OTCQB:EMHTF - Post by User
Comment by
Nastysaskyon Apr 02, 2018 1:00pm
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Post# 27815373
RE:RE:2018 Year End Revenue
RE:RE:2018 Year End RevenueOoops....looks like Metalbrain slept through the VFF conference call. I could care less, keep shorting, it's your money.
Metalbrain2015 wrote: Nastysasky wrote: VFF confernece call suggested Delta 3 JV will have quadrant two complete (500,000sft) by August 2018. A full harvest from quad 1 & 2 would produce (75,000 / 4) 37,500kgs by 2018 yr end.
37,500 x 50% JV = 18,750kgs to both VFF and EMH
18,750 kgs x 1000 = 18,750,000 grams
18,750,000 grams x $5 ($5 is conservative at this early stage) = $93,750,000 in Revenue!!
EMH could potentially go from under $1,000,000 in revenue from 2017, to almost $100,000,000 in 2018. No wonder there is a premium on EMH shares.
Oh jeez another pumper with fictitious numbers that are wayyyy off. The Village Farms Investor presentation lays out Pure Sun Farms production perfectly so no pumper can deny it. As you can see Pure Sun Farms will only be producing 7000-8000kg in 2018. Thus EMH gets 4000kg from the venture and 5,625kg from their two 75,000 sq ft greenhouse modules for a total of 9,625kg for 2018. Everything gets exagerated 4 fold here - exactly how much EMH is overvalued by.