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MMPRuser

02/24/16 9:36 AM

#30900 RE: Bergycb #30898

of course - it is an economic activity and must be accounted for, both the expense and the reward. a bag of trim has value and it is on our books as inventory, we lose that and the expense of the process but the new product is added to our inventory with added value in excess of the input

at least 10 cents a share boys, at least!

everything is accounted for, every light bulb and tank of C02, every gram of trim, whole bud and oil product, even the stickers they put on the jars - the bottom line is EARNINGS

10 cents a share minimum is the prediction, anyone else got one?

bottom line is this, Bruce has already said that the margins on producing oils is more than the margin for producing dried bud. The average price for a gram of dried bud we produce is under $3 and we sell it for over $7 - just think about that for a second - the oil margins are better than THAT!

Wo

02/24/16 10:28 AM

#30918 RE: Bergycb #30898

The accounting practice is to capture the value added in their economic activity. A single seed may be worth $10 ( or a million if its proprietary) , but the plant, once grown produces added value. ~ 70 grams of bud x $10 a gram. Voila $700 value. You put the work in to grow the plant, then you've earned it. Minus expenses. Now do that for your entire operation. It's not arcane. Its accounting for value added against expenses. Now to ship the product out for revenue