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Wednesday, August 15, 2018 6:32:55 AM
READ STERVC post... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142890560
Then focus on this part...
Catalyst #22 ** $RSHN and $GRPS both will have a significant stake in the WRSA water rights that will irrigate all of their Industrial Hemp (marijuana/cannabis) operations and more:
Quote:
http://www.xyzhemp.com/
With extensive Colorado water rights independently valued in excess of $40,000,000 (with additional recent market data suggesting much higher values) organic certification, abundant agricultural acreage, and in-place state-of-the-art processing facilities and laboratory, this will be our primary funding effort.
Western Sierra Resource Corporation’s growing operation will be infused into the public company and most likely will be one of very few truly organic, vertically-integrated producers of grow hemp, and organically processed CBD and broad spectrum pharma grade retail cannabinoid products in the United States, and likely remain so for several years.
Laboratory separation of over 100 cannabinoid elements (in addition to CBD) for use individually in specifically formulated health care products and treatments, in addition to scientific broad-spectrum compounding of those elements for formulation of myriad wellness products for both human and animal treatment will undoubtedly lead to a host of additional retail products to be developed over coming months and years.
Our conservative revenue estimates is in the $200 million range. XYZ Hemp will own 25% of the water rights and of 25% of Western Sierra Resource Corporation’s ownership interest in the grow, extraction and retail development and distribution operation.
Per the recent $WSRA filings:
Quote:
https://www.otcmarkets.com/stock/WSRA/disclosure
https://backend.otcmarkets.com/otcapi/company/financial-report/199400/content
FURTHER... look at the recent NOL for $WSRA... over $30 Mil in Tax Net Asset Loss carry-forward
WESTERN SIERRA MINING CORP. NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018
(Unaudited)
Deferred tax asset:
Net operating loss carry-forward
Valuation allowance
June 30, 2018
$ 12,058,000 (12,058,000)
At June 30, 2018 the Company had net operating loss carry-forwards totaling $30,149,224 that, if conditions of the Internal Revenue Codes are met, can be carried forward to offset future earnings. These carry-forwards expire in various amounts through 2038.
https://investorshub.advfn.com/$UPER-$TOCKS-DD-and-RESEARCH-FORUM-31721/
ALL POSTS are just opinion! Never BUY/SELL based on them! MUST consult licensed stock broker!
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