Replies to post #2190 on Fiore Cannabais Ltd. (FIORF)

[LongNDeep2]

Slight error.

Rather than wait for those revenues to roll in, to finish building phase 3 (225,000 sf)...I think the share price should be considerably higher then. If shares were $1.00...we could get an additional $50 million in funding (the amount needed to finish Vegas)... For about 50 million shares. That is where I got the 450 million shares number....100 million at .34... And 50 million at $1.00. We are currently around 300 million shares...I rounded to 450 million shares. I don't like any more dilution...but not moving and letting competition have a crown jewel market...is not wise. The revenue numbers will compensate for and outdo the dilution by a large amount. The 65,000 sf building should generate $20 million per year...perpetually. Take the loan when the shares are up and move on it.

If we got additional funding at $1.00 per share for $50 million....I forgot to add the 50% premium...the payback amount in shares would be $75 million....not $50 million. So that means share count would go up to 475 million not 450 million....it's a small difference...but still an error in calculations.

GLTA

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