Vert Infrastructure Ltd CRXPF

The deal explained

[420man]

Mym is basically paying elite 500k up front to come plant, grow,harvest and sell cbd rich hemp  on their ( Mym) land.

In exchange , they only ask 50% of harvest (minus the cost of processing and sales fees) so basically less than 50%. Which is 13 million. To me it sounds like Elite would get the other 50.

Mym - $13 000 000 ,minus cost of processing and sales , minus land ownership fees, taxes, etc

Elite -$13 500 000 ,plus cost of processing and sales fees  

Basically it sounds like Elite is great and growing hemp and they just made a great deal . Materials and labour ..no overhead expenses. Basically pure profit and sounds like a good deal . 

It also sounds like MYM May give crops products some exposure in three different countries markets ...which sounds like a plus as well 

thoughts ?

[RidernationBra]

I like the deal. Aligns with the culture of this management group. Lower risk by subletting rented land. They are all about passive income. Much like a REIT. They set it up, lease the infrastructure out, collect profits whilst charging a management fee. Considering this is only 5% of the available CBD land, more deals will be like this in the future.

[stranger5]

IThinking about the deal ? I like it ? It is what it is with cash up front (insurance) and we are connected to something else going down which is a very agressive move (and safe) . We are not boring but an exiting new company which is where I want to be ! If you don't believe in this company maybe you shouldn't be in as I believe this management is something else and they know more than we

[lmcbain]

Ok - so I read thru a bunch of posts and reread the NR and reviewed other documentation available from the company and I was still not sure why this deal was made. So then I called the company and I got an answer - it was honest and it addressed my question and the deal makes sense IMO. Here goes with the explanation: There is a crop to be grown / cultivated / harvested / sold and the gross

[lmcbain]

Simply put - the key here is that the revenue/profit that will be generated by this project would equal a grand total $0.00 if the $500k investment was not accpeted, so as long as the profit is more than $500k, it will have been a good idea. Salut, Leigh McBain

[fortunetelller]

Bullets is right. 

[StSebastian]

Thank you for sharing your DD

[AutopiIot]

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