Tuesday, November 06, 2018 11:17:34 AM
For example: To raise $120M some time next year will cost the company 4.8M shares only. A dilution of 3.5- 4.5% THEN. Compare that to other CBD competitors that have raised money recently. CWEB, ELLXF and ISOLD.
And the company doesn't want nor need any CASH raise right now. The management team i very smart, I'm sure they are looking forward to this situation. That's why they haven't sold a single share YTD. They will be able to cash in just a small part of their holdings next year and still keep the bulk for when the stock really appreciate above $75-$100.
CVSI is performing in the 25%++ range of FCF. CVSI is going to make $22M+ of FCF next year EASY. The current TTM FCF rate is $8.14M out of $33.25M which comes to TTM FCF = 24.48% And improving fast.
This are facts about the actual trends.
Just an example:HIGHLIGHTS:
ELLX$
AUD/USD was 0.73 for this transaction.
A dilution of 21% for $29.2 USD
This company sold $7+M USD last quarter and just turned profitable and is trending nicely which is very good, but in comparison CVSI is the Big Kahuna of CBD. The same happens with all competitors. CVSI's efficiency is unmatched.
https://backend.otcmarkets.com/otcapi/company/dns/news/document/33501/content
Recent CVSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:54:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 01:28:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
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