Friday, February 26, 2021 9:54:09 AM
To show they are preparing and getting better and a work in progress:
continues its momentum towards its first commercial sales and is expected to report initial revenue Summer 2021.
PSC has gathered valuable data from crops grown to date and continues to develop and strategize to further aid in its positioning as a leader in low cost product.
“We have made recent modifications to existing infrastructure....increase our drying capacity and revenue for summer 2021” Ruben Houweling, general manager stated
PSC will be optimizing its propagation operations by fine-tuning its climate strategy to produce healthy.........cut costs
1,420,018 common shares of the company at a deemed price of $0.05 cents per share to settle $71,000.92 with certain creditors.
So the new drying system without cash outlay. If the deal was done around Jan 1 the pps was around .025 and went to around .04 today so that looks like a minimum of 20% and a maximum of 50% higher initial return, product up front, without a major cash outlay, which is another good reason for me to own AGFAF. Also, as a note, the high mark on the stock recently has been .06 not .10
I hope that helped.
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