TSXV:CYX.H - Post by User
Post by
JohnnyNoBrakeson Oct 21, 2016 12:30am
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Post# 25369246
Early warning report
Early warning reportThere are some new documents in Sedar that talk about Mr. Forde adding to his position...always a good sign. At $6.4 million there is a lot of value here. CanvasRX was acquired by Aurora for something like $10 million. LEAFHub will be deployed in Canada and the states, and is expected to be used by a lot more people. Their latest release talked about lanches coming soon in Washington and Colorado, and then most likely California Nov 8.
As a programmer, I understand how writing even just a simple module can add a pile of value. Salesforce has a market cap of $50 billion, and it isn't even that good. Go back through Sedar and look at all of the reports even all the way back to 2000. This looks like a diamond in the rough to me.
By 2019, I bet that most of the world will have recreational sales, and LEAFHub will be the defacto standard software used throughout the industry. In the meantime, we appear to have consolidated nicely and I would not be surprised if we see 30 cents soon. It is definitely not time to sell.