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Replies to post #19117 on North American Cannabis Holdings Inc (USMJ)

Replies to #19117 on North American Cannabis Holdings Inc (USMJ)
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bobbs

03/06/13 11:45 AM

#19118 RE: ceobillionaireboys #19117

I feel that this PR was more of a ringing of the dinner bell, hah... First get their attention and then start serving the steaks! Hopefully we get juicier PRs in the next week or so.

NVAE
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hearmenow

03/06/13 11:50 AM

#19119 RE: ceobillionaireboys #19117

Great post.Could not agree more..NVAE
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Penny Machine

03/06/13 12:02 PM

#19120 RE: ceobillionaireboys #19117

Once the .0003's are in strong hands, price will move up on a very thin ask imo!
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BeamMeUpScotty

03/06/13 12:18 PM

#19126 RE: ceobillionaireboys #19117

Read between the lines in yesterday's PR ....

They want to develop two facilities (Tulare + another they mentioned - but not by name) and are raising $5m financing to do it ..... they PREFER DEBT financing - secured on assets of the company - NOT equity, leaving the company share structure alone for the moment.

So that's $2.5m per project cheap. Very cheap considering returns that will flow from them! The company conservatively estimated $6m in revenue in the first year of production.

So they see no need to reverse spilt for the foreseeable future .... not until the company is re-capitalised.

Then they also own the patents ..... these guys are all mature not some young whizz kid. BUT they have a proven process that works ....

As soon as they have the $2.5m to start of production on Tulare ....