Mid-April for both the 10-K and 10-Q but they will be sharing some revenue updates in the next couple of weeks more than likely as the CEO anticipated CBD oil and cuttings sales this month, in addition to seed sales. The deal with the cuttings was for up to $600,000. As far as the CBD, it could be substantial. He said they are selling within Columbia but that could be to an international distributor for export.
He has said they have 2.6 hectares in cultivation. The oil from 2.6 hectares can produce $1,623,662 per cycle. $1,7500,000 max from seed sale, and up to $600k for cuttings.
Figuring around $3 million, give or take, is possible 1rst quarter.
That alone, projected out and in this sector, could push PPS multi-dollar. The real fun is Q2 when the THC sales begin. Thomas is projecting uplisting Q3, which means $4 plus by then and I can definitely see that happening with the current grow expansion and the GMP extraction facility being built.
This is the real deal, gonna be a nice ride for those with a little patience and an extremely safe play with the CEO funding for preferred shares. I may not post much but I will be here. Looking to make this one my first long play of my OTC career, trying to protect against those possible hikes to capital gains tax being put out there as well.
OWPC!!