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Re: Newb21 post# 73299

Friday, 01/31/2014 9:17:31 PM

Friday, January 31, 2014 9:17:31 PM

Post# of 81315
Takeaways from new PR

1) nice to see Stephane be quoted, reconfirming his involvement and commitment to the company.
2) California is a greatly place to setup operations!
- the state is VERY energy aware, pollution reduction focused, etc. and there is a lot of trucking up, down and in and out of the state as the most populated state in the country.
3) the PR states that we can anticipate expansion of operations in Canada in 2015
4) They have now opened two centers of operation without use of dilution. We know that they, at best, could have $300,000 from 2013 revenue, after expenses. That is not enough to setup one, forget two operation centers. Where is the money coming from? This only reconfirms to me, IMO, that they have a deep pocketed partner/benefactor.
5) They are serious about rapid expansion. If they get Coors fully utilizing them, the Quebec and Cailfornia site operational, we are easily talking $10M+ in revenues and probably $2M+ in net profit as their cost per transaction will go down as volume increases.

I am not sure that this stock is a flipper stock, more likely a long term hold, which was not necessarily my initial plan, but this has multiple dollars and Big Boards written all over it.

Wish they had confirmed that they had paid off Mark N. but I think that will only be communicated as part of year-end report or q1 report.

Nice to get some validation of our investment.