InvestorsHub Logo
Followers 2
Posts 478
Boards Moderated 0
Alias Born 05/20/2021

Re: Lurking Board Member post# 4102

Thursday, 03/17/2022 1:44:24 PM

Thursday, March 17, 2022 1:44:24 PM

Post# of 4946
i agree they are big boy numbers. But not possible with the two compnaies they have done the JV's with. Do you know the costs alone to deal with that amount of product. drying facilities, irrigation, microbial removal, packaging etc. its in the tens of millions. add to that, in order to get GACP, you need staff washrooms, lunch rooms, change rooms, showers etc.

first one is:

http://www.cdmcolombia.co/en/home1/

its owned by AZFL. trades at .0004 cents. total of 8 million market cap.

second one is:

https://yodda.com.co/nuestra-compania/

they have a total of 5.5 hectares.

in order for someone to produce that amount, they would need hundreds of hectares. and like i said above, the infrasturcure alone is in the tens of millions. look at clever leaves CLVR. They have spent a total of about 70 million on facilities in colombia, and they arent producing anywhere near that. nor is pharmaciello pclo. they have spent about 50 million.