RE:Here's what I've learned...I found a lot of answer to my questions on the monthly updates the post on the CSE website. Here's there latest one for August 2016:
https://thecse.com/sites/default/files/THC_Monthly_Progress_Report_for_August.pdf
There's no doubt this company is interesting, however the lack of financing is my greatest concern. There's likely plenty of investors out there willing to pile in money for this company, but there will likely be a huge amount of dilution moving forward. I'm not sure what upfront capital they require or how well there existing infrastructure scales, but it's likely they will need a substantial amount to compete.
GreenNme wrote: So...as an actual interested investor I came here for some help, asked a few questions...I was hoping shareholders would want to persuade me to join in, gladly answer a few questions. Instead, I got very indirect answers and and kind of a "do your own due diligence" answer. Not looking to have the info spoon fed to me, but after telling you I cant find the info on their website, etc...it would've been easy for someone to say "hey man welcome aboard. We have a 12,000 Sq ft facility in kelowna but are expanding" or something like that. Now...having spent a few hours researching..something seems way off here. Not sure how they are going to have 29 strains in that tiny facility. Does nobody here question these kind of things? The Affinor vertical grow systems are going to do it. They wont have product unless they're planning on buying from other LP''s. Like for real. Nobody here knows how much product they have ready to go? I can't find any info on that. To me, that's very important, it will help me gage how much THC is worth with their sales license. I think that's why we're seeing such higher market cap for Supreme who may even be behind THC as far as getting their sales license. But I'm not a buyer over there at 70 cents. Still, their's you could say is deserved bc of the massive 350,000 sq ft facility, lowest cost producer angle, and already to-be sold product pending license. Although I agree 10-15 cents is quite a laughable suggestion, still, remember what this was trading at just 1 month ago. Maybe 25 cents isn't an unthinkable SP for this to settle into next week or 2. I don't want to hear the same pump "any day now, any day now license coming" bc these things ALWAYS take longer then ANYONE thinks. Remember recently Aphria even posted they were going to start shipping their oils starting in July...HC permit came 2 months later. It could come tm, sure. A lot of bagholders (for now) were made last week buying around 40 cents so excited about getting a sales license, instead of asking these questions. There's too much uncertainty. For me anyways. I need to do more homework. Please, someone...convince me to buy 100,000 shares tomorrow. Why is this worth 30+ cents. Explain it like I explained SL value. How do you plan on making money of your lab. Make me buyyyy :)