Tuesday, June 12, 2018 8:43:39 AM
On this one:
You spoke of 8 months. There should be far more than one or two harvests completed in 8 months.
First harvest will be 3 or 4 months, that is true. But each harvest thereafter should not be 3 to 4 months apart because they will "likely" stage plantings for regular harvests on a recurring basis.
Perhaps IP will restate the planting and harvest cycles that are likely, or you can search for what he previously stated. Smaller harvests every one to two weeks instead of one massive harvest every 3 to 4 months I believe?
The total square footage will also increase as they add more cultivation. Multiple plant breeds for different products will also be planted, with different harvest cycles.
Harvest revenues will increase over the next full year. Should see the first real improvement on revenue from harvests in Q4 (some small harvest revenue in Q3, but not full or "large" at that time).
Owning 30,000 shares I would do my best to support the companies current expansion goals, and help newbies understand what that expansion will mean for investors.
Expansion goals coming to fruition will increase revenues, increase investor confidence, attract new investors, and that should all lead to improved PPS which is exactly what you want.
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