InvestorsHub Logo
icon url

newmedman

05/07/14 1:24 PM

#116147 RE: ThePlatinum #116142

They can grow all they want to. It's selling it that will be the hard part.

well, they also have to get a license to do so first.

icon url

7Secret7Service7

05/07/14 1:24 PM

#116148 RE: ThePlatinum #116142

As they are intending to expand/ build more facilities on the 10 acres lot, thus increasing grow-room capacity....duh!
icon url

nycapo76

05/07/14 1:25 PM

#116149 RE: ThePlatinum #116142

more like 260,000 lbs per year....yeah math sucked for you huh? don't forget the PE factor
icon url

Stock Steward

05/07/14 1:27 PM

#116150 RE: ThePlatinum #116142

NO NO NO its 1.3 million pounds every single year at full capacity. But it will take Bill Chabaan and CEN Biotech inc. 5 years to reach full capacity. I think he mentioned the first year they would produce 6000 pounds to start in another interview with AB.
icon url

MonestHind

05/07/14 1:30 PM

#116156 RE: ThePlatinum #116142

The article very clearly stated 1.3 million PER YEAR.

Guys - I know it's easy to get swept up in the groupthink, the excitement...but this stock is going to burn so many who aren't using their own brain.

I sincerely suggest everyone slow down and think about what the reality is here. This stock is going to be worth 50% of what it is now before long. Just like I warned about in the other recent notable carnage-ridden stocks in this sector.