this could get pretty big, fast.
Especially when considering current market cap and share structure
There has been no filings and this is relatively off the radar for most people. An average person would have no way to know a merge is even coming
So I wouldn't correlate current buying volume to potential. When there is minimal linking this company to global cbd at this time
grabbed quite a bit yesterday. excited for this to play out. imagine filings will come soon enough
if this company actually does 6mil rev and is profitable. (i am assuming it is, if its growing). the run on this is going to be obnoxious. a market cap a 200k is laughable
as a bag holder here, i can tell you guys with certainty. at least 2 million of the 26mil float is locked. its really just a matter of when this company gets a little recognition and this will explode
Heres the form showing the hedge fund buying 31.7% of the total O/S.
(40,505,305 shares plus the right to another 10,130,285 in warrants)
https://fintel.io/doc/sec/1487237/000107878218000217/13da3022218_sc13dz.htm
Assuming this is the case, what does that translate to in terms of what to expect here
Informative post. Definitely explains the type of trading I see on these types of plays. Appreciate the response
Excited to see what the future holds here
this MM has to be short on it. who else would be crazy enough to sell anything at all right now
i agree that this seems realistic as a current price target.
bare in mind that revenue doubled over the prior 9 months on that income statement. so we could actually have quite a bit more in revenue in the works than we have seen.
.30 is a good place to start, but seems the sky is the limit long term. the profit margins are outrageous. im really excited to see this run
name change babayyy!
IMO this looks like it could crank out returns. the company that merged in is not a small company by any means and have multiple distribution channels in multiple countries.
im pretty excited to see how this pans out
company merging in looks pretty legit. could be a real good play here. low float
https://int.natur.eu/
Seems you and I find similar plays ;) I agree. Looks like this could be a good one, took a starter today to see how it goes. share structure looks good
i agree, just a matter of time now
no one puts up as much money as that buyer did without knowing something is coming. $40k bids all the way up to 3.35 would be absolutely outrageous on a shell without knowing something
someones buying more here than they are trying to make it appear.
ARCA's bid is actually bigger than 200 right now
someones buying more here than they are trying to make it appear.
ARCA's bid is actually bigger than 200 right now