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Re: ChiefZ post# 601

Thursday, 01/06/2022 9:27:10 AM

Thursday, January 06, 2022 9:27:10 AM

Post# of 2313
That's my price target for my core position, $10. I am fully expecting to wait a while on those but honestly, the way this looks to be setting up it could come quicker than we think. Extremely common to see stocks in this sector spike 100x revenue. Just $6.5 million in revenue would create a $10 move based on that type of valuation and I suspect they are looking way beyond 6.5.

As far as the financing goes I think there are several possibilities that may have much less impact on the share structure.

One is that the new law established in Colombia allows cannabis companies access to conventional banking establishments. Something that can not be done in the US. Being that OWP's assets are all based in Colombia there is a possibility of more conventional borrowing based on them.

The second is Stellantis. They have specifically said that connecting with financial resources is part of their supplier development program and they have also stated that they have set aside over $30 billion to develop their EV line.

The last one would be Isiah Thomas being added to the board of directors at United Wholesale Morgage. UWM is sitting on $1 billion in cash, did $329 million in net sales Q3, and has stated diversification plans. I look at the other 8 board members and can see their direct contribution to UWM but Thomas' role is not quite clear, not yet anyway.

As I said in a previous post, according to the new website, OWP is looking to offer financing options to its customers. We know they don't have the resources to offer that at this point so it has to be coming from someone else. Whoever that is is likely going to be funding OWP directly as well.

6 months is Feb 12, "within 6 months" is any day now on the completion of the processing facility. The 948 hectares in "sustainable" hemp grow is lining up nicely with the facility going live.

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