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06/26/20 10:09 PM

#116747 RE: StockNinja33 #116743

I agree.
Therefor I feel that the calculations by GoingLong30 in his/her post# 116682 make no sense.

However:

10,000 gallons/day
$8.00 = Estimated Sale Price/gallon

$80,000 = potential daily sales

200 ... Multiply by say 200 days/year, to account for weekends, holidays, equipment maintenance etc

$16,000,000 = potential Annualized sales

$4,000,000 = Mentioned by Gary Grieco in podcast as (minimum) expected Sales in 2020.

In the above calculation, it would appear that the $4 Million only represents say 25% of the potential Annualized sales at Little River.
Which is a much lower figure than I anticipated.
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skitahoe

06/26/20 10:16 PM

#116752 RE: StockNinja33 #116743

Perhaps I'm wrong, but I thought they indicated they were operating 24/7 to meet demands. I do believe they sell at a wide variety of prices, depending on who they're selling to, and in what quantity.

I don't know how many of the distributors have production capability, and I would have to believe that different category of distributors would purchase at different prices as well.

Of course the other question I previously mentioned is if a distributor purchases or leases a production unit, what is the company paid as they make and sell it. Again, I would think it would vary based on what was sold, and at what price.

D.E. clearly will be producing product, I believe he's intending to sell into both sanitation and petroleum production, and perhaps even into agriculture, especially marijuana, which is lucrative in Colorado.

It's funny, cannabis is becoming big here in California, but I cannot say I've been anywhere that it's being legally grown, I probably have, but never realized it. From what I gather, the best is grown in greenhouses.

Gary