OTCPK:SPLID - Post by User
Comment by
stockveton Oct 10, 2018 7:34pm
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RE:RE:RE:Re:100 million
RE:RE:RE:Re:100 millionThe November and December financials should be good indicators that the tide is turning. According to Posner, they could be profitable in 2019 as Greede stated. I believe it was in this interview, but I don't have time to listen to it again right now:
https://www.nutritionalhigh.com/yahoo-finance-interview-with-chairman-david-posner/ Waltzer wrote: What I’d be more interested in forecasting is how long it would take the Company to actually turn a profit and generate positive free cash flow or positive cash flows from operations — Year end 2020?
Greede wrote: I'd dial down that enthusiasm a bit.
Look for $1 to $1.5m USD per month to show up in their next quarterly financials.
THAT ALONE should make this stock POP.
$100 million ? lololol. That's a fair ways off, but I do appreciate the enthusiasm. Believe me I would love for you to be right.
In a few years, like 3-5 years but they'd be bought out by then anyway.
They could be profitable by mid 2019 at least!
Dp6969 wrote: Jim Frazier said this month Calyx will be making 3-4 million us within a few months in California.
Nevada has tranches set up to start construction on new grow facility to handle 45,000 lbs per year.
45,000 lbs depending on how it’s sold (454 grams per lb at 7$us is around 140,000 million us). Which they have applied for several dispensary licenses in Nevada they will be handed out before Dec 5, I would say Nevada will soak up most of there supply through their own dispensaries.
Nevada is currently much higher per gram $u
Plus us all other states starting their own revenue streams 100 million could be on the very low end:)