TSXV:NSP.H - Post by User
Post by
Rock34on Jun 23, 2015 5:10pm
93 Views
Post# 23861175
Finally....
Finally....A significant revenue stream!!
I am still digesting the news and I still have a lot of questions about the deal but we are officially players in the CBD market and inheriting an already active client base that we will be looking to expand.
A few questions I have are this....
- What were the current US sales of the product?
- If Medopharm believes we can increase sales to 10 tons annually, what does that equal in terms of sales?
- Why only a two year deal? Are we looking to get revenue to build/aquire our own facility to manufacture CBD powders using our own technology and therefore we wanted a bridge deal to that stage?
- and many more.....
I do believe that this is finally the step that investors (including institutions) were looking for. I believe we have seen some of the .25 shares coming out the last few days and we will need a few more high volume days to push through the rest (although there is only about 4M shares and they certainly wont all sell).
After what was a terrible day yesterday, today is a VERY VERY good one and I believe and hope it is the start of the next uptrend wave.