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Sunday, July 14, 2019 9:45:26 PM
1) Is it fair to assume the AMA will be operating with negative gross margins over the next two quarters?
2) What is a realistic timeline for the first harvest from the new facility?
3) Many investors scoff at 1933 for its history of poor share price performance. At the last AGM it was stated that this was due to the amount of cheap warrants that were outstanding. Do you think this is a fair assessment of why the market is not as generous to TGIF as it is to other Weedstocks?
4) Do you anticipate being EBITDA positive by mid-2020?
Thank you for your time Mr. Rebentisch, may your natural charisma and prudent expertise lead us to a greener future.
Chris's responses
1)The life cycle of the plant is 15 weeks. Staggering the 5 zones every 14 days and ramping up a 67,000 sq. ft. cultivation facility to full production/profitability takes time.
2)Approx.. 15 weeks from the time we move plants into the building.
3)Share price has not reflected the success and growth we are having. We have never been in a better position operationally.
$That is certainly our goal!
Thank you for your amazing support and confidence!
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