QcTrader wrote: U.S.A hidden gem coming to light 2.0
Alternate Health Corp. ($AHG.c)
Share price: 0.60$
shares outstanding: 53m
Options/warrants: 3m @2.00$ average
Market cap: 32m$
Cash in the bank: 3.5m$ +5.5m$ access to 20m$USD non-dilutive 5.1%int.
raises:
-20m$USD NON-dilutive at 5.1% interest. (recently announced)
-0.40c no warrants, strategic investors about to close (not calculated in outstanding shares)
-0.42c no warrants, (insiders and friends and family participated)
-0.58c no warrants Debenture with interest (ceo,insiders, friends and family participated)
-0.77c full warrants, 1.3m$ it was only 1 investor that participated. feels like a friend or strategic investor.
Assets:
CanaCard/CannaPass
licensing technology for licensed producers in both Canada and USA, where it facilitiates the connection with both the patient, the licensed producers, the doctor, and the method of payment for both USA and Canada.
-CanaCard has been used in BETA testing in National Access Cannabis clinics (META) for a complete roll-out of both Recreational and Medical locations aswell as upcoming Pharmacies.
-CanaPass has a first mover advantage in Florida where they are the only authorized platform by the state to help connect patient with doctors and monitor inventory, patient conditions, improvements and so on..... Liberty Health (LHS) is a partner of AHG, and so is MedMen (MMEN). Medmen is currently rolling out a BETA test in NewYork, but also has plans to join the Florida CanaPass network. (you can compare CanaPass with a platform similar to Canopy Craft Grow, where a Florida Patient will have access to multiple authorized state Licensed producers, but alot more to that due to managing inventory, medical conditions, patient status..... )
CanaPass currently has more than 7500 patients registered in Florida.
Alternate Health Labs
24 000 sqrft Clinical Laboratory Business in Texas
Expertise in analyzing samples of biological material for various toxin, primarily drugs.
Currently has a binding contract agreement with major lab company for processing of 5000 samples per month increasing all the way to 25 000 samples by December 2018.
Alternate Health Life Sciences
-cannabinoid delivery systems from transdermal patches to dissolvable sublingual tablets for nutraceutical applications, R&D to demonstrate benefits, development of patents, development of proprietary formulations.
Alternate Health Four Twenty Inc. Welcome to california!
This is the latest acquisition of AHG, perhaps the main reason ive started accumulating shares in this upcoming gem.
Now before we go all crazy over that acquisition its important to understand that the price paid for that acquisition is 20% of profit after expenses.
So, Four Twenty Inc. is situated in the heart of California Humboldt County. One of the worlds most famous cultivation areas. An award winning region of California where all the premium top shelf marijuana is cultivated.
The Emerald Triangle represent a marijuana economy of more than 400m$ per year.
Four Twenty Inc.
-15 000 sqrft facility
-9 acres of land
-Cannabis distribution, manufacturing, processing, cultivation licenses.
-Large network of growers (70 artisan cannabis growers) producing over 50 000kgs of premium top shelf marijuana dedicated exclusively for Four Twenty Inc. to process, distribute, and sell.
(you know what lots of LPs are talking about the Craft growers network.... well Four Twenty Inc. is already doing it in the worlds most famous area for cultivating cannabis.)
-Access to immediate revenues due to processing for multiple artisan growers.
Few other important highlights
Strategic investors commitment of 4.5m$ @ 0.40c
Recent commitment of 20m$USD at 5.1% int. from a private fund backed from a previous paypal co-founder.
CEO purchased a little over 360k shares last year in 2017 at over 2.00$ per shares.
CEO participated in the recent debenture for 775k$USD
Friends and family and insiders participated for pretty much 95%+ of all previous raises without selling shares.
a quick look at Canadianinsider.com will show recent commitments, also CSE filings will show the participants in the recent raises.
Why should an investor consider buying into AHG?
-tight float, management conscious of maintaining low shares dilution a good testimonal of that is the latest raises where insiders and friends participated and they havent issued themselves a warrant.
-close to 52w low stock, very tiny market cap, strong relation with 3 big established retail giants, Medmen,LHS, META
-recently became operator, processor, and licensed producer with a very strong established california company. Immediate revenues due to processing over 50k kgs, from 70 artisan growers.
-Strong knowledge towards R&D and formulation, established relationship with physicians to universities, to major labs. currently holds patent of cannabinoid delivery mecanism.
-hidden gem, absolutely zero activity on stockhouse, twitter, or any investing social media platforms.
-we have a 33m market cap company with roughly 10m$ in the bank and acces to 20m$USD non-dilutive that havent been used yet.
-Acquiring product from artisan growers at an estimated resale value of 160m$ (food for thoughts when it comes to potential revenues.)
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Fortune Favors The Bold =)