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Re: BlueGreenPower post# 1848

Thursday, 05/30/2019 1:29:29 PM

Thursday, May 30, 2019 1:29:29 PM

Post# of 2256
I'm long CROP, and naturally this PR got my attention. I had to re-read it several times to make sure the $89.5 million number wasn't a typo. At first I assumed they meant $895,000. Does anyone else find this announcement hard to believe? I mean, if it's true, this is a huge, huge order for a company with no revenue. Also:

"The total anticipated value of the Supply Agreement, if the Initial Term is extended, is expected to be approximately USD$131,500,000."

Does anyone else (and not just the short sellers) find these numbers hard to believe? If they are legit, this order would make CROP one of the top cannabis/CBD companies by revenue, and this stock should be skyrocketing. But it all seems a bit fanciful to me.