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Fishing at Surfside

01/05/19 12:44 PM

#7426 RE: stervc #7425

"Extraction services revenue @ $90.00 per pound will yield in cash or oil-exchange an additional $2,250,000."


It seems this cost should have already been incorporated into the cost of the finished CBD oil … unless they are processing hemp for other farms, which I believe is the case.

retired early

01/05/19 2:25 PM

#7427 RE: stervc #7425

Yes their PR spells it out clearly. Going to be HUGE. :)

silver_bars

01/05/19 2:51 PM

#7428 RE: stervc #7425

imo, the delay is due to the definition of "final accounting" in the deal.

imo, "final accounting" likely includes some type of "profit participation" clause related to final "retail" or "end-use" sales.


JMMatthews

01/05/19 5:21 PM

#7430 RE: stervc #7425

Also of the opinion we have zero worries. Thanks for the reminders Sterling

WSRA $$$

v/r
JMM

bigboard

01/07/19 9:12 AM

#7436 RE: stervc #7425

That's correct, Hemp harvest processing takes time. It is not instant. See Rick's response in the past emails I had posted. However we will hear shortly, but exactly when we don't know. However 3 months now is decent time from the last PR to hear some update not only on the harvest but also any Hemp expansion with Farm Bill or more CBD partnership/investment. Rick's responded several times, the reason for delay in PR is good. We will have to wait until the picture is clear.

I am looking for big surprise after such long delay of 3 months PR, something is definitely in works, for sure