Post by
NEWBIEVESTOR on Aug 17, 2018 1:14pm
HIP vs BE
Both companies planning to produce approx 28,000kg flower.
BE fully diluted 70 million shares with a current 80 million market cap, 13 mil cash on hand
HIP 700 million shares fully diluted with a 300 million MC, 120 mil cash on hand
BE going to be at full production in September
HIP full production early 2019
hmm I wonder which one is the better buy right now
Comment by
PerfectPlay1 on Aug 17, 2018 1:31pm
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Comment by
Thelonious on Aug 17, 2018 1:48pm
i know you're trolling but by your numbers HIP still is more cash percentage wise and absolute value wise HIP is already producing weed
Comment by
NEWBIEVESTOR on Aug 17, 2018 2:01pm
BE has been producing from their initial 1000kg facility for some time too. They also acquired Medi-green last quarter that did $3 million in sales of medical product in 2017. I’m not trolling I’m sitting on 40k BE shares it’s a far better deal.
Comment by
flyboy27 on Aug 17, 2018 2:14pm
They dont have anywhere near the BRAND POWER or capacity that HIP has. BE @ $1.24 is just another indication that Newstrike has been beaten down to current levels, HIP should easily be worth more currently. guess we will find out
Comment by
NEWBIEVESTOR on Aug 17, 2018 2:19pm
You think a logo adds $100 million to the market cap? These companies are pretty much equivalent except BE is less than half the price after you subtract cash from the market cap. BE will also be at full capacity 4 months sooner.
Comment by
flyboy27 on Aug 17, 2018 2:28pm
its not the logo.. and full capacity means f- all if nobody buys there shiz. why are you here telling us this ?