From Q1 report:
"Global Consortium, Inc. (“GCGX”), through its wholly owned subsidiary, Global Consortium Holdings Inc., owns Indulge Oils, a Cannabis Distillate. Indulge Oils is currently being manufactured in Sacramento, California, by Global Consortium Group, LLC a licensed cannabis Manufacturer."
Now, we have all seen the tweets regarding the agreement with Global Holdings where they will receive or Indulge will receive 25% of the THC oil leaving 75% for Global Inc.
Again, from Q1 report:
"For 2020 the Company will focus on fulfilling the current order in place for 25 liters a day with a conservative estimate of $2,100 per liter paid to Indulge Oils. This assumes the buildout of the extraction room and the inspections passing. Should Indulge deliver a product in the mid to high 80’s in potency, then the price per liter could increase by $1,000 or more earning more money for Indulge since the costs will stay the same."
Now, we know subsequently that the extraction room was completed and the inspection passed. We also know from subsequent tweets that the potency of Indulge's oil is approaching 90% or better. So, in order for Indulge to get paid $2,100 per liter on average then we know first that the potency is high enough and if we do the math we will know how much this oil is expected to sell for on average per liter:
$8,410L, woohoo!
$2,100L = 25% - Global Holdings
$6,310L = 75% - Global Inc.
$GCGX...
It's all there in the report however, you will never see it emphasized because the Chinese wall presents a hands-off approach to the plant: You know, hands off like Social Distancing, only difference being:
Touch the plant - NASDAQ dead!
Touch COVID-19 - You're dead!
