GB Sciences Inc (GBLX)

[jefra1965]

The timeline seems ambitious but very possible. The TECO expansion was been held back by the Pacific Leaf 16.5% royalty. With that gone, there is nothing impeding the expansion. The CEO mention in his last interview (April 18) 6 weeks to commence the expansion. That's 4-5 months to build and 3-4 to produce.

About the legal and political issues. I didn't consider any of that. If they come and when they come, this will just add to the stability of the operation and stock price. I don't consider it because I know it's coming but don't know when..And yes there is plenty of cash waiting for all these things to happen.

When I asked the CEO about when to break even. (I asked in three 3 different occasions). The answer was the same. I implied that the expansion was needed to achieve breakeven and he corrected me saying that with the CURA oil operation alone he would reach break even. That he was $200K per month shy of break even. That no expansion was needed for that. So the operation will be profitable within months. Maybe 4 to 6 when the royalties from CURA reach $250-$300K. Let's not forget that the efficiency is improving so TECO is probably selling $575-$600 a month.

The tissue propagation process is very valuable but it has not been and will not be patented in the near future. It is still been develop to achieve 90%+ efficacy. It is a fundamental part of the medical grade oil business and it holds plenty value once cannabis becomes legal. I think this part of the business will be develop in partnership with LSU from what I could understand. Selling small certified plants could be a big business.. according to the CEO.