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Alias Born 06/07/2019

Re: None

Tuesday, 09/10/2019 9:19:55 AM

Tuesday, September 10, 2019 9:19:55 AM

Post# of 1110
The number one question for today's call is very simple. How many acres of hemp are currently planted and what percentage is CBD quality vs. bulk hemp. The answers to this question will allow us to figure out the revenues for the 12 months Oct. 2019-Sept. 2020. Then as the finalized share count comes in (my best guess after all dilution) about 120M shares plus preferred debt of 20M-30M, we can correctly value the company. As for the loans to rebuild the dam, this is not my area of interest or expertise and to date I will continue to discount this and balance any upside vs. the existing debt. Once revenues can be determined based on acreage planted and type, we can place a 10x multiple on it (discounted from industry average due to quantity of current products)and divide this by the current/future estimated float, omg. I still believe that within 3 years the company if they execute can bring production up to 1000 acres or a 1.2B plus valuation (CWBHF has a 1.7B valuation but with much better market penetration) or $10 a share. This is a 30x to 40x upside. The preferred loan position at that point is irrelevant as is the dam imo. The dam if completed can be used to spin off the previous poor management and simplify the company for a buyout. It starts with today's call.
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