InvestorsHub Logo
Followers 3
Posts 972
Boards Moderated 0
Alias Born 01/24/2017

Re: HokieHead post# 402

Saturday, 12/08/2018 8:54:34 AM

Saturday, December 08, 2018 8:54:34 AM

Post# of 727
Don't believe everything you read, facts are:

1. Seedo yield costs are 10 times higher (or worse) than Cloudponics when including the cost of the equipment, the cost of the nutrients, the cost of the electricity and all other related costs, over the first 5 years of ownership (and strictly on a yield basis into perpetuity), due to the fact that the Seedo produces 4 ounces per year and the Cloudponics produces 56 ounces per year, simple math, basic facts, no emotion

2. The company said they would deliver first units in Q1 2018 but didn't. Now they are saying these units are delayed to Q2 2019 and providing no guidance as to issues, why etc, so lets not hold our breath for a prototype game changing medical cannabis magic box that is somehow better or different than what they are trying to deliver today, if it was, they would have already pivoted to it as their signature product, prepare for the next disappointment as this will be it come beginning 2019, I could probably write the communication myself from all their previous disappointing delay emails

3. No business in Canada or otherwise will be waiting around with their business model on hold while Seedo figures out their technology issues, better performing, less expensive options out there in the same discussions I'm certain

This is what I know, from doing my homework as an investor in this space.