RE:RE:Question is..TheGoldenBear wrote: My thinking is that if they can generate the same revenues as weed, with the same business model, but with different crops, then the price will hold. If people perceive this as a pump and dump that is over the hill, then its over for now and no low is too low to be unthinkable for me.
Weed is already a running business producing revenue and they are in the hot "MMJ" area. If you are not an "MMJ" story, then I as an investor, do not really care what crops you are producing.
There are big oligoploies out there growing crops for decades. It is a mature sector with high barriers of entry and tough competition. On top of that, this is just an idea at the moment.
Where are the revenues ??. They have just signed a bunch of LOIs and expect production on their "roof top garden" concept at the earliest by September. Who knows what their #s will look like if and when they get there. I was reading Parry's article and I am amused how nicky is looking at this as a technology play. So, we have gone from a "mmj play" to a "strawberry play" to a "fabrication play" to now a "technology play" ??, all in a matter of 3 months !!.
Good Luck with that !!