Folks, don't let someone come in like a bull in a China shop and destroy your dreams. First, Matt and Tom are not lying, a delay and setback is not a lie, not yet anyway. That said, I have concerns for my investment too just like anybody else would have though I try to keep my concerns within reason. All new companies are vulnerable in the first couple years and we’ve only just completed the second quarter. It's certainly not time to throw the baby out with the bathwater. New companies need to be given a chance, a reasonable chance to succeed and a reasonable time frame. So far I see nothing unreasonable except for perhaps some way over-the-top allegations.
Global is making progress, the merger looks good, assets are good, and the build-out of the Cannabis mall is progressing though it was delayed. The annual and first quarterly reports are out and will soon be audited in preparation for uplisting to the otcqb. We have revenue from one income stream already and are told we will soon have two more revenue streams coming online as soon as we receive the CO: Indulge Oils and Tahoe distribution. And if the CO comes by the middle of this month as expected then there's nothing to get all worked up about and actually plenty to get excited about!
Indulge has 3 extractors currently, each capable of manufacturing 5 liters per day. Now, that's 15 x $8,000 per liter = $120,000 dollars per day x 7 days = $840,000 per week + $50,000 per week for Tahoe distribution = $890,000 per week, potentially, when these 2 additional income streams come online this month. Now, add another approximately $170,000 per week from Infused Edibles and now that's over $1,000,000 dollars per week, woohoo! Folks, that's plenty to get excited about!
Furthermore, if the CO comes this month as expected then the company will soon be buying more machines and manufacturing more oil. I see the health and wellness CBD movement growing exponentially across the nation and the entire world! The push is on and the pressure is on the FDA to find a way to allow CBD into the food chain. And, there is no doubt about it, they most certainly will allow it and when they do then the demand for CBD oil will be off the charts! Just trying to keep it real, my dream is real, and still very much alive:
3rd quarter if the CO comes on the 15th of August:
3 extractors @ 5 = 15 liters per day
90 days per quarter
Half quarter = 45 days
15 * 45 * $8,000 dollars per liter = $5,400,000
Tahoe Distribution @ $50k per week * 6 weeks, half quarter = $300,000
Infused Edibles Q3 = $500,000
Q3 Total = $6,200,000
Go $GCGX...
