RE:RE:Any stock price predictions?PatrickNeil wrote: There are 670 million shares out in a company with a market cap of 50million.
Best case is $0.15 by years end and current value at worst.
Things could change, but it costs about 250k to build a store, then there are inspections, then supplies, rent, overhead, etc.
If all the regulatory bodies begin to lift the caps then it is possible the stock will climb much higher, as it stands now, the company is stalled due to supply issues.
I spent a few bucks on this stock, but I didn't stretch myself like I did with some other stinkers.
solo has 5 stores ready to go!
Alberta Gaming, Liquor and Cannabis Commission (AGLC) inspections have been completed on Solo Growth Corp.'s two additional fully constructed stores in Stony Plain and Spruce Grove, Alta. The company now has five built and inspected stores ready to open immediately upon granting of a licence, which remains at the discretion of AGLC subject to the prevailing supply constraints in Canada. + 2 more stores soon:
An additional two stores located in Calgary and Edmonton are nearing completion and will be ready for inspection in the coming weeks -> 7 stores in total (soon) ready to go!
+ the bought one store which is fully operational right now.
Solo Growth Corp. has entered into and closed a definitive agreement, effective March 20, 2019, with respect to a call right on all of the voting shares of a licensed operating retail cannabis store in Red Deer, Alta., for aggregate cash consideration of $2.6-million. Concurrent with the acquisition of the call right, the company entered into a perpetual licensing agreement to rebrand and operate the store under the YSS banner.
Acquisition highlights
- Opened Nov. 22, 2018, the location has an established market presence with a growing customer base;
- One of two currently licensed legal cannabis retailers in Red Deer, operating as Green Town;
- Aggregate revenue from opening to Feb. 28, 2019, of $1.3-million;
this stock will trade .20 very soon.
lots of promo comming. lots of news comming.
company will have millions of revenue this year.