CBD Denver Inc (CBDD)

[anonymousjon]

NEW TO $CBDD? Here's a little DD for you...

I've been putting the pieces together, looking for an earnings release mid-to-late October, and this one has the potential to be outstanding...

On July 13th, CBD of Denver announced their largest transaction in company history, a test pilot program, where a customer bought 500kgs (little more than a half ton) of CBD flower. $363,000 in revenue. QUOTE: "If the purchaser is satisfied with the product, they have agreed to purchase an additional 1,000 kgs per week for an initial 3-month trial period." Source: https://www.nasdaq.com/press-release/cbd-of-denver-inc.-cbdd-announces-the-largest-transaction-in-company-history-2020-07

45 DAYS INTO 3rd QUARTER - CBDD announces they've reached $1.4m in revenue. Source: https://www.otcmarkets.com/stock/CBDD/news/CBD-OF-DENVER-INC-CBDD-Reports-Revenue-for-First-45-Days-of-Q3?id=271817

THEN SEPTEMBER 21st PRESS RELEASE: (almost exactly three months later from the July 13th PR)

"CBDD has agreed to a working relationship with a Denver based company to supply up to two tons of hemp per month to CBDD's Rockflowr subsidiary. Marcel Gamma explains "We are very excited about our new relationship, giving us much-needed product to fill outstanding orders..." Source: https://www.prnewswire.com/news-releases/cbd-of-denver-inc-cbdd-announces-relationship-sourcing-hemp-for-swiss-subsidiary-301134390.html

The PPS is at .0011 (seems to have solid support here) as of 9/25/2020, a market cap of $4.7m, with 4.3B O/S. The biggest hurdle with $CBDD is the O/S. It's a big mountain to move, but I've seen runners do it. On a conservative side, $15m market cap would put us at .0035 but I think $30m isn't out of the realm of possibilities. .0035-.007, and if you consider CBDD's warpath of acquisitions, agreements, grow, and retail, we could definitely reach pennyland next year.