Saturday, September 19, 2015 7:09:59 AM
PMB$ is run by someone who is, shall I say, business challenged and marketing incompetent. But I was actually a little pleased to get the fluff PR yesterday. Logically this release tells us that DSCR will not only be planting for the 2016 season, but the kicker is that they have made the commitment to actually process the upper stems and leaves for CBDS. And We know that's where the real money is.
I think they went with seed harvest only as they had (really) no money. Seeds are the least risky product to a cash strapped Co. like DSCR. Here's the kicker: IMO they still have not made one penny from the 2015 harvest. They have to continue to explore and work to try to sell their remaining product as well as purchase/planting of 2016 seed hemp. This explains the raising of our AS to 5 Billion. The Reason?
My gut bet (which reassures me) about this "initial promotional (package) of 1,000 lbs of hemp seed" is that this promotional package was free to I-B8 to 'cement the deal'. IB8 is a very small company (They had a big management turnover about 1+ yrs ago) that is hurting big-time as well. The Two have to work together. Once I-B8 is successful in the marketing/selling of the hemp seeds there will be a guaranteed market and the money will flow into DSCR.
I'm still cautiously optimistic. LONG DSCR
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