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Bullboard - Stock Discussion Forum CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering CO2 Delivery Solutions to the global protected agricultural sector. Its patented technology helps growers increase crop yields and profits by enhancing plant growth, resilience, quality and water-use efficiency through aqueous CO2 misting. It is fostering sustainable agriculture practices and reducing... see more

TSXV:GROW - Post Discussion

CO2 GRO Inc > Grow trials or 10 year payment plan but not both
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Post by lscfa on Jun 28, 2022 8:34am

Grow trials or 10 year payment plan but not both

Why the hell does a grower need to do a trial if it has 10 years to pay for it if purchased. Co. should just      sell its product with 100% money back guarantee and skip the damn year long trials.
Comment by younginvestor27 on Jun 28, 2022 9:49am
Thats a hell of a good point. What gives?
Comment by spck11 on Jun 28, 2022 10:40am
GROW isnt in a position to negotiate hard. They have no leverage. They are sitting on a ton of inventory that at current sales rates will takes years to clear. Buyers are from an industry with razor thin margins where they dont have a ton of capital to deploy, especially when we are heading towards (or already in) a recession. Once sales start coming in and GROW moves along the S curve, they ...more  
Comment by TheRainman on Jun 28, 2022 10:59am
Ok folks.  Where did this ten year thing come from please ?  I keep up but have not heard about this. I do have this to say to spck11 and Grow Management ( as I know they actually do check in on this bullboard on occassion) At least the old PR guy did. You now have leverage in the field of growing peppers . Documented 30%  lift with a reputable, large commercial enterprise. The ...more  
Comment by lscfa on Jun 28, 2022 11:22am
14. Revenue The Company recognizes revenue at the point in time when control is transferred to the customer, which varies by contract but is usually on shipment or upon completion of installation. The Company’s payment terms range from 30 days to 10 years from the transfer of control. For sales that are collected over more than one year, the Company calculates the discounted cash flow (“DCF”) of ...more  
Comment by Longholder99 on Jun 28, 2022 4:43pm
Agree with Rainman. Should be no more weed trials either. As more proof on more products comes in tbe trials should not only drop.because GROW says no thank you. But as more companies adopt the tech others will simply have to own it to compete even on just a $/sq ft basis. Full fledged installs will be the way to go soon enough.
Comment by cashmein on Jun 28, 2022 9:54pm
In any case, all good news today. May be a little early for then to be too fussy. Still a new tech. For now would like to see more trials at least. Seems to be on the s,ow side for a while... Go Grow, grow :)))