![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, January 05, 2019 12:07:00 PM
I still believe we have zero worries as the time is near with WSRA in my opinion. I think some of the time that has elapsed has been due to some of the drying process that is associated with the harvest. I think all should read and re-read their earlier PR below:
https://ih.advfn.com/p.php?pid=nmona&article=78472890&symbol=WSRA
Western Sierra Announces Forecast of $15.6 Million
Palisade, CO -- October 16, 2018 -- InvestorsHub NewsWire -- Western Sierra Resource Corporation (WSRA), formerly Western Sierra Mining Corporation, announces its 12-month revenue forecast of $15.6 million. The Company’s robust October harvest of more than 15 acres of high-quality hemp should yield $12,600,000; this forecast is based on published wholesale pricing at 2 cents per milligram of “CO2 extracted” full spectrum CBD. The additional “terpene” harvest that CO2 extraction allows will add an additional $750,000 in value-added revenue. Extraction services revenue @ $90.00 per pound will yield in cash or oil-exchange an additional $2,250,000. An extraordinary line of full spectrum CBD infused jams, tinctures, capsules, balms, salves, lotions, and beverages has been developed, and new products are being consistently introduced and readied for manufacture.
As the material from this month’s harvest is processed and inventories of high-grade CBD and broad-spectrum cannabinoids are accumulated, the custom retail products will be packaged and shipped through a series of retail distribution networks. The Company’s current and potential national distribution partners met last week concerning the logistics of retail sales at the Company’s Palisade, Colorado, facility. Manufacturing and packaging will be phased to coincide with the increase in CBD inventories.
This $15.6 million forecast does not include the retail revenues anticipated from increasing demand for existing products; or potential sales revenue from newly formulated full spectrum products soon to be unveiled.
Revenue forecasts specific to retail sales volume will be announced as fulfillment schedules are finalized.
Safe Harbor Statement:
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.
Contact us
Western Sierra Resource Corp
westernsierraresource.com
Twitter
Facebook
Instagram
support@westernsierraresource.com
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM