InvestorsHub Logo
Followers 5
Posts 641
Boards Moderated 0
Alias Born 01/31/2014

Re: Tweedlede post# 11074

Thursday, 11/06/2014 6:59:40 PM

Thursday, November 06, 2014 6:59:40 PM

Post# of 128550
My assumption is based purley on the fundamentals going forward. Aqusition, election or any other factors well then who knows. At the end of last Quarter the had an inventory of approx. 1 Million.

I really don't know what they had at the end of Sept. Probably not much as they opened up the registration. However, if you look at just NOTL greenhouse. They shipped 5600 plants there in August
which they are harvesting as I type. Some say in a green house environment that 300 grams per tree
is reasonable. Let's say the first crop it was only 200 grams average per plant. Let's also say 10% of the crop failed, so I will round off to an even 5k plants. 5000 X 200 = I million grams. At $7.00 per gram that's 7 million in inventory going into December. Add in the 6 grow rooms in the old Hershey factory now and the sales for the month of December and I would assume possibly $10 million in inventory for Q1 2015 All speculation on my part, but that is my guesstimate!