RE:RE:RE:RE:RE:RE:RE:MMJI am not bashing and i can read ..i am just asking you a simple question if you know any details of the deal.Does it have any
restrictions? is there any limits to how many $ Matica can draw down ( time /amount) and when they have to hand in MMJ shares? Is there any holding period for the bank before they can sell the shares in open market? You assuming that Matica will take some $ from the bank and the share price is gonna go up and then they can take some more and share price is going to go even higher.What about the dilution ? if they have no holding period the bank could sell it in the open market and cause the share price to dip ,they will have a plenty of shares to play with .They have 25% discount.So my simple question to you or anyone who may have any info is what are the details of the deal??? Do you know?
This stock is not going to go up on hot air but on facts ...goldboyz2 wrote: Not speculating at all I opened my eyes and read the NR lol so you dont even know what the deal is and yet you bash it..... ( scratching my head ) ? Also if you look at the 10 other deals they have made have all been similar, once again no speculation just FACT. Cash injection can happen when certain price points are held and Alumina gets a 25% discount whatever the price of the stock is trading at ( like I said big money always wins) for example look at THC, they drew down money from Alumina from 70 cents all the way up to 1.30-1.50 I believe, MMJ could draw down a couple million once needed at 50 cents which alumina gets a 25% premium to the actual share price is at that point. Great deal for Alumina and great deal for mmj, if 200k sq cost roughly 10-12 million we are sitting on upwards of 500k - 600k sq if funds fully used. By then MMJ will be making loads of revenue especially being only 8 lps in QC. 1,000,000 sq will be fully built by end of 2019, does anybody know how much flower can be produced off 1,000,000 sq of canopy ? yeahhhhh hundreds of millions of dollars worth. AS soon as cultivation license comes the news will flow like water and the sp will skyrocket to where it should be .
Straigh wrote: What do you men when you say "
The credit with Alumina can be drawn out at anytime, if MMJ can sustain certain price levels they can draw down cash at different prices which helps with the dilution". Do you have any info on how and when Matica can draw down the cash or you just speculating ?
goldboyz2 wrote: The credit with Alumina can be drawn out at anytime, if MMJ can sustain certain price levels they can draw down cash at different prices which helps with the dilution. MMJ had 10 million in last financials, minus the yunify deal n such, maybe we got 7-8 million left now, 7-8 million can get a lot of construction/expansion done.Doing all that work takes time which allows MMj's 525,000 shares of a private company THCD who received cultivation license a couple months ago to increase in value further, THCD raised money as of late at 5$ share, couple months from now THCD sp will be much greater then $5.00 dollars a share such increasing MMJ 525k shares to much more then $2.5 million, could be 5-10 million in 12 months time imo Once MMJ receives cultivation license on their first 10,000sq facility is the nail in the coffin and will put matica in a category considered a larger player in the sector. Soon after that making revenue on the 10,000sq is more money to come over the next 12 months. With access to over 30 million dollars in money to expand the company and the first phase 200,000sq hybrid greenhouse being fully funded without the need of drawing down any of the alumina 20 million dollar commitment. MMJ is sitting prettier than ever, its a ticking time bomb just like the last time this ride took off, but now MMJ is positioned better then ever to capitalize.
Straigh wrote: It is definitely good that Matica has access to 20 million dollar credit, the problem is that they are at .16 fucckking cents and that means they will have to dillute at the bottom of their share price .They should have done this deal when the stock was at ,70 or 50 cents that would save us a lot of grey hair.The fact that Boris is lacking experience in MJ field is hurting everyone who put money in .Boris can arrange financing ,he has the investment/banking backround ( this 20 mli$ in my opinion is not as good as it looks) but everything else is lucking experience and vision. If this stock doesn't move next couple of weeks it will be dumped by many frustrated investors.the MJ run can only last so long ,people will start to look at earnings and production cost ,what they gonna see in Matica ???no sign of construction ,no production ,no license.Money is being spend on access road but no news on permits or contract awarded .We need fuccking NEWS which have something in it beside picture of washroom or Boris cutting grass !!!!!!!!!!!
goldboyz2 wrote: Other companies submitted long before Matica and still haven't gotten their license either, public and private companies, the process is long and big money always gets priority, business relationships/favoritism is real. The yunify deal is still brand new and if you don't know already you are clueless but the big runs can happen anytime depending on which company, from a couple weeks ago till the new year, tons will be going on and not every company goes up at the same time like wtf ? Il give it to you on one point though when does throwing in the towel come to be the solution...? I'll give it to at the latest end of October if it goes that long with no cultivation license, mind you regardless this will be pumped up some point during that time for some nice profits due to the simple fact of MARIJUANA IS LEGAL and its actually happening.... everything is well thought out and planned and I'm going to be betting MMJ is one that will make a roar into the scene very shortly imo if you knew anything about Alumina's past history on investments you'll be funny to find out that all of them have received cultivation license, MMJ, CHV and BE are some of the few new guys to gain a significant investment with Alumnia to have 30 million to expand the company is BIG money and big money always wins/gets paiddddd. Wait for the news its coming. Great things to come. GB
glenloates wrote: What makes you think its still in HC's hands? Other companies submitted long after Matica and got their licenses. Maybe you should be wondering why Matica has been so silent for so long? Your last news release update on anything to do with the $5 million+ pot play seems to have been back in April/May.
How about the $2 million Yunify thing? or the Hemmingford greenhouses?
We're coming up to October. How long does it drag out before you start to wonder what's going on here?